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Regulate alternative financing

New non-banking players are increasingly becoming a source of credit for SMEs, and while this is a positive development, there is a need to review existing regulations, reports JOY LEE.

With the emergence of alternative financing for small and medium enterprises (SMEs), there is a need for regulators to review regulatory frameworks to enable small businesses to benefit from these new financing models, say panelists at a recent SME Finance Forum on Innovative Financing for SMEs.

APEC 2015: Technology key to developing SMEs

On Monday, December 8, experts agreed on the impact of big data in understanding and serving SMEs, emphasizing that while the cost of supporting SMEs used to be expensive, technology has made doing so much easier. Matthew Gamser, CEO of the SME Finance Forum, said infrastructure in the region will be worth $1 trillion, but said SMEs will be worth almost as much “if we can figure out how to serve it.” “What's changed is big data. Why is it important for SMEs?