Read our recent news coverage of Madiston's Digital Lending software that has enabled the launch of Carilend's Instaloan in Trinidad & Tobago. This was the third Caribbean country to launch for Carilend, this one in partnership with Massy Finance. All Carilend's online lending services in Barbados, Jamaica and Trinidad & Tobago run on Madis...
Thanks to Sir Tim Berners-Lee we have the ability to talk face-to-face with vulnerable members of our families, without being near them. We have the ability to work with our colleagues, without being in the same room as them. And digital businesses have the ability to carry on working to keep the economy going through this temporary cri...
Finextra: Flexible payment options, including Point-of-Sale (POS) "Buy Now Pay Later" (BNPL) offers, are growing in popularity at a pace that regulators are struggling to match. The Woolard Review (a review of change and innovation in the unsecured credit market) noted that the value of BNPL transactions has nearly quadrupled during 2020. Acco...
Finextra: In our area of digital banking and lending, there is much talk about digital transformation and the future being in technologies such as AI, Machine Learning (ML), Cloud, CX, Open Banking, Big Data, etc. But anyone who has ever tried to arrange a house or office move, or simply communicate online with big institutions, banks, building soc...
Finextra: The answer to the question above is: "...as close to zero as practical!" Full disclosure: we are massive advocates of automation. If you have read our earlier posts in this series, you will know that we believe that automation is the route to profitable, sustainable digital lending businesses. The role of skilled people is to monitor exce...
Finextra: Is there any aspect of our lives that isn't wholly dependent upon trust? Our relationships with our partners, family, friends, colleagues, suppliers of our goods and services, medics, law makers, governments, world leaders - all fundamentally rely on trust. With it, those relationships can be successful and productive. W...
Finextra: Consider the positives in the way that we do things, against the background of the current pandemic. For the sake of us all, it's important to try to keep things going, learn and make all the positive moves for improvement that we can during this lockdown.For most companies, the time to make radical changes is when business is quiet or de...
Finextra: Most of us have never experienced times like these before but, while the medics deal with the health crisis, we - the financial services and FinTech sectors - have a crucial role to play in minimising the economic impact. To keep the economy moving, we have to keep working. Those set up to run their businesses remotely online can continue...