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Absa, Tigo and JUMO join forces to accelerate financial inclusion in Tanzania.
Fintech
JUMO is a South African mobile financial services platform for mobile network operators and banks. It facilitates digital financial services such as credit and savings in emerging markets by way of USSD short codes. JUMO has partnered with Absa Bank and Tigo in Tanzania to increase the availability of the existing short-term credit product Tigo...
SIDBI joins the SME Finance Forum to bring inclusive innovations in the MSME ecosystem.
Washington D.C., September 21st, 2021 - SIDBI joins the SME Finance Forum as the newest member of our global membership network. Our members are SME financing experts from 80+ countries who share the common goal of expanding access to finance to small businesses worldwide through knowledge exchange and innovation. “When we started in 2012, we were...
2021 Progress Report of APFF, APFIF and APIP - Regaining Momentum: Enabling Financial Services to Catalyze Inclusive, Innovative and Sustainable Recovery
Financial Inclusion
Sustainable Finance
Covid-19
With its wide-ranging economic impact, the COVID-19 pandemic posed an unprecedented challenge to governments and businesses all over the world. Vigorous responses from governments and central banks have succeeded in averting a major global crisis, but the pandemic and the responses to it have left various medium and long-term challenges in their...
social media card visa
Digital Financial Services
Payments
Washington D.C., September 14th, 2021 - Visa Inc. joins the SME Finance Forum as the newest member of our global membership network. Our members are SME financing experts from 80+ countries who share the common goal of expanding access to finance to small businesses worldwide through knowledge exchange and innovation. “The SME Finance Forum is a...
Fintech Group launched “Kapilink”, in partnership with 4thWave
Fintech
Fintech International Group , a leading enterprise technology solutions provider in Africa has announced their partnership with 4thWave, a Canada-based Finance and Banking As-A-Service Platform provider. Through this partnership, Fintech is launching Kapilink – an innovative Digital Platform that brings together lenders and businesses to...
Fintech and the digital transformation of financial services: implications for market structure and public policy
Digital Transformation
Fintech
Erik Feyen (World Bank), Jon Frost (Bank for International Settlements and Cambridge Centre for Alternative Finance), Leonardo Gambacorta (BIS and Centre for Economic Policy Research), Harish Natarajan (World Bank) and Matthew Saal (International Finance Corporation) have jointly published a paper about fintech and digital transformation. Economic...
Save the date for the 5th International MENA Guarantee Conference 2021 - Virtual Event
Guarantees
Credit Guarantees in MENA: Rebuilding SMEs post COVID - Virtual Event 5th International MENA Guarantee Conference 2021 – September 6 th to 7 th , 2021 - 2PM (Saudi Arabia) GMT+3 The COVID-19 pandemic hit Middle Eastern small business hard: survey data collected by the Rand Corporation during the first wave of the pandemic in June 2020 found that...
Enabling and evolving the postal ecosystem – Digital roundtable outputs paper
Digital Transformation
On 7 July 2021, Mastercard and the Universal Postal Union (UPU) held a series of convenings, focused on the digital transformation of the sector. During those roundtables, the following topics were discussed: How digital technology and collaborative business models are helping to transform the postal sector and creating new ways for posts to...
ICT news - Youth Ecopreneur Call for applications
Youth Entrepreneurship
International Trade Center (ITC) is the joint agency of the World Trade Organization and the United Nations. It is the only development agency that is fully dedicated to supporting the internationalization of SMEs. ITC is calling for applications on its Youth Ecopreneur Awards. The Youth Ecopreneur Awards are a green business award competition...
SME Lending – How data and tech can bring a surge for banks
Covid-19
Europe’s banks have a golden opportunity to boost lending to small and medium-sized enterprises (SMEs). In the midst of the pandemic, they are the conduits for billions in state funding to support this crucial segment of the economy. However cumbersome legacy IT systems and outdated risk profiling stand in the way. Agile new competitors are...