Publications
Digital Financial Services
Apr 15, 2024
Financial makers discuss how to reimagine banking with embedded finance solutions that deliver financial services whenever and wherever they’re needed. A new generation of financial thinkers and makers is reimagining the conventional bank. Empowered by technology and a youthful hunger for change, they’re determined to make banking easier, more...
Governance
Data & Cybersecurity
Apr 15, 2024
The game-changer: How generative AI can transform the banking and financial sectors The most essential question of the moment: how can AI help address and course-correct banks’ productivity and financial performance? Following the astonishing rise of generative AI, artificial intelligence has seized the world’s attention. Executives are either...
Digital Transformation
Apr 15, 2024
Access to affordable finance poses a persistent challenge for micro, small, and medium-sized enterprises (MSMEs) worldwide, inhibiting their potential growth and the economic development of countries that are reliant on these businesses. The rise of the digital economy has opened up new pathways for financing, but has also made digital...
Fintech
Payments
Apr 15, 2024
Summary: - Regional focus: the report foretells a surge in interest from fintechs towards SMEs in Latin America by 2024. - Innovation opportunities: it highlights the potential for innovation within the industry and identifies key areas where solutions can reshape the fintech landscape to better serve SMEs. - Targeted countries: discover which...
Gender Finance
Fintech
Mar 21, 2024
Fintech and digital financial services have been considered a game-changer for women's financial inclusion and economic empowerment. Until now, there has been limited research that quantifies the degree to which fintech firms are actively addressing women's financial inclusion and the specific strategies that are showing success. To fill this gap...
Financial Education
Financial Inclusion
Fintech
Feb 14, 2024
This paper investigates strategies of European microfinance institutions (MFIs) and inclusive FinTech organisations to address financial and digital illiteracy among vulnerable customers. It reveals that both MFIs and FinTech organisations focus on personalised financial education, training and coaching but adopt distinct strategies in their...
Sustainable Finance
Fintech
Feb 12, 2024
Slowing economic growth, rising inflation, and climbing interest rates are straining the business models for inclusive fintechs, creating significant uncertainty and new funding challenges. For the past four years, the Inclusive Fintech 50 (IF50) global innovation competition identified and elevated cutting-edge, emerging inclusive fintechs...
Alternative Financing
Feb 02, 2024
Uplinq Financial Technologies , the first global credit decisioning support platform for small business lenders, announced the publication of “ Fair and Accessible Credit for Small Businesses: A Guidebook for Financial Institutions ,” a white paper that blueprints how banks and credit unions can leverage AI technology and alternative data to...
Digital Transformation
Jan 23, 2024
With the rapid advancements in computational power, the decades-long vision of using and deploying artificial intelligence (AI) has become a reality. The technology’s swift development has allowed it to transform every walk of life, as it is a wide-ranging tool that enables people to rethink how to analyze data, integrate information and use the...
Financial Inclusion
Dec 22, 2023
The Inclusive Finance India Report provides a comprehensive review of the progress of financial inclusion in the country, tracking performance, highlighting achievements, and flagging gaps and issues that need to be addressed at the levels of both policy and practice. It is a much-awaited annual reference document for policymakers, investors,...
Sustainable Finance
Dec 01, 2023
Switching to greener technologies in construction and operation of buildings and materials, combined with more climate-friendly capital markets, could reduce the construction value chain’s carbon footprint 23 percent by 2035, while creating investment opportunities in emerging markets, according to a major report from the International Finance...
Sustainable Finance
Policy & Regulation
Nov 22, 2023
Addressing the climate crisis requires the net zero transition of millions of SMEs globally. SMEs have a significant aggregate environmental footprint and need to adopt cleaner business models. As eco-entrepreneurs and eco-innovators, they also have a key role to play in devising innovative climate solutions. Access to finance is essential for SME...
Financial Education
Financial Inclusion
Gender Finance
Supply & Value Chain Finance
Digital Transformation
Nov 02, 2023
Digitizing the MSME ecosystem through e-commerce, the gig economy, and digital MSME business services has an impact on the digital-transformation of small businesses. These digital advancements have reshaped the landscape for MSMEs and enabled new opportunities for growth and expansion. The rise of digitally enabled new solutions for MSMEs, such...
Supply & Value Chain Finance
Nov 01, 2023
With over EUR 300 billion financed to SMEs as well as to larger corporates, the global factoring and receivables finance Industry is is providing much needed liquidity to the heart of the economy to support economic growth, export and employment. How does the industry evolve and adapt to challenges such as fraud, changing regulations and ESG...
Policy & Regulation
Nov 01, 2023
The Recommendation on SME financing was adopted by the OECD Council meeting at Ministerial level on 8 June 2023 on the proposal of the Committee on SMEs and Entrepreneurship (CSMEE). The Recommendation aims to support Adherents in their efforts to enhance SME access to a diverse range of financing instruments. It supports the development of...
Financial Inclusion
Governance
Oct 24, 2023
The "OECD Financing SMEs and Entrepreneurs Scoreboard: 2023 Highlights" document SME and entrepreneurship financing trends, conditions and policy developments. The report provides official data on SME financing in close to 50 countries, including indicators on debt, equity, asset-based finance and financing conditions. Data for 2021 are...
Sustainable Finance
Payments
Oct 16, 2023
The B20 , Business at OECD (BIAC) and the International Organisation of Employers (IOE) released a joint paper, underlining the need to raise business productivity by effectively addressing the private sector’s working capital requirements. Released in the margins of the B20 India Summit, the three leading private sector organizations recommend to...
Financial Inclusion
Digital Financial Services
Digital Transformation
Sep 25, 2023
Background: The India G20 Presidency has prioritized the development of an open, inclusive and responsible digital financial ecosystem based on the presence of a sound and effective digital public infrastructure (DPI) for the advancement of financial inclusion and productivity gains. Builds on the work and achievements from previous presidencies...
Financial Inclusion
Policy & Regulation
Data Analytics
Sep 25, 2023
Small and Medium-sized Enterprises (SMEs) play a vital role in the global economy, yet they often face challenges due to limited access to financing. To address this issue, we propose the implementation of Prosperity Data Networks (PDNs), a cutting-edge tool that leverages Artificial Intelligence (AI). PDNs are AI-powered, community-controlled and...
Financial Education
Sustainable Finance
Sep 25, 2023
To help financial institutions to translate sustainable finance principles to the operations they have with MSMEs, IFC Green Bond Technical Assistance Program (GB-TAP) has developed the Sustainable MSME Finance Reference Guide. This first-of-its-kind Guide sets out a practical approach for financial institutions in emerging markets on how to...