The acceleration of digital banking during the COVID-19 crisis is changing the “face” of banking. How will this crisis transform the banking industry and how we...
COVID19 has significantly impacted micro, small, and medium businesses in India, and now more than ever it is important to address the growing need to upskill and adapt to the changing needs of the market. A recent discussion on women-led rural micro-enterprises was conducted by Badal Malick, Co-founder & Chief Business Officer, KarmaLife and...
A w ebinar summary. While many organizations are now shifting to digital frameworks due to COVID-19, some SME lending companies have already begun focusing their business models on building digital systems for data analytics that can dramatically expand lending capabilities. Data analytics in SME banking is a growing field that will become...
A virtual roundtable summary. As the COVID-19 crisis sheds light on problems with insurance and the healthcare industry, the specific impacts on small and medium enterprises have been notable and troublesome. Today, more than ever, the world has realized the importance of SMEs to local and global economies, and how imperative it is to support and...
A webinar summary. As the use of mobile financial services (MFS) grows as a tool for SME financing, MFS in sub-Saharan Africa have served as a prominent example of how innovative partnerships between banks and financial technologies can expand access to services and streamline SME lending. According to GSMA , West Africa is the second-largest...
A virtual roundtable summary. The Chinese word for "crisis" is composed of two Chinese characters. The first character means "danger" and the second "opportunity". Not a lot of organizations have been able to look at the COVID-19 crisis as an opportunity and thrive under the current circumstances. Nonetheless, some are indeed thriving and growing...
[SPANISH CONTENT] Si estudiamos la historia de las pandemias a nivel mundial, vemos que han generado impactos económicos de largo plazo cuya recuperación ha sido impredecible. La pandemia del COVID-19 se ha extendido a todos los continentes y América Latina y el Caribe no es la excepción. A nivel global, economistas, formuladores de políticas,...
June saw 85 responses from our membership, from 47 different countries – a great turnout from busy people! Many thanks to all who contributed! More members are reporting a decline in sales revenue than previously, and fewer members report increased revenue. The slightly better news is that fewer members are having trouble with wholesale funding,...
A virtual roundtable summary. As the COVID-19 pandemic continues, many banks and development finance institutions (DFIs) are exploring new ways to support MSME clients lacking business or marketplace access. For women-owned micro-businesses, which comprise some of the hardest-hit sectors, their needs in response to the crisis go beyond simply...
The COVID-19 pandemic crisis has had a profound impact on the US economy in a short space of time, with unemployment rising at a record rate and projections of a 5.2% contraction in GDP. Global lockdowns have introduced weaknesses in vital supply chains and a lack of liquidity has become a critical issue for businesses, as a result. Capital-...
A virtual roundtable summary. While all businesses have been impacted by the COVID-19 crisis, the impacts have been especially profound for SMEs and the institutions that support them. As these businesses are forced to close due to lockdowns, SMEs are looking to preserve their liquidity and respond to their immediate financial and operational...
