Credit Risk
CTOS Digital makes Indonesia and Philippines acquisitions as part of its ASEAN ambitions
Aims to create alternative data platform for ASEAN
Acquisitions align with vision of advancing financial inclusion in region
With 10mil consumers, 505k microSMEs, Boost looks beyond market share for growth
70% of merchants start applying for micro-financing, micro-insurance within a year
Aims to bring technology to its customers instead of trying to change their behavior
Financial industry’s investments in risk management growing: IDC
The global financial industry will spend US$6.57 billion on software and IT services for credit risk management in 2014, representing 17.9% of the total investments on all risk management software and services spending, according to IDC Financial Insights.
