SME Finance Forum member, IDLC Finance Ltd., has launched its first open end mutual fund named IDLC Balanced Fund. IDLC plan is to offer 10 innovative products such as venture capital and private equity and a similar one for small investors.
This report analyzes why collaboration — not competition — will be the primary driver of disruption in the FinTech industry. Ernst & Young Global Limited (EY), a UK company, analyzed 45 major global banks revealing that while all banks are engaged with FinTechs one way or another, only around a quarter are extensively engaged due to barriers to collaboration with FinTechs.
The SME Finance Forum’s study visits are an integral part of our peer learning opportunities and are offered exclusively to members. Whether members are looking to expand their SME lending, in the nascent stage of their SME lending, or just thinking about starting SME lending, the study visits offer the opportunity to learn best practices from highly respected peers.
Written history begins with a ledger, recording the deposits within a Sumerian temple granary. Three thousand years later, coins appeared nearly simultaneously in Anatolia, India and China, working so well that by the Song Dynasty, merchants - carrying coins in long strings around their midsections - invented paper money to avoid being crushed by their own riches.
The technology behind Bitcoin -- that electronic money almost nobody understands -- is finally on the verge of going mainstream. American Express (AXP), Bain Capital, Deloitte, Goldman Sachs (GS), MasterCard (MA), the New York Life Insurance Company, the New York Stock Exchange -- all of them have poured millions of dollars into Bitcoin firms recently.
The SME Finance Forum is hosting a two-session webinar series on Data Analytics. Increasingly, the use and analysis of data are critical for banks to improve efficiency, reduce risk, increase profitability, and retain customers. In these series, we will look at how banks and financial institutions can use big data and advanced analytics to make smarter decisions in SME banking.
Data Analytics Session #1: Using alternative data and new-gen analytics model for enabling SME lending in India
SME businesses are "under-banked" in Europe. Why do incumbent banks find it so hard to bank with SMEs? What are the risks?
The under-banked status of European SMEs creates niches of opportunities in the market. What are they? What are the opportunities?
Listen in this podcast three formidable hosts share their views from an SME challenger financial services perspective as well as from an eco-system view.
Eneo, a Cameroonian utility company, launched a prepaid service, a solution that “allows clients to tailor their consumption to their budget. The clients control their consumption thanks to an extended reloading offer available 24 hours a day". Eneo partnered with member Ecobank Cameroon, Orange Money, and AfrikPay, who are already operational.
Eneo, a Cameroonian utility company, launched a prepaid service, a solution that “allows clients to tailor their consumption to their budget. The clients control their consumption thanks to an extended reloading offer available 24 hours a day". Eneo partnered with member Ecobank Cameroon, Orange Money, and AfrikPay, who are already operational.
During the Global SME Finance Forum 2019, Gina Taylor, SVP and General Manager Business Financing of American Express talks about use of data and how they use the information to provide better value to their customers.
