Tag: 新逍遥游论坛

Digital lending requires speed and simplicity to win battle with fintechs

first_img ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr The coronavirus pandemic has impacted every aspect of financial services, moving transactions to digital platforms, and forcing organizations to rethink back-office processes that have been in place for decades. While disruptive to ‘business as usual,’ this transformation has modernized outdated products, policies, and procedures while improving the customer experience.Leveraging new forms of data, advanced analytics, and modern technology, financial institutions of all sizes can reduce the cost of delivering products and services and serve a much more comprehensive array of consumers with innovative products and services. In no product area is this more evident than in digital lending.In a post-COVID world, financial institutions must deliver innovative credit options, on-demand, in an almost instantaneous manner (think POS microcredit offers). To accomplish this feat – which had previously only been offered by fintech firms – traditional financial institutions will need to rethink back-office processes that currently hinder the speed to deliver digital credit.The most significant opportunity to build a lending portfolio in the near future will be to move beyond the support of consumers buying cars, houses, vacations, and appliances to supporting everyday needs as people just want to make ends meet. This will require the rethinking of everything from an organization’s origination process, to credit checks, to the operation of approvals, focusing on being able to use data to reduce costs, improve speed and expand the potential marketplace. continue reading »last_img read more

Government call to ramp up sugar production bearing fruit but price remains high

first_imgThe Trade Ministry has granted permits to import over 683,000 tons of raw sugar, only 41 percent of which had arrived as of April 20.The ministry also granted permits for 50,000 tons of sugar imports to the State Logistics Agency (Bulog), which is responsible for securing domestic staple food stocks, as well as state firms PT Rajawali Nusantara Indonesia and PT Perusahaan Perdagangan Indonesia.“We realize, however, that with countries under lockdown, sugar supplies from overseas are also delayed,” said Suhanto.The Trade Ministry, therefore, is partnering with the National Police’s food task force to monitor sellers to prevent both hoarding and price gouging. Moreover, the ministry is planning to shorten the distribution channel for consumer sugar.The National Police’s Criminal Investigation Department (Bareskrim) chief Comr. Gen. Listyo Sigit Prabowo said firms found selling sugar above the price ceiling and engaged in hoarding and price gouging would face both administrative and criminal sanctions, including suspension of permits.“We have formed a team with the food task force to monitor the distribution,” said Trade Minsiter Agus Suparmanto, a National Awakening Party (PKB) politician. “Producers should distribute the sugar directly to modern retailers and traditional markets through their distributor partners.”Topics : Domestic sugar manufacturers have begun to ramp up production capacity in response to the government’s call to stabilize prices ahead of the Ramadan festivities as the COVID-19 pandemic has disrupted supplies, a top official has said.Ten refined sugar manufacturers have produced around 90,000 tons of consumer sugar out the 250,000-ton target from the government to overcome the domestic shortage that has led to soaring prices, said the Trade Ministry’s domestic trade director general Suhanto.Sugar currently trades at up to Rp 18,300 per kilogram in cities around Indonesia, 46 percent higher than President Joko “Jokowi” Widodo’s target of Rp 12,500 per kg. “But even the additional production has yet to lower prices,” Suhanto told reporters on the sidelines of an online briefing on Tuesday. “This is because this production cannot balance consumption.”Indonesians consume 230,000 tons of sugar per month, while domestic producers only produced 42,000 tons in March, with harvests delayed because of the prolonged dry season. The rest of domestic consumer sugar demand is met through imports with shipments of the key commodity disrupted by COVID-19 travel restrictions around the world.Prices of staple foods are key to supporting purchasing power in Indonesia’s economy, more than half of which is made up of consumer spending. The annual Ramadan and Idul Fitri festivities, from April 24 to May 25, is the peak season for consumer spending in Southeast Asia’s largest economy.“Make sure the distribution goes well so that provinces facing staple food deficits can source the supplies from provinces with a surplus,” Jokowi said in an online briefing on Tuesday. “The transportation of goods between provinces and islands should be free from any disruptions.”last_img read more

Carousel orders recruitment drive by promoting Littin to Digital lead

first_img Share StumbleUpon Share Codere secures €250m credit lifeline on aggressive interest rates  July 14, 2020 Codere records 10X losses seeking vital lifeline  May 28, 2020 Submit Optimised communications help Wiraya deliver 15% reactivation boost June 3, 2020 Related Articles Carousel Group has confirmed the promotion of Josh Littin to the position of Director of Digital. He will be tasked with overseeing the firm’s online growth and product development strategies.  Littin has served as Carousel’s Head of Product since 2018, becoming a key stakeholder in the launch and strategic development of the firm’s Sportsbetting.com and Racebook.com properties. Carousel confirmed that it will support Littin’s promotion by engaging in a recruitment drive to expand its product development team with ‘additional top talent’.Despite facing unprecedented COVID-19 challenges, Carousel management has announced that it will recruit a further 30 new employees to primarily support the development of its proprietary ‘Raven’ sports and igaming platform.Daniel Graetzer –Carousel GroupThe firm’s upcoming 2020 recruitment drive will focus on expanding Carousel product development and engineering talent within its Madrid HQ.Daniel Graetzer, Founder and CEO of Carousel Group, said: “Josh came highly recommended and has demonstrated his experience and leadership time and time again since joining the team as employee number five back in 2018.“We are a customer-obsessed business and product is at the centre of everything we do, and we believe Josh is the right person to lead our growth as we launch new brands and licences in 2020.” Operating since 2018, Carousel Group seeks to establish a portfolio of fast growth challenger brands operating within multiple regulated jurisdictions, targeting growth within Europe, LatAm and North American markets.Josh Littin, Director of Digital at Carousel Group, said: “I am delighted to have been promoted to such a prestigious role within the organisation and to be tasked with overseeing two great teams.“As we get ready for our next phase of growth, I look forward to working closely with both teams as we fine-tune our market-leading betting brands and products.”last_img read more