News

Accion Finance Joins 150 Other Financial Institutions to Promote SME Finance

Washington, D.C. November 6, 2018 Accion became the newest member of the SME Finance Forum, a global membership network that brings together financial institutions, technology companies, and development finance institutions to share knowledge, spur innovation, and promote the growth of SMEs. 

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Member News: CreditEase’s Key Fintech Investment NAV, Partners With Clover to Provide SMEs with Free Credit Scores
NAV a key fintech investments of SME Finance Forum member CreditEase has entered into a multi-year partnership with Clover, to provide free business credit scores, custom-tailored business financing and credit card options to U.S. based Clover users. According to the article, this partnership will provide 75,000 Clover customers to: View Experian...
First Look at the Global SME Finance Forum 2018 Marketplace
The Global SME Finance Forum 2018 will explore how innovation in technology, regulation and partnerships can help overcome various informality problems, and open up a far larger market for profitable, sustainable, responsible financial services. The Marketplace, an exclusive opportunity for B2B introductory meetings, had over 100 participants at...
Member News: Standard Chartered to Jointly Launch a Trade Finance Platform
According to Reuters , Hong Kong’s banking regulator and seven banks, including SME Finance Forum member Standard Chartered PLC said they will jointly launch a trade finance platform in September using blockchain technology. Reuters says the platform will be one of the largest examples globally of a government-led, cross-bank effort to reform the...
Fintechs Wanted: Invitation to the Fintech Marketplace at the MFC-EMN Annual Conference
Fintech companies and tech providers working in the field of innovative solutions for financial institutions are invited to participate in the Fintech Marketplace during the MFC-EMN Annual Conference . The Fintech Marketplace will provide an opportunity to present its business and services and facilitate networking with financial institutions,...
Global SME Finance Forum 2018 - Meet Our Study Visit Hosts
Join the Global SME Finance Forum 2018 on November 5 to access study visits to financial institutions and fintechs that have best in class, innovative ways of serving SMEs clients. The conference will showcase unique perspectives of industry leaders, rich experiences of successful practitioners, and the impactful financial innovations that...
Mastercard Labs for Financial Inclusion Hosts Study Tour at Africa SME Finance Forum
The Africa SME Finance Forum 2018 provided more than 140 participants access to seven study visits to financial institutions and fintechs that have best in class, innovative ways of serving SMEs clients. The study tour took place in Nairobi, Kenya on May 14. One of the visits was to the Mastercard Labs for Financial Inclusion, which is one of...
First look at the Africa SME Finance Forum 2018 Marketplace
The Africa SME Finance Forum 2018 will examine the key challenges faced by MSMEs in Africa, and explore innovative local and global best practice solutions to promote youth entrepreneurship and enhance access to financing for MSMEs. The Marketplace, an exclusive opportunity for B2B introductory meetings, had over 100 participants at the Global SME...
SME Credit Program for Women
With support from FSD Africa, Women’s World Banking partnered with Malawi’s NBS Bank to design and implement a credit program for SMEs with a focus on women-owned businesses. The three institutions provided a guide to assist financial providers looking to serve women-owned SMEs with sustainable loans. A few of the topics covered include how to...
Member News: Raiffeisen chooses iGTB to provide digital trade finance platform
iGTB, the Global Transaction Banking division of Intellect Design Arena Ltd, five Austrian Raiffeisen Regional Banks and Raiffeisen Bank International (RBI), a leading banking group in Austria and Central and Eastern Europe, have agreed a contract to implement a comprehensive digital trade finance platform. The deal includes provision of both an...
No Credit History? No Problem. Lenders Are Looking at Your Phone Data
Financial institutions, overcoming some initial trepidation about privacy, are increasingly gauging consumers’ creditworthiness by using phone-company data on mobile calling patterns and locations. The practice is tantalizing for lenders because it could help them reach some of the 2 billion people who don’t have bank accounts. On the other hand,...