Asia's loan-app beat
4 articles
Malaysia's new consumer-credit regulator splits authorisation in two: BNPL and leasing firms need a licence, while debt collection agencies only register. For borrowers, the lighter regime sits on the riskier half of the transaction.
OJK gives an Indonesian borrower three ways to answer one question about a lending app. Assessed on what the list and the bot can confirm, and on the gap all three share.
Two lists the Reserve Bank publishes, answering two different questions about a loan app. Assessed on what each one can actually confirm, and on the gap a borrower falls into between them.
The Philippine regulator has replaced a five-year freeze on new online lending platforms with capital floors, a five-brand ceiling and a duty to register platform names — a shift from blocking entry to governing it.