Library

Library

It’s Not About Millennials
SME Finance Forum member, Strands, shares why millennials are important in banking. In America, there are currently more than 80 million millennials, the oldest of which will turn 36 this year, and they are expected to generate 46% of all U.S. income by 2025. Apart from being powerful in numbers, they are the first completely digital generation...
Beyond Fintech: A Pragmatic Assessment Of Disruptive Potential In Financial Services
Outreach for the World Economic Forum’s fourth report involved over 150 interviews and 10 international workshop sessions, which encouraged collaborative dialogue to discuss insights and opportunities concerning fintech disruption within the financial services industry. Below are a few highlights from the report in relation to SMEs. New entrants...
MEDICI Powered By Let's Talk Payments
MEDICI is FinTech’s premier global knowledge database with 7,400+ FinTech company profiles, 200+ research items, 5,000+ insights from Let’s Talk Payments, and direct engagement. MEDICI is created, designed, and curated by a team of global FinTech experts who understand SME Finance Forums members’ need for global, contextual FinTech knowledge...
OMFIF Focus Podcast: Fintech and Financial inclusion
More than $2 billion people are unbanked, according to the World Bank Group. Major fintech innovations have improved financial inclusion over the past few years. In this podcast, three financial experts examine the role and impact of fintech on financial inclusion. Topics discussed include the rise of mobile money, improvements in consumer data...
China Development Bank Announces Agreement to Aid African SMEs
China's Development Bank and Absa, a subsidiary of Barclays Africa, concluded a $100 million Special Facility Agreement to fund SME in Africa. The money will benefit Barclays Bank’s existing and prospective SME clients across the continent, according to Absa. The funding may be increased in the future to assist with new funding opportunities...
Keri Gohman, President of Xero Americas on How the Financial Web Is Rewiring Small-Business Economy
Keri Gohman, the President of Xero Americas spoke to the role of collaborative work in the financial services industry, and why small business banking in the U.S. required stronger ties between the tech and banking community to rewire small-business economy. In Gohman’s current role, she leads team of individuals focused on transforming financial...
Mandatory Bank Referral Scheme has Delivered £4m to Small Businesses
More than 8,100 SMEs have been referred under the Alternative Business Funding (ABF), which means that less than 3 per cent of those rejected by the banks are finding funds elsewhere. Small businesses are a driving force in the UK economy, and £3.8m that has been arranged on their behalf under the bank referral scheme so far. In the beginning, the...
What Should Financial Institutions Do to Enhancing Access to Finance for Women Entrepreneurs
This blog characterizes women entrepreneurs and analyzes the ways they limit their own access to finance, as well as the limits placed by financial institutions. Offering a business case, the writers look at how financial institutions can leverage an under acknowledged success of women-own enterprises. Most women entrepreneurs rely on their own...
Mohammad Bin Rashid Fund Partners With Metis Consultancy To Support SMEs
The Mohammed Bin Rashid Fund (MBRF), a fund established by H.H. Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister and Ruler of Dubai to finance the UAE's youth and SME projects, has now set up a post-fund monitoring service for its portfolio companies. Appointing Metis Management Consultancy to carry out this special service...
Reforming Japan’s Credit Guarantee Program for Small and Medium-sized Enterprises
UESUGI Iichiro, Faculty Fellow at the Research Institute of Economy, Trade and Industry and Professor, Institute of Economic Research, Hitotsubashi University outlines the reform measures from Japan's credit guarantee program reform bill. dHe also discusses the challenges going forward. The first set of measures proposed by Iichiro are to make a...