Fintech and SME FinanceFintech and the Future of Finance Flagship Technical Note: Expanding Responsible Access
This technical note is structured in the following manner. Section two provides an overview of the main barriers and frictions that SMEs face to access finance. Section three explores how digitization is an enabler for SME finance and how different fintech solutions address these barriers. The finte...
Gespeichert in:
| Körperschaft: | |
|---|---|
| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Washington, D.C
The World Bank
2022
|
| Schriftenreihe: | Other Financial Sector Study
|
| Schlagworte: | |
| Online-Zugang: | Volltext |
| Zusammenfassung: | This technical note is structured in the following manner. Section two provides an overview of the main barriers and frictions that SMEs face to access finance. Section three explores how digitization is an enabler for SME finance and how different fintech solutions address these barriers. The fintech solutions analyzed include digital credit, asset-based lending, and equity products. Also examined are innovative products such as digital payments, credit risk assessment using alternative data, tokenized assets, and electronic invoicing. Market enablers such as e-commerce and open banking, and the digitization of business processes, which contribute to addressing the barriers and frictions to SME access to finance, are also highlighted. Section four analyzes how the providers of these fintech solutions for SMEs impact traditional banks, financial institutions, and implications on the financial market structure. This section also discusses the effects of the COVID-19 pandemic on the use of digital financial products for SMEs. Section five then addresses some of the key risks and challenges involved in the adoption of digital financial products and key market enablers. Finally, section six presents policy and regulatory recommendations to address the different challenges |
| Beschreibung: | 1 Online-Ressource |
| DOI: | 10.1596/37355 |
Internformat
MARC
| LEADER | 00000nmm a22000001c 4500 | ||
|---|---|---|---|
| 001 | BV049080450 | ||
| 003 | DE-604 | ||
| 007 | cr|uuu---uuuuu | ||
| 008 | 230731s2022 xxu|||| o||u| ||||||eng d | ||
| 024 | 7 | |a 10.1596/37355 |2 doi | |
| 035 | |a (ZDB-1-WBA)077917480 | ||
| 035 | |a (OCoLC)1392138947 | ||
| 035 | |a (DE-599)KEP077917480 | ||
| 040 | |a DE-604 |b ger |e rda | ||
| 041 | 0 | |a eng | |
| 044 | |a xxu |c XD-US | ||
| 049 | |a DE-12 |a DE-521 |a DE-573 |a DE-523 |a DE-Re13 |a DE-19 |a DE-355 |a DE-703 |a DE-91 |a DE-706 |a DE-29 |a DE-M347 |a DE-473 |a DE-824 |a DE-20 |a DE-739 |a DE-1043 |a DE-863 |a DE-862 | ||
| 110 | 2 | |a World Bank Group |e Verfasser |4 aut | |
| 245 | 1 | 0 | |a Fintech and SME FinanceFintech and the Future of Finance Flagship Technical Note |b Expanding Responsible Access |
| 264 | 1 | |a Washington, D.C |b The World Bank |c 2022 | |
| 300 | |a 1 Online-Ressource | ||
| 336 | |b txt |2 rdacontent | ||
| 337 | |b c |2 rdamedia | ||
| 338 | |b cr |2 rdacarrier | ||
| 490 | 0 | |a Other Financial Sector Study | |
| 520 | 3 | |a This technical note is structured in the following manner. Section two provides an overview of the main barriers and frictions that SMEs face to access finance. Section three explores how digitization is an enabler for SME finance and how different fintech solutions address these barriers. The fintech solutions analyzed include digital credit, asset-based lending, and equity products. Also examined are innovative products such as digital payments, credit risk assessment using alternative data, tokenized assets, and electronic invoicing. Market enablers such as e-commerce and open banking, and the digitization of business processes, which contribute to addressing the barriers and frictions to SME access to finance, are also highlighted. Section four analyzes how the providers of these fintech solutions for SMEs impact traditional banks, financial institutions, and implications on the financial market structure. This section also discusses the effects of the COVID-19 pandemic on the use of digital financial products for SMEs. Section five then addresses some of the key risks and challenges involved in the adoption of digital financial products and key market enablers. Finally, section six presents policy and regulatory recommendations to address the different challenges | |
| 650 | 4 | |a Digital Divide | |
| 650 | 4 | |a Finance and Financial Sector Development | |
| 650 | 4 | |a Financial Regulation and Supervision | |
| 650 | 4 | |a Information and Communication Technologies | |
| 650 | 4 | |a Private Sector Development | |
| 650 | 4 | |a Rural Development | |
| 650 | 4 | |a Securities Markets Policy and Regulation | |
| 856 | 4 | 0 | |u https://doi.org/10.1596/37355 |x Verlag |z kostenfrei |3 Volltext |
| 912 | |a ZDB-1-WBA | ||
| 943 | 1 | |a oai:aleph.bib-bvb.de:BVB01-034342341 | |
Datensatz im Suchindex
| _version_ | 1812671843031580672 |
|---|---|
| adam_text | |
| adam_txt | |
| any_adam_object | |
| any_adam_object_boolean | |
| author_corporate | World Bank Group |
| author_corporate_role | aut |
| author_facet | World Bank Group |
| author_sort | World Bank Group |
| building | Verbundindex |
| bvnumber | BV049080450 |
| collection | ZDB-1-WBA |
| ctrlnum | (ZDB-1-WBA)077917480 (OCoLC)1392138947 (DE-599)KEP077917480 |
| discipline | Wirtschaftswissenschaften |
| discipline_str_mv | Wirtschaftswissenschaften |
| doi_str_mv | 10.1596/37355 |
| format | Electronic eBook |
| fullrecord | <?xml version="1.0" encoding="UTF-8"?><collection xmlns="http://www.loc.gov/MARC21/slim"><record><leader>00000nmm a22000001c 4500</leader><controlfield tag="001">BV049080450</controlfield><controlfield tag="003">DE-604</controlfield><controlfield tag="007">cr|uuu---uuuuu</controlfield><controlfield tag="008">230731s2022 xxu|||| o||u| ||||||eng d</controlfield><datafield tag="024" ind1="7" ind2=" "><subfield code="a">10.1596/37355</subfield><subfield code="2">doi</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(ZDB-1-WBA)077917480</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(OCoLC)1392138947</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(DE-599)KEP077917480</subfield></datafield><datafield tag="040" ind1=" " ind2=" "><subfield code="a">DE-604</subfield><subfield code="b">ger</subfield><subfield code="e">rda</subfield></datafield><datafield tag="041" ind1="0" ind2=" "><subfield code="a">eng</subfield></datafield><datafield tag="044" ind1=" " ind2=" "><subfield code="a">xxu</subfield><subfield code="c">XD-US</subfield></datafield><datafield tag="049" ind1=" " ind2=" "><subfield code="a">DE-12</subfield><subfield code="a">DE-521</subfield><subfield code="a">DE-573</subfield><subfield code="a">DE-523</subfield><subfield code="a">DE-Re13</subfield><subfield code="a">DE-19</subfield><subfield code="a">DE-355</subfield><subfield code="a">DE-703</subfield><subfield code="a">DE-91</subfield><subfield code="a">DE-706</subfield><subfield code="a">DE-29</subfield><subfield code="a">DE-M347</subfield><subfield code="a">DE-473</subfield><subfield code="a">DE-824</subfield><subfield code="a">DE-20</subfield><subfield code="a">DE-739</subfield><subfield code="a">DE-1043</subfield><subfield code="a">DE-863</subfield><subfield code="a">DE-862</subfield></datafield><datafield tag="110" ind1="2" ind2=" "><subfield code="a">World Bank Group</subfield><subfield code="e">Verfasser</subfield><subfield code="4">aut</subfield></datafield><datafield tag="245" ind1="1" ind2="0"><subfield code="a">Fintech and SME FinanceFintech and the Future of Finance Flagship Technical Note</subfield><subfield code="b">Expanding Responsible Access</subfield></datafield><datafield tag="264" ind1=" " ind2="1"><subfield code="a">Washington, D.C</subfield><subfield code="b">The World Bank</subfield><subfield code="c">2022</subfield></datafield><datafield tag="300" ind1=" " ind2=" "><subfield code="a">1 Online-Ressource</subfield></datafield><datafield tag="336" ind1=" " ind2=" "><subfield code="b">txt</subfield><subfield code="2">rdacontent</subfield></datafield><datafield tag="337" ind1=" " ind2=" "><subfield code="b">c</subfield><subfield code="2">rdamedia</subfield></datafield><datafield tag="338" ind1=" " ind2=" "><subfield code="b">cr</subfield><subfield code="2">rdacarrier</subfield></datafield><datafield tag="490" ind1="0" ind2=" "><subfield code="a">Other Financial Sector Study</subfield></datafield><datafield tag="520" ind1="3" ind2=" "><subfield code="a">This technical note is structured in the following manner. Section two provides an overview of the main barriers and frictions that SMEs face to access finance. Section three explores how digitization is an enabler for SME finance and how different fintech solutions address these barriers. The fintech solutions analyzed include digital credit, asset-based lending, and equity products. Also examined are innovative products such as digital payments, credit risk assessment using alternative data, tokenized assets, and electronic invoicing. Market enablers such as e-commerce and open banking, and the digitization of business processes, which contribute to addressing the barriers and frictions to SME access to finance, are also highlighted. Section four analyzes how the providers of these fintech solutions for SMEs impact traditional banks, financial institutions, and implications on the financial market structure. This section also discusses the effects of the COVID-19 pandemic on the use of digital financial products for SMEs. Section five then addresses some of the key risks and challenges involved in the adoption of digital financial products and key market enablers. Finally, section six presents policy and regulatory recommendations to address the different challenges</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Digital Divide</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Finance and Financial Sector Development</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Financial Regulation and Supervision</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Information and Communication Technologies</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Private Sector Development</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Rural Development</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Securities Markets Policy and Regulation</subfield></datafield><datafield tag="856" ind1="4" ind2="0"><subfield code="u">https://doi.org/10.1596/37355</subfield><subfield code="x">Verlag</subfield><subfield code="z">kostenfrei</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">ZDB-1-WBA</subfield></datafield><datafield tag="943" ind1="1" ind2=" "><subfield code="a">oai:aleph.bib-bvb.de:BVB01-034342341</subfield></datafield></record></collection> |
| id | DE-604.BV049080450 |
| illustrated | Not Illustrated |
| index_date | 2024-07-03T22:27:57Z |
| indexdate | 2024-10-12T04:03:00Z |
| institution | BVB |
| language | English |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-034342341 |
| oclc_num | 1392138947 |
| open_access_boolean | 1 |
| owner | DE-12 DE-521 DE-573 DE-523 DE-Re13 DE-BY-UBR DE-19 DE-BY-UBM DE-355 DE-BY-UBR DE-703 DE-91 DE-BY-TUM DE-706 DE-29 DE-M347 DE-473 DE-BY-UBG DE-824 DE-20 DE-739 DE-1043 DE-863 DE-BY-FWS DE-862 DE-BY-FWS |
| owner_facet | DE-12 DE-521 DE-573 DE-523 DE-Re13 DE-BY-UBR DE-19 DE-BY-UBM DE-355 DE-BY-UBR DE-703 DE-91 DE-BY-TUM DE-706 DE-29 DE-M347 DE-473 DE-BY-UBG DE-824 DE-20 DE-739 DE-1043 DE-863 DE-BY-FWS DE-862 DE-BY-FWS |
| physical | 1 Online-Ressource |
| psigel | ZDB-1-WBA |
| publishDate | 2022 |
| publishDateSearch | 2022 |
| publishDateSort | 2022 |
| publisher | The World Bank |
| record_format | marc |
| series2 | Other Financial Sector Study |
| spellingShingle | Fintech and SME FinanceFintech and the Future of Finance Flagship Technical Note Expanding Responsible Access Digital Divide Finance and Financial Sector Development Financial Regulation and Supervision Information and Communication Technologies Private Sector Development Rural Development Securities Markets Policy and Regulation |
| title | Fintech and SME FinanceFintech and the Future of Finance Flagship Technical Note Expanding Responsible Access |
| title_auth | Fintech and SME FinanceFintech and the Future of Finance Flagship Technical Note Expanding Responsible Access |
| title_exact_search | Fintech and SME FinanceFintech and the Future of Finance Flagship Technical Note Expanding Responsible Access |
| title_exact_search_txtP | Fintech and SME FinanceFintech and the Future of Finance Flagship Technical Note Expanding Responsible Access |
| title_full | Fintech and SME FinanceFintech and the Future of Finance Flagship Technical Note Expanding Responsible Access |
| title_fullStr | Fintech and SME FinanceFintech and the Future of Finance Flagship Technical Note Expanding Responsible Access |
| title_full_unstemmed | Fintech and SME FinanceFintech and the Future of Finance Flagship Technical Note Expanding Responsible Access |
| title_short | Fintech and SME FinanceFintech and the Future of Finance Flagship Technical Note |
| title_sort | fintech and sme financefintech and the future of finance flagship technical note expanding responsible access |
| title_sub | Expanding Responsible Access |
| topic | Digital Divide Finance and Financial Sector Development Financial Regulation and Supervision Information and Communication Technologies Private Sector Development Rural Development Securities Markets Policy and Regulation |
| topic_facet | Digital Divide Finance and Financial Sector Development Financial Regulation and Supervision Information and Communication Technologies Private Sector Development Rural Development Securities Markets Policy and Regulation |
| url | https://doi.org/10.1596/37355 |
| work_keys_str_mv | AT worldbankgroup fintechandsmefinancefintechandthefutureoffinanceflagshiptechnicalnoteexpandingresponsibleaccess |