Library
Digital Transformation
Nov 27, 2024
November 2024 Highlights Open finance is a financial innovation that facilitates customer-permissioned access to and use of customer data held by financial institutions to provide new and enhanced services and develop innovative business models. Open finance frameworks can spur innovation, improve competition, enhance customer empowerment, and...
Sustainable Finance
Nov 22, 2024
The Small and Medium Enterprise (SME) sector in Pakistan plays a pivotal role in the national economy, contributing approximately 40% to GDP and providing employment to millions. Despite its significance, the sector faces numerous challenges that hinder its growth and development. Key barriers include limited access to finance, complex...
Financial Education
Nov 19, 2024
10 Years of Leadership Excellence - Registration Now Open for the 2025 GABV Leadership Academy Dear GABV members, We are excited to announce the 10th edition of the GABV Leadership Academy —a milestone in shaping resilient leaders in values-based banking! Registrations are now open until 5 December 2024. This year’s programme, ' Resilience in the...
Digital Financial Services
Nov 14, 2024
IMF Releases the 2024 Financial Access Survey Results October 30, 2024 Washington, DC: The International Monetary Fund (IMF) released the results of the 2024 Financial Access Survey (FAS), marking the 15th anniversary of the FAS. The report “FAS: 2024 Highlights,” published along with the data release, summarizes the key trends on access to and...
Governance
Nov 11, 2024
Washington D.C, Nov 11, 2024 – Nepal Bankers’ Association , an Umbrella Organisation of all 'A' Class Commercial Banks of Nepal has joined the SME Finance Forum as the global membership network’s latest member. The 300+ members/affiliates of the Forum are SME financing experts operating in 190 countries who share the common goal of expanding...
Digital Transformation
Fintech
Nov 05, 2024
A follow-up series of Banking for small and medium enterprises by IBM Institute for Business Value Small and medium-sized enterprises (SMEs) form the backbone of the global economy, representing 90% of all firms, employing approximately 70% of the world’s workforce, and contributing 50% to global GDP.* Despite their significance, SMEs face many...
Financial Inclusion
Nov 01, 2024
Washington D.C, Nov 1, 2024 – 10x1000 Tech for Inclusion , an open and global learning platform has joined the SME Finance Forum as the global membership network’s latest member. The 300+ members/affiliates of the Forum are SME financing experts operating in 190 countries who share the common goal of expanding access to finance to small businesses...
Digital Transformation
Oct 29, 2024
A white paper outlining one of Mastercard's Point of View (POVs) on SMEs. Many entrepreneurs eventually outgrow their small business roots to become middle market firms. This fast-growing, resilient sector of the global economy, employing 50 to 250 employees, is responsible for a large portion of commercial spending — $24.2 trillion in B2B spend...
Sustainable Finance
Oct 20, 2024
As the world faces the urgent challenge of climate change, financial institutions, especially Public Development Banks (PDBs), are crucial in helping Small and Medium Enterprises (SMEs) transitioning to a low-carbon economy. This publication reviews the different solutions offered by 16 Public Development Banks (PDBs) to support the...
Fintech
Oct 20, 2024
October 2024 Highlights: Inclusive fintech startups are early-stage, venture-backed enterprises creating innovative credit products for microenterprises in emerging markets, which holds great promise for the future of microenterprise finance. In this note, we highlight strategies employed by fintech startups that benefit microenterprises via three...