CLPS Incorporation Announces New Generation of Loan Management System Development to Facilitate Digital Transformation for Banks
CLPS Incorporation (CLPS)
Company Research
Source: PR Newswire
HONG KONG, July 7, 2022 /PRNewswire/ -- CLPS Incorporation (the "Company" or "CLPS") (Nasdaq: CLPS), today announced the development of a new generation of loan management system (the "loan management system"), a product intended for small and medium-sized banking institutions. CLPS plans to launch the loan management system in Hong Kong and Southeast Asia region in 2023.Digital transformation is taking a toll on traditional banks in Hong Kong. In scenarios that are difficult for traditional banks to cover, virtual banks use their data and technology advantages to gain more clients. In response, traditional banks have increased their investments in utilizing innovative technologies to keep up with the online banking trend, particularly as people have started adjusting to the 'new normal' brought by the pandemic. A strategy such as this involves the adoption of new product designs and the gradual transformation of legacy system without affecting the operation as a whole, in order to me
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CLPS
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- CLPS Incorporation Reports Financial Results for the First Half of Fiscal Year 2024PR Newswire
CLPS
Sec Filings
- 4/8/24 - Form 20-F/A
- 3/5/24 - Form 6-K
- CLPS's page on the SEC website