Courses
Courses for lending executives
Short courses on credit, products, rules, infrastructure and the finance of a lending business in Southeast Asia. Each lesson is sourced from regulators, international organisations and research. Lesson 1 of every course is free to read.
Titles without a link are published in order, lesson by lesson.
Foundations for the region
Household finances: prices, rates and wages, and what borrowers can repayA borrower repays out of a household budget. This course explains the numbers that move that budget, prices, wages, interest rates and debt, where each marke…7 of 7 lessonsCentral banks and policy rates: how rates reach borrowersWhat central banks do, how they set a policy rate and make it hold in the market, how a change in that rate travels to the loan rates that households and fir…6 of 6 lessonsThe international financial institutions: IMF, World Bank, ADB and BISWhat the International Monetary Fund, the World Bank Group, the Asian Development Bank and the Bank for International Settlements are, who owns them, what ea…6 of 6 lessonsMonetary frameworks in ASEAN: rates, exchange rates and dollarisationSoutheast Asian economies anchor their money in different ways: with an inflation target and a policy rate, through the exchange rate, by tying the currency …5 of 5 lessonsWho writes the global rules: Basel Committee, FSB, FATF, IOSCOThe international bodies that write the standards behind banking, anti-money laundering, securities and payments rules, why their standards have no legal for…5 of 5 lessonsASEAN financial cooperation: ASEAN+3, CMIM, AMRO and payment linksHow the finance ministers and central bank governors of Southeast Asia, and of China, Japan and Korea, work together: the two tracks of cooperation, the regi…5 of 5 lessonsSoutheast Asia in the worldHow Southeast Asia compares with East Asia, South Asia, Europe, the Americas, the Middle East and Africa on income, finance, household debt and payments, usi…6 of 6 lessons
Credit and risk
Credit scoring, from first principlesWhat a credit score is, why lenders use one, how a scorecard is built and tested, and how to put one to work in a lending business. Ten lessons, with two int…10 of 10 lessonsCollections: from reminder to recoveryWhen a borrower falls behind, what a lender does next decides how much is lost and how the borrower is treated. This course explains how arrears are measured…8 of 8 lessonsAffordability: what a borrower can repayWhether a borrower will repay and whether the borrower can afford to repay are different questions. This course explains what affordability means, how income…6 of 6 lessonsCash-flow underwriting from bank and wallet statementsA bank or e-wallet statement shows the money a borrower actually receives and spends, month by month. This course explains what cash-flow underwriting is, ho…6 of 6 lessons
Building a lending business
Unit economics of a lending businessA lender's results are the sum of what each loan earns and costs. This course explains how to measure that, loan by loan: the yield actually earned, the cost…7 of 7 lessonsEmbedded finance for non-bank companiesRetailers, platforms, distributors and software companies increasingly offer payments, credit, insurance and savings inside their own products, often with a …8 of 8 lessons
Rules: the principles
Payments and data infrastructure
Data and AI
Finance of a lender
Inclusion and customers
Operations
Fintech and IT
Fintech business models in lending: embedded finance, BaaS and platformsWho faces the customer, who holds the licence, who funds the loan and who bears the loss: how fintech lending models divide the work of lending, and what eac…6 of 6 lessonsDigital bank licences in ASEANWhat a digital bank is, why several Southeast Asian regulators created a licence for it, what they ask of applicants, how phased entry works, and what the mo…5 of 5 lessonsHow a digital lending platform is builtThe parts of a digital lending platform and what each one does: onboarding and origination, the decision engine, the loan ledger, payments and collections, a…6 of 6 lessonsAPIs and system integration for lendersHow a lender's systems talk to each other and to the outside world: what an API is, how customers share their own data through open banking, how lenders conn…5 of 5 lessonsCloud for financial services: rules and responsibilitiesWhat cloud computing is, why banks and other lenders use it, and who answers for what once they do: how control is shared with the provider, how supervisors …5 of 5 lessonsCybersecurity and fraud for lenders: the principlesWhy lenders are targets, and how they govern and manage the risk: the shared vocabulary of cyber risk, the board's role and the frameworks supervisors refer …6 of 6 lessonsRegTech, SupTech and regulatory sandboxesHow technology changes the work of complying with rules and of supervising them: what RegTech and SupTech are and what they are used for, how lenders use tec…5 of 5 lessonsAI governance in financial servicesWhat artificial intelligence is used for in financial services and why it needs governance, the international principles for responsible AI, how model risk m…5 of 5 lessons