Publications

Alternative Data Transforming SME Finance

Digital finance, using alternative data, offers an extraordinary opportunity for expanding access to finance for small businesses.

Publications

Publications

High level Principles on feedback given by banks on declined credit applications
The majority of SME applications for credit are successful. In fact, close to 80 percent of all requests are approved. However, higher rates of growth can be achieved by helping those SMEs which have not been successful understand better what they can do to obtain financing. The EBF actively supports the initiative of strengthening feedback...
Pour la troisième édition de l’étude de la BEI sur le secteur bancaire en Afrique subsaharienne, les auteurs traitant de l’évolution de ce secteur dans chaque sous-région ont été invités à se pencher de manière inédite sur les services financiers numériques et les conditions nécessaires à leur éclosion et au renforcement de l'inclusion financière...
Best Practices for Effective Development of Fintech
The rapid evolution and development of Fintech is dramatically changing the face of the financial services industry, and offers the potential for increased productivity and efficiencies in the way financial services are delivered. It has also challenged policymakers worldwide as they develop regulatory responses that strike a balance between...
Alternative Data Transforming SME Finance
Digital finance, using alternative data, offers an extraordinary opportunity for expanding access to finance for small businesses. Every time small businesses and their customers use cloud-based services, conduct banking transactions, make or accept digital payments, browse the internet, use their mobile phones, engage in social media, buy or sell...
An Index of Regulatory Practices for Financial Inclusion in Latin America
The index assesses and compares the quality of regulations that influence financial inclusion in 8 Latin American countries. It defines three categories of regulatory practices: the enablers, which determine the overall quality of the financial environment; the promoters, which deal with specific market frictions; and the preventers which create...
The 2nd Americas Alternative Finance Industry Report
The Cambridge Centre for Alternative Finance at Cambridge Judge Business School and the Polsky Center for Entrepreneurship and Innovation at the University of Chicago jointly publish the 2017 Americas Alternative Finance Industry Report. The study shows the online alternative finance market continued to grow in the United States, Canada, Latin...
OECD Business and Finance Outlook 2017
The OECD Business and Finance Outlook is an annual publication that presents unique data and analysis that looks at what might affect and change, both favourably and unfavourably, tomorrow’s world of business, finance and investment.
Credit Guarantee Schemes for SME lending in Western Europe
Credit guarantee schemes (CGSs) are a commonly used response to address the consequences of market failures in the area of lending to SMEs, as guarantees reduce the risk of lenders and favour the provision of financing to viable businesses that are constrained in their access to finance. This report discusses the activity of CGSs in Western Europe...
The financial system and productive investment: new survey evidence
The Bank of England has undertaken an innovative new survey that collects data on business investment and financing decisions — the first of its kind in the United Kingdom. About two thirds of UK businesses deemed that their investment levels have been appropriate in recent years, but one third felt that their investment had been too low...
Identifying the Optimal DTI Definintion Through Analytics
The following white paper prepared by CRIF Lending Solutions will explore the main characteristics of three alternative ways the commonly used Debt to Income (DTI) measure can be calculated. The different versions are first described in terms of main characteristics and then analyzed in terms of risk prediction using portfolio data. The main goal...