This Small Business Spotlight report by FinRegLab provides an overview of applied research based on data from six non-bank financial services providers, two of which are SME FInance Forum's members —Accion, Kabbage, Brigit, LendUp, Oportun, and Petal—that have begun using cash-flow variables and scores in a bid to increase the provision of credit to population
Washington D.C., September 12th, 2019.- SME Finance Forum is proud to bring the Global SME Finance Forum 2019 (SMEFF19)
Ecobank Nigeria said it has successfully removed over two million plastic bottles in exchange for cash from the streets of Lagos.
The campaign which started in May targeted to remove at least four million PET bottles from the environment was part of the bank’s environmental sustainability campaign.
The members of the SME Finance Forum now have access to a member-only portal available through our main website!
On that new space, members can explore exclusive content such as event proceedings, webinar write-ups, publications and blogs.
The intranet is the perfect space to explore more in-depth all the knowledge products we have compiled for our members: conference e-book, conference videos and write-ups as well as webinar recordings and presentations.
The SME Finance Forum LinkedIn provides an opportunity for financial experts to view the latest news, reports, data and discussions regarding the SME finance field. The group is comprised of more than 11,000 bank executives, investors, advisory service providers and financial technology experts, who share knowledge, spur innovation, and promote the growth of SMEs.
Businesses such as Amazon and Uber have created successful customer experience models. In this blog, the author shares his common denominators that the financial industry should pay close attention to
1. Be customer experience obsessed.
A study found that 68% of millennials have stopped doing business with a brand due to a single poor customer experience.
Europe’s digital gap with the world’s leaders is now being compounded by an emerging gap with the world’s leaders in its development and adoption of artificial intelligence (AI) technologies. Without faster and more comprehensive engagement in AI, that gap could widen. Europe may not need to compete head to head but rather in areas where it has an edge (such as in business-to-business [B2B] and advanced robotics) and continue to scale up one of the world’s largest bases of technology developers into a more connected Europe-wide web of AI-based innovation hubs.
In this whitepaper, Lendit Fintech explores the progression of open banking and the impact it will have on the financial competitive landscape. According to the study, open banking will restructure the industry in terms of business models and services created through collaboration.
Key elements discussed in the report include:
In recent years, there has been a renewed appreciation for the critical role SME-focused development banks play in the economies of many countries. Besides supplying much-needed capital to businesses during times of crisis and recession, development banks are increasingly supporting essential change.
SME Finance Forum member, Funding Circle partnered with top fintech reporting and analytics platform, dv01.
According to the article, the partnership will allow institutional investors who use dv01 to conduct analysis on marketplace lending and mortgage loans and bonds to access Funding Circle's US SME loan performance data on dv01. Investors will have around the clock access to updated loan level performance and composition details through Funding Circle’s data.
