Archive

Mass Affluent

A demographic for banking and financial companies, typically characterized as the top-end of the mass consumer market.

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Micro lending

A peer-to-peer lending model where small ticket loans are disbursed to MSMEs. This kind of lending model is popular in emerging economies, where access to traditional sources of credit is poor.

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Know Your Customer

A banking process where banks verify the identity of new customers through mobile numbers and government-issued ID.

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Insurtech

The broad spectrum of technologies powering the digitalization of insurance and development of new, digital-first insurance models.

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Incubator

Short-term programs targeted at early or very early-stage startups to help them develop a business model and a minimum viable product.

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Islamic Finance

Shariah-compliant financial services. Shariah is the religious Islamic law practiced by most Islamic countries in the Middle East.

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Islamic Banking

Shariah-compliant banking services. Shariah is the religious Islamic law practiced by most Islamic countries in the Middle East.

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Hawalah System

A money laundering system where money is transferred without the actual movement of money between the beneficiary and the recipient. Here, money is transferred through a network of informal agents.

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Halal Finance

Another term for Islamic finance.

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Go To Market Strategy

The strategy of launching a new product in the market and generating early sales.

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