External Resources

Survey: Chinese Tourist Increase Usage of Mobile Payments

Nielsen and Alipay jointly issued the 2017 Survey: Outbound Chinese Tourism and Consumption Trends, which details how Chinese tourists pay for products in services and their behaviors in making such decisions. Ninety-nine percent of Chinese respondents have the Alipay app installed on their phones.

Resources

External Resources

2017 SME Financing Survey
Findings from the second edition of the SME Financing Survey conducted by SPRING Singapore, revealed that about 13% of SMEs sought external financing in the past year and out of these, 90% that applied for debt financing1 were successful in their applications. The most commonly cited purpose by over 60% of SMEs that sought external financing2 in...
Q3 2017 SME Health Check Index
The Q3 2017 SME Health Check Index finds that: SME Health Check Index falls to lowest level since January 2014 - falling from 56.3 in Q2 of 2017 to 46.9 in Q3 Six out of eight Index measures have worsened in last quarter - employment, revenue, confidence and net business creation indicators are all down SME business costs increased by 2.5% this...
Will Cash Disappear?
The New York Times analyzes consulting firm Capgemini's estimate that electronic payments will grow about 10.9 percent a year between 2015 and 2020. Norway tops the list, with 99 percent of their adults having made a digital payment.Germany lands the second place at 96 percent, followed by the United States at 92 percent and Japan at 89 percent...
TD Bank Small Business Survey 2017
TD Bank conducted an online survey among small business owners whose annual revenue/sales is $1,000,000 or less. This April 2017 survey focuses on understanding business owner expectations, confidence, challenges and use of specific products. Considerations for expansion included adding new products or services is the top path for expanding the...
SME Test Benchmark 2017
EUROCHAMBRES assessed how the European Commission applied the SME test by analyzing 13 impact assessments (IAs) on legislative initiatives of relevance to SMEs, such as geo-blocking, posting of workers and insolvency, published in the period of July 2015 - January 2017. One of the main findings was despite the strong emphasis by the current...
The Disconnect Between Banks and SMEs in Digital Finance
According to the International Finance Corporation, small and medium-sized enterprises (SMEs) make up 99% of the 125 million companies in the world, and these SMEs contribute a staggering 49% of global GDP. The opportunities are huge for any bank willing to offer the fully digital, personalised service they are seeking. As the Fintech partner for...
OECD's Entrepreneurship at a Glance 2017
OECD's Entrepreneurship at a Glance 2017 report shares data on SMEs and market proximity and female entrepreneurship. In 2014 start-ups – firms less than two years old - accounted for around 20 percent or more of firms in most countries and for more than 30 percent in the United Kingdom, Hungary, Brazil, Israel and Poland. Start-ups nevertheless...
SME Lending Declines for 23rd Consecutive Quarter
For the 23rd consecutive quarter, SME lending decreased and is down 7.5% for the year, new Central Bank figures show. The Bank said credit to SMEs — considered to be 250 employees or less — declined by 0.8% over the quarter to €27.5bn in its latest report examining lending in the second quarter. The weighted average interest rate on new non-...
Jamaican business
The World Federation of Exchanges (WFE), jointly created a survey with the Milken Institute Center for Financial Markets a survey to compare how approaches to SME boards have varied across countries. The evidence-based research compiled data such as: Main reasons Indian SMEs list Did firms raise capital at time of listing? Use of IPO proceeds by...
Democratizing Globalization: How Small Businesses across America
PayPal conducted research in hopes give more small businesses to digital finance and inspire both owners and policymakers in supporting growth for SMEs in the U.S. This research found that SMEs PayPal users grew from 2015-2016 by 22.9 percent. Of these, less than five percent export. Women-owned small businesses grew and export at about 72 percent...