Publications
Financial Inclusion
Digital Financial Services
Digital Transformation
Sep 25, 2023
Background: The India G20 Presidency has prioritized the development of an open, inclusive and responsible digital financial ecosystem based on the presence of a sound and effective digital public infrastructure (DPI) for the advancement of financial inclusion and productivity gains. Builds on the work and achievements from previous presidencies...
Financial Inclusion
Policy & Regulation
Data Analytics
Sep 25, 2023
Small and Medium-sized Enterprises (SMEs) play a vital role in the global economy, yet they often face challenges due to limited access to financing. To address this issue, we propose the implementation of Prosperity Data Networks (PDNs), a cutting-edge tool that leverages Artificial Intelligence (AI). PDNs are AI-powered, community-controlled and...
Financial Education
Sustainable Finance
Sep 25, 2023
To help financial institutions to translate sustainable finance principles to the operations they have with MSMEs, IFC Green Bond Technical Assistance Program (GB-TAP) has developed the Sustainable MSME Finance Reference Guide. This first-of-its-kind Guide sets out a practical approach for financial institutions in emerging markets on how to...
Financial Inclusion
Operational Risk
May 22, 2023
The EIF VC Survey and the EIF Private Equity Mid-Market Survey (the largest combined regular survey exercises among General Partners on a pan-European level) provide an opportunity to retrieve unique market insights. This publication is based on the results of the 2022 waves of these two surveys and examines how the Russian offensive war against...
Digital Financial Services
Apr 24, 2023
Strands, a CRIF company, and PwC launched a report with an in-depth analysis on how customer habits, Open Finance and new players entering the financial services arena are revolutionizing the Digital Banking context. The Digital Banking context is shifting, as new players are entering the financial services arena and threatening the position of...
Financial Inclusion
Policy & Regulation
Digital Financial Services
Fintech
Payments
Mar 13, 2023
The Roadmap for Enhancing Cross-border Payments is a priority initiative of the G20. Much has been accomplished during its first two years, including agreement on a set of outcome targets endorsed by the G20 in October 2021. The work in 2021 and 2022 has focused on establishing the foundational elements of the Roadmap and beginning to pivot from...
Financial Inclusion
Gender Finance
Digital Financial Services
Fintech
Mar 06, 2023
This paper examines the role of Fintech in financial inclusion. Using Global Findex data and emerging fintech indicators, it finds that Fintech has a higher positive correlation with digital financial inclusion than traditional measures of financial inclusion. In the second stage of their empirical investigation, the authors examine the key...
Financial Inclusion
Equity
Gender Finance
Policy & Regulation
Mar 01, 2023
This working paper examines the current academic literature on access to finance for female entrepreneurs and female-led enterprises. It covers two main financing markets: credit and venture capital (VC). The paper finds wide consensus in the academic field that gender-related credit and VC gaps exist in Europe. It also collects some of the most...
Financial Inclusion
Feb 13, 2023
The COVID-19 pandemic has accelerated digital financial inclusion with increased digital financial services. According to the 2021 Global Findex Database, global account ownership has increased from 51% of the world’s population in 2011 to 76% in 2021. Notwithstanding the gains, about 25% are still outside the formal financial system. More robust...
Fintech
Jan 17, 2023
Nearly 500 million micro and small enterprises (MSEs) are estimated to be operating around the world. Access to credit and other financial services is critical to the growth and sustainability of these businesses, and consequentially to the low-income and vulnerable populations which rely on MSEs for their livelihoods. Yet despite decades of...
Financial Education
Aug 13, 2022
The EIF Business Angels Survey, together with the EIF VC Survey and the EIF Private Equity Mid-Market Survey (the largest combined regular survey exercises among GPs and Business Angels on a pan-European level) provide an opportunity to retrieve unique market insights. This publication is based on the results of the 2021/22 EIF Business Angels...
Financial Inclusion
Payments
Jul 25, 2022
In the coming years, real-time payments are set to increase exponentially and by 2026, are forecasted to account for 26% of the total electronic payments. With certain growth ahead, governing bodies and payment regulators play a crucial role in advancing their country's payment systems to create an ecosystem that unlocks economic growth and...
Rural & Agriculture Finance
Mar 29, 2022
This report takes stock of the increasingly pluralistic landscape of agricultural small- and medium-sized enterprise (agri-SME) finance in sub-Saharan Africa and Southeast Asia, with the aim to establish a new perspective on the market overall - sizing and segmenting the market in new ways, reflecting on the rapidly accelerating imperative around...
Credit Risk & Scoring
Mar 24, 2022
Latest Banking Circle white paper examines pain points faced by banks and FinTechs as a result of de-risking strategies According to new research commissioned by Payments Bank, Banking Circle, big bank de-risking is significantly hampering the efforts of many Financial Institutions to deliver services that empower financial inclusion. The root...
Alternative Financing
Guarantees
Mar 01, 2022
Asset Finance is evolving rapidly, and many legacy systems are failing to keep up with the changing needs of providers and their customers. Read about: A comprehensive overhaul of contract management The connected contract management system (CMS) Better experiences, inside and out New standards of efficiency Download HPD Lendscape new white paper...
Fintech
Payments
Feb 22, 2022
The evolution of digital money is taking hold, as policymakers and central bankers explore the idea of government-backed assets on blockchain called Central Bank Digital Currency, or CBDCs. More than 90 countries are either researching or developing CBDCs. Many see the direct advantages for their citizens and economies: decreased dependence on...
Sustainable Finance
Governance
Feb 01, 2022
Blue Finance is an emerging area in Climate Finance with increased interest from investors, financial institutions, and issuers globally. It offers tremendous opportunities and helps address pressing challenges by contributing to economic growth, improved livelihood, and the health of marine ecosystems. The ocean economy is expected to double to $...
Equity
Jan 31, 2022
Saudi Venture Capital Company (SVC) is a Government VC established in 2018 by Monshaat as part of the Financial Sector Development Program (FSDP) to stimulate venture investments by investing in funds as well as co-investing with angel groups for the primary goal of minimizing financing gaps for startups and SMEs by investing SAR 2.8 Billion ($750...
Financial Education
Non Financial Services
Jan 27, 2022
As the world works towards food system transformation, the role of various stakeholders serving small farmers and agri-SMEs has gained increasing importance. The market of business development services (BDS) for agri-SMEs has grown significantly in the last decade, with more organizations providing technical, financial, and capacity-building...
Financial Inclusion
Data Analytics
Payments
Jan 27, 2022
Biometrics technology can enhance the convenience and security of digital payments, and many observers have pointed to the potential benefits of using it to advance financial inclusion. This paper analyses how, and under what conditions, biometrics can facilitate financial and digital inclusion for lower income and unbanked populations and...