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FINTECH IN MALAYSIA AND P2P LENDING

Enjoy and learn something about "fintech" from our short video ..Thank You for Watching. -STID1103 COMPUTER APPLICATION IN MANAGEMENT (GROUP 12) -UNIVERSITI UTARA MALAYSIA

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P2P lending for investors 📝 📌 You can get better returns With any investment vehicle, there is risk involved. However, with P2P financing the investment risk usually comes with higher returns. This is because you can choose to invest in a number of businesses across different P2P lending platforms. Remember that you can study the borrowers you are thinking about investing with, which means you will have insights into their business plan and use of the money you will be lending them. 📌 Free to choose who you lend to This relates to the first point. Since you are able to learn more about these SMEs, you can choose to invest in a company that you truly believe in, or perhaps that speaks to a passion of yours. It gives more meaning to your investment. 📌 You won’t need a lot to start investing Some P2P lending platforms allow you to start investing from as little as RM100. This means you can start small, and then reinvest your returns once you see a positive growth trend in the company you are investing.

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Reasons of Bank Negara Malaysia give few license for the company to handle the Peer to Peer (P2P) for financial transaction 💡 Establish a framework which sets out policies and procedures to effectively and efficiently manage conflicts of interest including potential conflicts of interest which may arise in the course of the P2P to carrying out its functions such conflicts must be managed in a timely manner. 💡 To provide any financial assistance to investors to invest in investment nor or Islamic investment note executed or offered, on or through its platform y businesses or companies for a specified tenure with the expectation of a predetermined financial return. 💡 To have appropriate process and procedure to manage conflict or interest for investors and borrowers in order to help them to raise and lend funds in the right way of money service business.  Want to know more reason about it ? Check our latest post 💻 http://stid1103group12.blogspot.com/

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Disadvantages of Peer to Peer (P2P) lending 🔍 Potential Credit Risk 🔍 No FSCS Guarantee 🔍 Loan Requirements for Borrowers For details explanation visit our blog 💻 http://stid1103group12.blogspot.com/

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Benefits of Peer to Peer (P2P) Lending 📎 Easier Approval 📎 Fewer Fees 📎Saves Time 📎 Fairly Low Risk and Reliable 📎 Borrower Selection For explanation of this 5 benefits of P2P visit our blog 💻 http://stid1103group12.blogspot.com/  

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P2P lending basically works like this⤵ ◾Somebody who needs to borrow money goes to a company like Prosper or Lending Cluband applies for credit. ◾Once approved, the borrower is assigned to a risk category, which determines the interest rate of the loan(s) he or she receives. ◾Then, that loan is funded by an individual investor (or group of investors) who acts as the lender. For more details information check out our blog 💻 http://stid1103group12.blogspot.com/

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FinTech Infographic 📖📷 For more information check out our blog http://stid1103group12.blogspot.com/

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The pictures above shows that Top 10 FinTech Startup in Malaysia. The significance of Fintech in Malaysia continues to increase. Currently, the transactional value is US$7.207 billion per annum. This value is predicted to grow at 21.4 percent per annum up to 2021 when the transactional value will stand at US$15.540 billion. Digital payments dominate the Fintech industry in Malaysia. For the explanation about the pictures, visit our blog http://stid1103group12.blogspot.com/

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PEER TO PEER LENDING (P2P) What is P2P Lending ?? P2P Lending is a way for individuals or businesses to request funds from investors via a digital platform. The digital platform serves as the middleman or an intermediary between the requestor and the investor. For example, multiple investors then contribute their funds towards a request made by an SME. It essentially connects SMEs seeking financing to investors seeking attractive returns. For more information visit our blog http://stid1103group12.blogspot.com/

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FINTECH INFLUENCERS IN MALAYSIA

Aznan Abdul Aziz is the head of the Financial Technology Enabler Group (FTEG) in Bank Negara Malaysia. The group was established by the Central Bank in June 2016 to support innovations that will improve the quality, efficiency and accessibility of financial services in Malaysia. Since the inception of the FTEG it has introduced the Fintech Regulatory Sandbox and the group has also been actively engaging the fintech community through their regular Fintech Regulatory Bootcamp.

For more info about who is FinTech influencers in Malaysia check out our blog http://stid1103group12.blogspot.com/

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Blockchain is one of the example of Financial Technology. Blockchain technology creates a decentralised digital public record of transactions that is secure, anonymous, tamper proof & unchangeable. Instead of a bank, broker or other intermediary maintaining a private database of records, blockchain technology makes all records public .... Full article about example this information check out our blog http://stid1103group12.blogspot.com/

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For more about information check out our blog http://stid1103group12.blogspot.com/

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Fintech is continuing to evolve to meet user needs and industry demands. The following trends define today’s fintech landscape: »Collaborating for success »Tapping into blockchain »Automating the financial world »Creating a virtual landscape »Increasing security »Enhancing service on-demand Check out our website to know more about FinTech http://stid1103group12.blogspot.com/

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Sequel to the successful conduct of the Malaysia FinTech Expo 2018. This article was duly published on 6th March 2018.

Visit our blog now http://stid1103group12.blogspot.com/

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Do you guys familiar about Fintech? There are 5 things you need to know about fintech. 

For more details, please visit our blog at https://www.blogger.com/u/1/blogger.g…

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Hello guys, today we want to introduce to you guys about Financial Technology (FinTech). Do you guys familiar about Fintech? Here the information! For more details, please visit https://www.blogger.com/u/1/blogger.g…

Definition of Financial Technology (FinTech)

FinTech (financial technology) is anywhere technology is applied in financial services or used to help companies manage the financial aspects of their business, including new software and applications, processes and business models.

Once considered more of a back-end, data center processing platform, FinTech has in recent years come to be known as the basis for end-to-end processing of transactions over the Internet via cloud services. FinTech is not new. It's been around in one form or another virtually as long as financial services has. After the global financial crisis of 2008, however, FinTech has evolved to disrupt and reshape commerce, payments, investment, asset management, insurance, clearance and settlement of securities and even money itself with cryptocurrencies  such as Bitcoin.

In just a few short years, the companies that provide FinTech have defined the direction, shape, and pace of change across almost every financial services subsector, according to Deloitte Consulting.