External Resources

The State of Financial Inclusion in India

Medici examines the widening financial gap in India and their lack of push for institutional credit for consumers. With consumer debt to GDP at only 17 percent, India falls behind major economies of Asia Pacific.

Resources

External Resources

SMEs Lose On Average About $35,000 Per Cyber Attack, New Barclays Research Reveals
The research for Barclays by YouGov showed that almost half of SMEs surveyed (44 per cent) had been targeted by fraudsters, with approximately one in four (23 per cent) of those targeted having fallen victim. Barclays has launched a nationwide campaign to help small businesses tackle cybercrime and fraud, with new research suggesting that online...
The Global Findex Database 2017
The 2017 edition of the Global Findex includes updated indicators on access to and use of formal and informal financial services. And it adds new data on the use of financial technology (fintech), including the use of mobile phones and the internet to conduct financial transactions. Financial inclusion is on the rise globally. The 2017 Global...
Big Data
This Focus Note by Marissa Dean and the supported by the Mastercard Foundation summarizes how 30 leading organizations across Kenya and Tanzania are thinking about or actively using big data and analytics as they explore this space in digital finance. The findings are based on interviews with these organizations—which include banks, microfinance...
IMF Releases the 2017 Financial Access Survey, Tracking Access to Financial Services
The International Monetary Fund (IMF) released the results of the eighth annual Financial Access Survey (FAS). The FAS collects annual data on indicators tracking financial access—an important pillar of financial inclusion. It provides insights on the availability and use of financial products such as consumer and firm deposit accounts, loans, and...
2017: International Financial Inclusion Funding Data
The 2017 edition of CGAP’s annual Cross-Border Funder Survey reports funding commitments from the 23 largest international funders of financial inclusion, representing 80 percent of the full set of over 54 international funders and 73 percent of the global estimated funding commitments for financial inclusion in 2016. Major project themes in 2016...
Survey Finds 80 Percent of SMEs Value Trust Over Cost When Choosing a Technology Partner
The SAP Business Partnership Study shows that three out of four small and midsize enterprises (SMEs) see IT and technology vendors not just as an external resource but as vital to their business. More and more technology vendors are being used by business leaders for consultation (76 percent), for insight and advice (79 percent) and to anticipate...
Survey: UK SMEs Say Banks Haven’t Changed Since Financial Crisis
Twenty-four percent of UK SMEs believe that banks have failed to change the way they behave since the global financial crisis in 2008. The survey of UK SMEs from CivilisedBank, the new UK business bank with a Local Banker network, also reveals that over half (55%) of those surveyed believe that it is not a priority for banks to act in a ‘civilised...
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...