Articles

Consumer Protection in a Digital Age

The Smart Campaign launches new standards and guidance covering digital financial services, especially credit.

Articles

Articles

Bank towers in Toronto's financial district.Brent Lewin/Bloomberg files
P2P lending and fintech companies are subjected to strict regulations holding back the creative disruption of financial services. Article via Financial Post .
P2P: Why SME Debt Is A Must-Have For Any Investor Portfolio
The unmet SME financing needs have thus created an opportunity for the rise of alternative financing models, such as peer-to-peer lending platforms powered by fintech. Pooling private credit from accredited investors, money can be loaned to carefully screened SMEs, and the minimum buy-in is lower than typically needed for bonds sold at the private...
A Chinese flag flies in front of the People's Bank of China headquarters in Beijing, China. On Monday, the central bank said it is "almost ready" to release a digital currency that has been five years in development. Giulia Marchi—Bloomberg via Getty Images
"If you want to see the future of fintech, just go to China," said Edith Yeung, managing partner of Proof of Capital, a blockchain-focused investment firm at a breakfast roundtable Fortune hosted at its inaugural Brainstorm Finance conference earlier this year. She cited Alibaba-spinoff Ant Financial and Tencent's WeChat as paragons of digital...
Enabled by fintech, financial services are becoming a horizontal across the world. GETTY
Non-financial firms – from ecommerce distributors to healthcare providers – have myriad unique assets, notably a large customer base, unique insights, and crucially, trusted relationships. Capitalizing on these, non-financial companies can offer financial products and services to their customers. Article via Forbes
Illustration SCMP Graphics
Hong Kong’s first virtual banks are not expected to be operational for at least another month, but banking customers in the city are already reaping the benefits. For the first time in about two decades, eight of the special administrative region’s largest banks will no longer charge fees for failure to maintain a minimum monthly balance.
 4 Way to Propel Tech SMEs and Internet of Things in Latin America and the Caribbean
Tech Small and Medium Enterprises (SMEs) have a significant role to play in the IoT value chain by designing, integrating and adapting IoT solutions that respond to the realities, ecosystem and needs of the region.
Should Digital Financial Services Providers Prioritize Open APIs?
Do open APIs make sense for your company? Which ones? This blog outlines a structured approach, taken by a CGAP partner, which allowed the team to develop a deeper understanding of the API product’s value and requirements and to ultimately get the buy-in it needs to develop and release a successful product. By following a five-step process and...
Mastercard VP Shares How Partnering with Strands is Helping SMEs with Cash Flow Management
Jay Singer is Senior Vice President, Global Small Business Segment at Mastercard. In this role, he leads the global development and commercialization of the Mastercard innovative commercial products and solutions that serve small businesses. In an article, Singer speaks of how poor cash flow management is one of the top reasons small businesses...
Fintech for Women: Scaling the Financial Inclusion Pyramid in Egypt
In a bid to accelerate women’s financial inclusion in MENA, the region with the lowest female economic participation in the world , the DFID-funded Arab Women’s Enterprise Fund ( AWEF ) led a study to understand the scope for Digital Financial Services (DFS) in Egypt, map key constraints to women’s financial inclusion and identify opportunities to...
Open Banking’s Next Wave: Perspectives from Three Fintech CEOs
McKinsey reached out to the CEOs of three innovative fintechs—Ping Identity, Plaid, and Tink—for their perspectives on global prospects for open banking. While these firms address varying perceived pain points in financial services and pursue different business models, common themes emerged across the three interviews. The implications for banks...