Articles

CreditEase CEO Ning Tang on How China’s Fintechs Serve the Underserved

CreditEase - an SME Finance Forum member - founder and CEO Ning Tang recently shared with Mckinsey his perspective on how fintech players, from both within and outside China, can capture the opportunity among small and midsize Chinese businesses and how artificial intelligence (AI) can help. The following commentary is adapted from that conversation.

Articles

Articles

Financial Inclusion for SMEs is at the Core of the Economy's Potential
Financial inclusions is one of the largest challenges SMEs face today. In part two of Dhaka Tribune’s “At the Core of Our Potential” series, banker, Tarique Afzal sheds light on why this area is restricted for SMEs. · Banks are more focused on urban-based lending · Banks are at times reluctant to delegate to rural branch levels · Lack of interest...
How Paypal Became Small Business Owner (and Industry Luminary) Jim Marous' Primary Bank
Jim Marous is co-publisher of The Financial Brand and publisher of the Digital Banking Report , a subscription-based publication that provides deep insights into the digitization of banking, with over 150 reports in the digital archive available to subscribers. As a small business owner, Jim Marous shares why PayPal became his primary financial...
Credit Card Business on the Decline
A Wall Street Journal (WSJ) analyst says that credit card lenders are feeling the pinch as loan losses and rewards expenses rise. Rising loan losses and increased rewards expenses are putting pressure on card lenders’ returns. The result is that one of the most profitable consumer-lending categories in recent years may become more of a middling...
Deputy Governor of Bank of Ghana Elsie Addo Awadzi Discusses Sustainable SME Finance in Ghana
Deputy Governor of Bank of Ghana (BoG) Elsie Addo Awadzi, recently shared her perspective on financial inclusion and the pillars of sustainable SME finance with the Alliance for Financial Inclusion (AFI) in Kuala Lumpur. She shares what her three key lessons are for the best way to make SME finance sustainable in Ghana, regulations role, how SME...
With a High Loan Approval Rate, Alternative Lenders Are Easing the Credit Burden on Small Businesses
MEDICI's Diwakar Mandal shares the factors of a strong economic growth, rising interest rates, and a growing digitization in the lending space by the emergence of alternative lenders that have been key drivers of growth in SME lending. He says, banks have traditionally been a custodian of customer relationships in the SME lending space. However,...
2 Months In To Open Banking: What’s Changed So Far?
Oscar Sala, VP of Product Strategy at Strands, Member of the Board of Mobey Forum and co-chair of their Open Banking Working Group, has extensive experience in digital transformation in retail and corporate banking, contributing in particular to the transformation of several companies within Grupo Caixabank, where he was instrumental in the...
India's Economic Survey 2017-18
The Economic Times review of the Economic Survey 2017-18 says that the amount of credit or loans disbursed by banks amounted to Rs 26,041 billion as on November 2017, but 82.6% of this was pocketed by large enterprises. For millions of SMEs in the country, banks only lent out 17.4 % of the total credit. Learn more about the survey and how MSME...
5 Expert Predictions for SME Banking in 2018
SME Finance Forum member Strands Finance asked SME Banking experts to share their predictions with them. Here’s a preview of what the best in Fintech have to say about the coming year in SME Finance Management. See responses from our very own Matthew Gamser and Minerva Kotei, as well as from members Strands and Mastercard.
Guga Stocco on Banking Innovation
Brazilian Guga Stocco is an advisor and board member of companies like B3, the biggest stock market in the world. He co-founded Domo Invest, a fund that raised R$ 100 million for investments in Internet and Fintech. Stocco was also responsible for the creation of the first fully digital bank in Brazil with more than 300,000 clients and projects...
How Financial Institutions Partner with Fintechs for Inclusion
Relationships between fintechs and financial institutions are more symbiotic than combative, especially for financial inclusion. They allow underserved populations to access products that are more convenient, less expensive and of higher quality. SME Finance Forum member Mambu says that they see that in their daily work with MFIs like Premier...