Library

Library

Member News: Fawry Adds Mobile Payments
The Financial Times features SME Finance Forum member Fawry. Ashraf Sabry, founder and chief executive officer of Fawry, the Egypt’s oldest and biggest electronic payments company, has ambitious plans that would see Egypt’s mostly unbanked population of 94 million people carry out a broad range of financial transactions on their mobile phones...
Small Businesses are Burying Their Heads in the Sand Over Cyber Security
A survey by Enterprise Nation says a fifth of small British companies say they still don't know how to protect themselves from potential online business risks. Released on behalf of domain firm Go Daddy, a quarter said they had experienced phishing emails and yet less than half (47%) said their website was on a secure platform. Retail was the...
Spotcap Has Now Provided €120 Million in SME Credit Lines
In three years, online lender Spotcap has issued more than €120 million in credit lines to small and medium-sized enterprises (SMEs). The fintech also raised an additional €22 million of funding from its existing investor network. It has now raised €100 million of investment since its launch in September 2014. Jens Woloszczak, Spotcap Founder and...
Beyond Fintech: Leveraging Blockchain for More Sustainable and Inclusive Supply Chains
Globalization has made supply chains significantly more complex, involving multiple players from around the world and a great deal of coordination. This increases the cost of operating these global networks—with goods and services channeled across emerging and advanced economies. In this brief publication, the author uses a case study for...
Credit Bureaus: Our Data Is Their Product
The recent Equifax data breach left many of us thinking about larger issues. “What value do the three big ratings bureaus, Equifax, Experian and TransUnion, provide today in our emerging digital economy? Not only do these agencies dangle the sword of Damocles over our creditworthiness, they each rely on nearly identical metrics to do so,” says...
Is Technology Enough to Plug the SME Financing Gap?
Technology is revolutionising trade finance while facilitating lending to small businesses by tech giants such as PayPal, Amazon and Alibaba. But is this enough to fill the $1500bn global trade finance gap? Stefania Palma from The Banker investigates.
Building an Inclusive Digital Payments Ecosystem: The Way Forward
This report by UN-based Better Than Cash Alliance, assesses Ghana’s progress to date, and sets out specific policy recommendations that can accelerate Ghana’s journey toward a more digital economy. The report draws on a fast-growing body of knowledge about success factors in similar markets. It also examines three areas of specific focus –...
Member News: Ecobank Adds Cardless Cash Withdrawal
As the vanguard of financial inclusion, Ecobank is striving to address the needs of the unbanked by transforming a mobile phone into an all-in-one bank account and payment/cash withdrawal tool. One such example is the innovative Xpress Cash functionality, which has been introduced as part of its upgraded mobile banking app. Xpress Cash allows...
Africa Could Leapfrog into Digital Finance Leadership
Africa presents the ideal environment in which to evolve a new cash and payments services architecture – by linking rapidly changing customer expectations with new technologies. This puts banks squarely at the center of mediating the creative clash of trends and technology, as Africa’s financial institutions harness disruption for innovation and...
Finding Innovation in An Incumbent – Claire Calmejane
David Brear interviews Claire Calmejane of Lloyds Banking Group for FinTech Insider. Claire is also a speaker for the Global SME Finance Forum 2017 in Berlin.