All posts tagged "Credit Scoring"
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44AML / KYCOJK to Require P2P Lenders to Report Transactions From 1 April
The move is aimed at preventing the P2P lenders from being used for money laundering and terrorism financing, said OJK Deputy Director Munawar.
February 24, 2021 -
129AML / KYCKorea: FSC Financial Sector Focus to Include Risk, Competition, Innovation
The FSC's 2021 policy agenda for the financial sector will include measures to bolster risk management while also strengthening competitiveness and facilitating digital innovation.
February 8, 2021 -
1.9KFintech / RegtechFSC Korea Kicks Off Working Group on Artificial Intelligence
The working group will seek to promote the use of artificial intelligence in financial services as part of the government’s ‘New Deal’ policy initiative.
July 17, 2020 -
656Fintech / Regtech
FSC Korea Outlines Key Policy Tasks for H2 2020
The measures include continued support for businesses and individuals, with some focus being diverted back to pre-Covid policy work to support innovation and data-driven initiatives.
June 15, 2020 -
1.5KBig PictureBanking Regulation, Innovation Responsible for Shadow Bank Growth
Regulatory burden on banks and technological improvements are likely the two most important factors behind shadow bank growth, a new paper says.
April 30, 2020 -
675KoreaFSC Korea Authorises KODIT to Develop New Credit Scoring System
The new system will use non-financial and transaction information of SMEs and small merchants to generate credit scores, improving their ability to obtain financing and credit guarantees.
March 20, 2020 -
993Fintech / Regtech
FSC Korea to Enhance Support for Innovative Startups, SMEs
The policy plan includes support for 1,000+ innovative companies, a new business credit scoring system, a per-industry collective credit guarantee scheme, and the introduction of non-recourse factoring.
February 28, 2020 -
955Feature
S. Korea Passes Bills Enabling Commercialisation of Data
The bills allow the commercial use of unidentified individuals without seeking their consent. A new data exchange will be launched in March.
January 13, 2020 -
557ChinaChina Seeks ‘Bad Bank’ AMCs’ Help to Resolve P2P Crisis
The government is asking the 4 state-owned asset managers set up in 1999 to repair bank balance sheets for help with custody, liquidation and restructuring of P2P assets.
August 20, 2018 -
392ChinaChina Launches Online Credit Scoring Service
Baihang Credit Scoring granted three-year licence to provide personal credit information services online.
February 25, 2018
