Publications

Digital Commerce and Youth Employment in Africa

The Mastercard Foundation in partnership with BFA released Digital Commerce and Youth Employment in Africa, new research that shows 80 million young people will benefit from the rise of digital commerce in Africa by 2030. These findings indicate that the digital commerce sector has the potential of disrupting the future of work on the continent.

Publications

Publications

Blockchain Fintech Confidential
The National Crowdfunding and Fintech Association of Canada (NCFA) and TODA Network have presented an inaugural pop-up digital magazine called "Blockchain Fintech Confidential." The magazine features the five missing necessities to move blockchain from .02 percent global penetration to the remaining 99.8 percent; Amazon, Alibaba, Walmart and...
Report: Digital Technologies for Mobilizing Sustainable Finance
Financing sustainable development and ensuring a resilient financial system are key current global challenges. However, a number of barriers limit the mobilization of such finance at scale. For example, the lack of disclosure of environmental and social information creates information asymmetries and increases search costs for sustainable...
Use of Alternative Data to Enhance Credit Reporting to Enable Access to Digital Financial Services by
Lack of credit data is one of the major obstacles to individuals and MSMEs financing in developing countries. Despite the insufficient credit data, MSMEs and individuals generate vast amounts of non-credit digitized data daily. MSMEs and individuals are leaving vast digital footprints and data trails on mobile and online payments platforms, social...
White Paper: Fostering Markets for SME Finance
In this study, the OECD Working Party on SMEs and Entrepreneurs (WPSMEE) examined a variety of barriers on the supply and demand side of finance markets that limit SMEs uptake of alternative financial instruments. The study also covers trends in policy measures to support the development of alternative finance instruments for SMEs. According the...
The Bank of the Future: The ABCs of Digital Disruption in Finance
The question for banks today is how do they become Digital Banking Superstars versus going the way of the dinosaurs. The future of finance is an ever increasingly converged ecosystem where consumer and small and medium enterprise (SME) financial services are provided by banks and by platform companies with roots in e-commerce and social media. For...
Member ACCIS Manifesto on Big Data and Fintech
Enrique Velasquez, the new ACCIS Secretary General, shared their manifesto on big data and fintech. His highlights are below: "These are our industry's key requests to policy-makers: Enforce ‘same services, same rules’ principle; Expand the credit data set: make more comprehensive credit data pools and data access available across the EU; Promote...
Psychometrics as a Tool to Improve Access to Credit
Small and medium enterprises (SMEs) often face greater credit constraints than large firms because they lack audited financial statements and other information about their operations, and as a result, financial institutions have difficulties assessing the risk of lending to them. The Entrepreneurial Finance Lab (EFL) has developed an alternative...
2016 Small Business Credit Survey: Report on Minority-Owned Firms
This report is the third in a series of reports based on the 2016 Small Business Credit Survey (SBCS), a national collaboration of the 12 Reserve Banks of the Federal Reserve System, offering unique insight into important, often underserved, segments of the small business population. Results show that minority-owned firms are discouraged (i.e.,...
Innovative Experiences in Access to Finance: Market-Friendly Roles for the Visible Hand?
Interest in access to finance and awareness of its importance have increased significantly since the early 2000s. Growing evidence suggests that lack of access to credit prevents many households and firms from financing high-return investment projects, which has an adverse effect on growth and poverty alleviation. Still, there are some major gaps...
Credit Decisioning Engines in the Cloud
The global unbanked and underbanked market continues to grow exponentially each year, and will reach an estimated three billion individuals and over 250 micro, small and medium-sized enterprises (MSMEs) over the coming decade. This segment of the banking industry has the potential to reach over $150bn, and both new and traditional banking entities...