Articles

Effective Risk Assessment Models and Alternative Data Proves Beneficial for Retail Lenders

Effective risk assessment is instrumental in the lending business. According to Medici, technology companies are creating risk assessment models with increasingly inclusive variables that are allowing lenders to reach the previously unbankable population.

Articles

Articles

Financial Products Created with Women In Mind
The largest untapped market in the world is women, according to Women’s World Banking. Financial institutions are failing to ensure their offerings work for women, however three elements with a gender-inclusive design can help counter this issue: Go beyond “gender-neutral” Segmenting by gender during the product design phase Developing the...
Digitization Could Hurt Relationship Between Banks and Venture Clients, Specifically Women
Approved bank loans to SMEs has decreased by 15 percent over the last 10 years, and roughly 60 percent of all ventures in need of external financing have reported difficulties in accessing financing for their investments, according to an article by the Harvard Business Review. Digitization is proving to have a negative effect on entrepreneurs,...
Widening Gender Gap May Affect The Future of Cryptocurrency
In the G7 Executive Talk Series briefing report, the critical role of women in the cryptocurrency sector is examined. According to the report, 95 percent of males are bitcoin users while on five percent are females. One key element explaining the cause of this imbalance is due to the psychological theory that men take more risks than women,...
How India’s Small Finance Banks Aim to Take Financial Inclusion to the Next Level
India has lended to hundreds throughout the unbanked community and is the largest microfinance market in the world, according to Next Billion. Microfinance in India has its pros and cons. It’s able to reach customers that mainstream financial institutions fail to notice, but it also lacks adequate regulation, making it dangerous for borrowers. The...
Will the Promotion of Arab Women as Entrepreneurs Make a Difference?
One in three start-ups in the Arab World is led by women—a higher rate than in Silicon Valley, according to an IFC article. Improving access to finance and promoting digital platforms are key to helping them succeed. The article says that many entrepreneurs from the region believe that technology is one of the few spaces where everything is viewed...
Women Entrepreneurs in Vietnam Get a Fair Shot with Financing
Commercial Joint Stock Bank (VP Bank) invested in Ho Thi Hai Ngan, a woman entrepreneur looking to expand her electronics shop. With capital as one of the larger challenges faced by SMEs, women are challenged at a much larger rate when “lender biases,” according to the article, are being added to the picture. VP Bank decided to be the change and...
Women Leaders, Women Lenders
Women have been an integral part of microfinance since the very beginning. But though the percentage of women in top leadership positions in microfinance institutions is high compared to the rest of the global banking sector, it’s still lower than women’s proportion of the overall population – and far lower than the percentage of female clients...
Member News: Industry Partner GBA for Women Features Diamond Bank's Digital Innovation
Industry Partner GBA for Women says that digital solutions for product distribution are rapidly increasing banks’ ability to reach the unbanked – a segment disproportionately made up of women. During the recent All-Stars Academy in South Africa, GBA heard from two of its members who are making huge strides in this area: Diamond Bank of Nigeria -...
Alitheia Capital's Tokunboh Ishmael Starts a Fund for Africa's Women Entrepreneurs
Startups founded by women receive less than 50 percent of investment funds than those founded by men, even though women are achieving 10 percent higher profits, according to Boston Consultant Group. Tokunboh Ishmael, co-founder of Alitheia Identity, an investment management and advisory firm focused on channeling private equity investments into...
Nena Stoiljkovic on Women Entrpreneurship
IFC Vice President Nena Stoiljkovic was in Japan for the international conference "World Assembly for Women: WAW!" talked about support for women. Of IFC's many missions, supporting female entrepreneurs is very important. IFC has a network of around 800 local banks in developing countries, through which they offer support to make it easier for...