Publications

The OCC and Fintech, Ready for Innovation and Collaboration

The Office of the Comptroller of the Currency (OCC) is now accepting applications for national bank charters from fintech companies active in the “business of banking.” The company must engage in the following:

Publications

Publications

Scaling Up Affordable Lending: Inclusive Credit Scoring
The vision of affordable lenders is that everyone should have access to affordable and appropriate credit, delivered in a fair, respectful and responsible way. Affordable lenders are typically social purpose lenders, such as responsible finance providers and credit unions. A known barrier to financial inclusion is the credit scoring approaches...
South African SMME Access to Finance Report 2018
The report analyses a unique data set, provided by Finfind, of SMME funders and SMMEs seeking finance. It was sponsored by the SA SME Fund and identifies access to finances challenges, gaps and potential solutions. The Finfind 2017 cleaned data sample of 11 033 SMME funding requests is larger than the South African GEM report and is one of the...
Report: What SMEs Can Expect in 2018
A report by Wylde International indicated that about 68 percent of SMEs in Kenya lacked access to finance due to interest rates capping. This cap was the second largest problem SMEs faced in 2017. “Only 14 percent of SMEs increased revenue above 25 percent,” according to the report. Kenyan banks have turned to external funding to alleviate the...
EBA Report on the Impact of FinTech on Incumbent Credit Institutions' Business Models
The European Banking Authority (EBA) published the first products of its FinTech Roadmap, namely (i) a thematic report on the impact of FinTech on incumbent credit institutions' business models and (ii) a thematic report on the prudential risks and opportunities arising for institutions from FinTech. Both reports fall under the wider context of...
EBA Report on the Prudential Risks and Opportunities Arising for Institutions from FinTech
The European Banking Authority (EBA) published the first products of its FinTech Roadmap, namely (i) a thematic report on the impact of FinTech on incumbent credit institutions' business models and (ii) a thematic report on the prudential risks and opportunities arising for institutions from FinTech. Both reports fall under the wider context of...
Whitepaper: State of Alternative Credit Data
Today’s lenders are increasingly considering alternative credit data sources to fuel better decisions and gain a more holistic view of the consumer. But what supplemental data should be used? How can a financial institution find the right data to expand their lending universe, and at the same time mitigate risk? Explore this in-depth paper to...
Improving Access to Finance for SMEs through Credit Infrastructure Reforms
This report focuses on practices aimed at improving SMEs access to finance in three areas—credit reporting, secured lending and insolvency. Each section uses data collected by the World Bank Group's Doing Business team to describe how various practices recommended by existing research have been implemented in economies across the world. The first...
EIF SME Access to Finance Index - June 2018 Update
This EIF Working Paper elaborates on the most recent update of the EIF SME Access to Finance (ESAF) Index, a composite indicator used to monitor SME external financing markets in the 28 EU countries. The current update, using latest available data, constitutes the fifth iteration of this exercise. The paper is used to provide some background...
The Decline in Access to Correspondent Banking Services in Emerging Markets: Trends, Impacts and Solutions
Global banks have been limiting correspondent banking relationships (CBRs) with local banks in emerging and developing economies – a practice referred to as “de-risking.” A new World Bank report – The Decline in Access to Correspondent Banking Services in Emerging Markets: Trends, Impacts and Solutions – examines what effect this trend has had on...
ABA Study: The State of Digital Lending
The ABA survey was conducted to review the digital lending landscape, specifically to gauge member interest in two different types of business models: Technology partnership—Implementing digital lending technologies to offer a digital customer experience to originate, underwrite to bank guidelines, and close small business and consumer loans...