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Digital Banking: Malaysia based Fintech Jirnexu to Work with Five Local Entities Seeking Virtual Bank License


Digital Banking: Malaysia based Fintech Jirnexu to Work with Five Local Entities Seeking Virtual Bank License
Malaysia-based Fintech firm
Jirnexu reveals that it has entered into partnership agreements with over five consortia as they apply for a virtual banking license.
They stated that with Jirnexu’s client base and a solid understanding of their financial requirements via RinggitPlus.com, the digital banking license seekers can develop a comprehensive portfolio to support their application during this selection period.
In order to improve Malaysia’s financial literacy rate, Jirnexu had introduced the financial comparison website RinggitPlus.com back in 2013.
RinggitPlus has created a credit scoring system, referred to as X-Score, by using its proprietary data from its digitally sourced credit card and personal loan documents. This scorecard should allow virtual banks to source clients confidently while taking into consideration their risk appetite. ....

Bank Negara Malaysia , Malaysia Based Fintech , Fintech Regulatory , Yuen Tuck , வங்கி நெகாரா மலேசியா , மலேசியா அடிப்படையிலானது ஃபிண்டெக் , ஃபிண்டெக் ஒழுங்குமுறை , ய்வெந் டக் ,

Digital Currency Will Boost Gov't Service Delivery, Financial Inclusion – Jamaica Information Service


The Bank of Jamaica (BOJ) anticipates that the introduction of a Central Bank Digital Currency (CBDC), slated for 2022, will serve to bolster government service delivery and boost financial inclusion for a greater number of Jamaicans.
Governor, Richard Byles, said that the challenges arising in relation to the deployment of funds to beneficiaries under the multibillion-dollar COVID-19 Allocation of Resources to Employees (CARE) Programme, highlights the need for the CBDC.
“The simple act of trying to get government support out to those who [were] most in need became very difficult, because many Jamaicans are not part of the financial network and also because a lot of the banking [arrangements are] still not digitised. I think that there is a greater need for financial inclusion and digitisation of the Jamaican economy, and that is one of the issues that we hope to rectify with the CBDC,” he said. ....

Richard Byles , Robert Stennett , Central Bank Digital Currency , Central Bank , Growth Inducement Programme , Currency Mint Incorporated , Planning Institute Of Jamaica , Economic Growth Forum , Planning Institute , Towards Long Term Resilience , Jamaica Governor , Deputy Governor , Fintech Regulatory , ரிச்சர்ட் பைல்கள் , ராபர்ட் ஸ்டென்னெட் , மைய வங்கி டிஜிட்டல் நாணய , மைய வங்கி , நாணய புதினா இணைக்கப்பட்டது , திட்டமிடல் நிறுவனம் ஆஃப் ஜமைக்கா , பொருளாதார வளர்ச்சி மன்றம் , திட்டமிடல் நிறுவனம் , ஜமைக்கா கவர்னர் , துணை கவர்னர் , ஃபிண்டெக் ஒழுங்குமுறை ,

Jamaica Central Bank to introduce digital currency next year


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KINGSTON – The Bank of Jamaica (BOJ) said it anticipates that the introduction of a Central Bank Digital Currency (CBDC), scheduled for next year, will serve to bolster government service delivery and boost financial inclusion for a greater number of Jamaicans.
BOJ governor Dr. Richard Byles said the challenges arising in relation to the deployment of funds to beneficiaries under the multibillion-dollar coronavirus (COVID-19) Allocation of Resources to Employees (CARE) programme, highlights the need for the CBDC.
“The simple act of trying to get government support out to those who [were] most in need became very difficult because many Jamaicans are not part of the financial network and also because a lot of the banking [arrangements are] still not digitised,” he said. ....

Richard Byles , Robert Stennett , Central Bank Digital Currency , Central Bank , Growth Inducement Programme , Currency Mint Incorporated , Jamaica Central Bank , Economic Growth Forum , Planning Institute , Long Term Resilience , Fintech Regulatory , ரிச்சர்ட் பைல்கள் , ராபர்ட் ஸ்டென்னெட் , மைய வங்கி டிஜிட்டல் நாணய , மைய வங்கி , நாணய புதினா இணைக்கப்பட்டது , ஜமைக்கா மைய வங்கி , பொருளாதார வளர்ச்சி மன்றம் , திட்டமிடல் நிறுவனம் , நீண்டது கால விரிதிறன் , ஃபிண்டெக் ஒழுங்குமுறை ,

Jamaica's central bank taps Irish tech outfit for CBDC project

Jamaica's central bank taps Irish tech outfit for CBDC project
cointelegraph.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cointelegraph.com Daily Mail and Mail on Sunday newspapers.

Kuroda Haruhiko , Eastern Caribbean Currency Union , Stock Exchange , Currency Mint , Fintech Regulatory , கிழக்கு கரீபியன் நாணய தொழிற்சங்கம் , ஸ்டாக் பரிமாற்றம் , நாணய புதினா , ஃபிண்டெக் ஒழுங்குமுறை ,