Innovations in Delivery Channels

Five Highlights from the Africa SME Finance Forum: Day 1

Through the first Africa SME Finance Forum, IFC, financial institutions and entrepreneurs are seeking to find solutions to close the $331 billion SME finance gap across the continent. The conference on May 15-16 explores local and global best practice SME banking solutions to harness digital technology, e-commerce and blockchain, to promote youth entrepreneurship and new SME banking models. Here are five highlights from Day 1 of the event.

Microfinance: Revolution or Footnote? Microfinance Over the Next Ten Years

In this webinar, CGAP explores important questions about the future of microfinance. Their invited speakers Ira Lieberman, Chairman and CEO of LIPAM International and Paul DiLeo, Founder and President of Grassroots Capital Management Corp, will discuss key takeaways from a two-day workshop held at Lehigh University’s Martindale Center with 34 leaders from the global microfinance community.

The discussion aims to answer the following questions:

Africa Tech Summit London 2018

Africa Tech Summit London provides unrivalled insight, networking and business opportunities for African and international tech leaders and investors who want to drive growth in Africa.

The third annual event will explore the latest trends, connect 250+ key stakeholders from across the continent through keynotes, breakout sessions and networking events.

Amsterdam Fintech Forum 2018

This is certainly not the first time that the banking sector has to deal with a wave of innovations. Previously we had ATMs, videotex, electronic payments and internet banking. And although not all of these innovations have been successful, they have accumulatively changed the face of banking.

SMEs: Smallish Misunderstood Enterprise Report

With many consumer markets saturated and fiercely competitive, where's your next frontier for growth? Adaptive Lab's, a consulting firm, research shows that UK's small and medium enterprises are an audience ripe for change. Dissatisfied, under-served and undervalued, they're looking for services to help them grow, and are willing to pay for it.

What can you do to win the hearts of the SME community, before your competitors do? The report discusses:

Report: Demystifying Digital Lending

Digital lending can be a powerful force for financial inclusion. Innovations in digital lending are enabling financial service providers (FSPs) to offer better products to more underserved clients in faster, more cost-efficient, and engaging ways. Governments are increasingly incentivizing the growth of digital lending models as a way to promote greater financial inclusion and extend high-quality financial services to underserved communities and businesses.

Fintech Lending to SMEs: Improving Transparency and Disclosure

The Australian Small Business and Family Enterprise Ombudsman (ASBFEO), FinTech Australia and theBankDoctor.org released a report on February 28, 2018, which outlines the steps taken by fintech lenders to increase transparency and disclosure.

The report, Fintech Lending to Small and Medium-Sized Enterprises: Improving Transparency and Disclosure, analyses the different approaches to disclosure across the fintech industry and makes recommendations on best practice and identifies commitments to action.

Items for action in the report include: