The Malaysian RHB Banking Group has launched a chatbot via the RinggitPlus comparison website.
The chatbot is a blend of an “advisor” and “salesperson” for consumers applying for a personal loan. During the conversation the chatbot co-ordinates all the necessary information and communicates eligibility via SMS.
The RHB Banking Group targeted outcome is to grow their personal loan business through the RinggitPlus channel by 60%.
Here are some insights from this announcement:
Beehive, MENA's leading peer to peer lending (P2P) platform, has secured $5m investment as part of a Series A round led by Riyad TAQNIA Fund and supported by the Mohammed Bin Rashid Fund (MBRF), the financial arm of Dubai SME, as well as several other regional investors. This latest fundraise brings the total raised by Beehive to $10.5m since its launch.
Craig Moore, Beehive Founder and CEO, said:
Reaffirming EclecticIQ's commitment to improving the effectiveness of cyber threat analysts, the new analyst-centric features of EclecticIQ Platform 2.0 allow investigations to go faster and go farther than any other product on the market.
London Stock Exchange plc has today received regulatory approval from the UK’s Financial Conduct Authority (FCA) to be authorised as an ARM (Approved Reporting Mechanism) through its UnaVista platform.
The approval means that UnaVista is able to offer transaction reporting services for its customers to help them in meeting their reporting obligations under MiFIR.
SWIFT announces today that Citibank and Standard Chartered Bank have joined SWIFT India Domestic Services Private Limited (“SWIFT India”) as shareholders.
IHS Markit (Nasdaq: INFO), a world leader in critical information, analytics and solutions, today announced that it has partnered with six leading securities finance market participants as part of its ongoing effort with Pirum Systems to build a solution to address Securities Finance Transaction Regulation (SFTR) reporting requirements.
Before starting CardUp, I spent years in the payment industry where the goal of increasing credit card usage was set time and again. In Singapore, the average consumer has six different cards paired with plenty of loyalty perks, resulting in very little loyalty to a single card. I always thought about what could be done to increase spend on cards that would also be mutually beneficial to card networks, issuers and consumers.
Compuware Corporation, the world's leading mainframe-dedicated software company, is pleased to announce Day One support of IBM's new z/OS version 2.3 operating system.
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