External Resources

External Resources

The Disconnect Between Banks and SMEs in Digital Finance

The Disconnect Between Banks and SMEs in Digital Finance

According to the International Finance Corporation, small and medium-sized enterprises (SMEs) make up 99% of the 125 million companies in the world, and these SMEs contribute a staggering 49% of global GDP. The opportunities are huge for any bank willing to offer the fully digital, personalised service they are seeking. As the Fintech partner for banks, SME Finance Forum member Strands, wanted to better understand where the issues and opportunities lie for both sides of the equation. 

Data questions answered by SMEs in this white paper:
- What are your key digital banking/business finance needs?
- How well do you think your bank understands your financial and banking needs?
- Which of the following digital banking functionalities does your bank currently and plan to offer?

The definitive breakdown of how banks can bridge the gap, outdo the competition and gain the insight that being the bank of choice for SMEs brings.

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