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MDV keen to finance green technology ventures
Malaysian Debt Ventures Bhd plans to finance green and clean technology business ventures in an effort to create a viable growth area for the country.
Making virtual libraries more vibrant
Plans are afoot to facilitate knowledge sharing through a virtual library network called U-Pustaka.
The Bank of Tetris? Finance gets videogame revamp
Imagine if getting a bank loan was like playing a computer game: as you performed special moves, completed levels and racked up points, your credit profile improved and your cost of borrowing dropped.
Money, scouts and speed dating: Banks fight for technology edge
Hoping to link with tech entrepreneurs and get ahead of a wave of digital innovation, Europe's top banks are setting up multi-million dollar investment funds, hiring scouts in Silicon Valley and hosting "speed dating" sessions.
Peer-to-peer lending surges in US, challenging traditional banks
Josh Smith, a 30-year-old blogger on finance, was in the midst of a career change in 2009 when he sought to refinance US$8,000 (RM29,031) in credit card debt.
Automated lenders threaten to eat banks' lunch
When Kevin Pereira needed a loan last year for his shaving gear business, his bank, Wells Fargo, considered his application and turned him down.
Crowdfunding property development in China
Internet financing, a fast-growing source of funding for small companies and start-ups, is finding an unlikely new class of customer in China - billion-dollar real-estate developers having a tough time securing loans from traditional sources.
Google says 'no' to payday lender ads
Google, a unit of Alphabet Inc, said it would ban advertisements for payday loans as these "deceptive or harmful financial products" take advantage of vulnerable customers.
US sees 'potential for abuse' in online lending: DOJ's Caldwell
The potential for abuse is growing in financial industries such as online lending, where technology is replacing traditional safeguards, the top lawyer in the US Department of Justice's criminal unit said.
Latest threat to online lenders: "stacking" of multiple loans
Many online lenders have failed to detect the “stacking” of multiple loans by borrowers who slip through their automated underwriting systems, lending company executives and investors told Reuters.
