Publications

Credit Decisioning Engines in the Cloud

The global unbanked and underbanked market continues to grow exponentially each year, and will reach an estimated three billion individuals and over 250 micro, small and medium-sized enterprises (MSMEs) over the coming decade.

Publications

Publications

Exchanges Support the Growth of Small and Medium-Sized Enterprises? Lessons from India, South Africa, and Jamaica
The World Federation of Exchanges (WFE), jointly created a survey with the Milken Institute Center for Financial Markets to compare how approaches to SME boards have varied across countries. They conducted this evidenced-based research, believing that prior to, there was very little data at the country level that comprehensively examines the...
Fintech and Financial Services: Initial Considerations
Fintech and Financial Services: Initial Considerations ; SDN/17/05; June 19, 2017 From artificial intelligence to cryptography, “fintech” is accelerating change in the financial sector. This paper, prepared by an IMF staff team, sets out an economic framework to examine how fintech might impact the financial sector, from services to service...
Credit Decisioning Engines in the Cloud
The global unbanked and underbanked market continues to grow exponentially each year, and will reach an estimated three billion individuals and over 250 micro, small and medium-sized enterprises (MSMEs) over the coming decade. This segment of the banking industry has the potential to reach over $150bn, and both new and traditional banking entities...
The Potential of FinTech in Banking
This report analyzes why collaboration — not competition — will be the primary driver of disruption in the FinTech industry. Ernst & Young Global Limited (EY), a UK company, analyzed 45 major global banks revealing that while all banks are engaged with FinTechs one way or another, only around a quarter are extensively engaged due to barriers...
Mambu: Security In a Public Cloud
SME Finance Forum member Mambu released a white paper regarding its security practices for using the AWS Public Cloud. The company is offered as Software-as-a-Service and relies on public cloud infrastructure. Users can access Mambu either through a web application or APIs. The web application can be used on a desktop computer or tablet and mobile...
EIF European SME Finance
This European Investment Fund (EIF) analysis provides an overview of the main markets relevant to EIF, equity, guarantees, securitization, and microfinance. These main markets have been identified by the European Small Business Finance Outlook (ESBFO). Starting with a discussion of the general market environment for SME finance, analysts then look...
Report: SMEs Contribute to Financial Inclusion
Refugees’ economic participation in manufacturing sectors increased, especially in Eurlandia. High-skilled labor often included industry jargon and in 2016, SMEs incorporated assessments into their recruitment process to understand workers’ qualifications and background. When these SMEs designed and launched programs to support refugees, they saw...
blockchain governance
The World Economic Forum released a white paper titled “Realizing the Potential of Blockchain: A Multistakeholder Approach to the Stewardship of Blockchain and Cryptocurrencies” last month, which provides a structured analytical framework and taxonomy. The intended use for the survey is for industry, technical, governmental, civil society and...
FSB Release Report on FinTech Benefits, Risks
The Financial Stability Board (FSB) found that FinTech platforms account for an increasing share of credit provision, hence stating that policymakers must consider the opportunities and risks such activity brings. With ten areas identified, three have been priorities for international collaboration in a report published jointly with the Committee...
High level Principles on feedback given by banks on declined SME 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...