Investment Plan for Europe – Additional EUR 800 million for SMEs as EIF and ProCredit double support for innovative companies
July 16th, 2019 – The European Investment Fund (EIF) and ProCredit Group are providing an additional EUR 800 million to innovative small and medium-sized companies (SMEs), bringing a total of EUR 1.62 billion to companies in eleven countries. The EI...
A hotbed for fintech activities
July 11th, 2019 – The millennial generation of Southeast Asia comprises of half of the region’s 644 million population. The region’s high internet penetration and growing middle class is driving the adoption of digital financial services. Howeve...
Blockchain Technology: Future Infrastructure for Financial Service Industry
July 4th, 2019 – Brandessence Market Research is working on a new report titled “Global Blockchain Market in Financial Service Industry: 2018-2024″. According to the BMRC analyst Blockchain Market in Financial Service is expected to grow at lucr...
How fintech is setting Southeast Asia’s SMEs free
June 13th, 2019 – Around 1.7 billion people globally are still unbanked – either having no proper savings or access to credit – according to the 2017 Global Findex Database. In Southeast Asia, only 27% of adults have formal bank accounts and...
Digital Disruption Is Coming For SMEs
June 24th, 2019 – According to new research by Ricoh South Africa, small and medium-sized businesses (SMEs) are in danger of failing if they don’t adapt to digital disruption, regulatory requirements and the economic shifts that are fundamenta...
The Global Economy: Heightened Tensions, Subdued Growth
June 4th, 2019 – The global economy has slowed to its lowest pace in three years. It is on track to stabilize, but its momentum is fragile and subject to substantial risks. International trade and investment have been weaker than expected at the sta...
IBM Blockchain targets SMEs with launch of tiered ‘pay-as-you-grow’ model
June 19th, 2019 – IBM has launched “Version 2” of its enterprise-blockchain platform, but beneath the technical innovations lies a much-changed pricing model. Until now, IBM offered a single “high value” blockchain service to enterprises at a pr...
Mexican entrepreneurship association partners with Facebook to support Latam startups
June 10th, 2019 – Latin American startups can anticipate accessing workshops as well as online courses following a collaboration between the Mexico Entrepreneur Association (ASEM) and Facebook. In Summary With the prominence of enterprises using Fac...
Major Banks Buy Into Blockchain-Based Trade Finance Allowing SMEs To Profit
May 15th, 2019 – Everyday produce from around the world is shipped and moved to the far corners of the globe for customers to buy with such ease that little thought is given to the inner workings of this trade industry. From French Champagne being p...
Visa sends blockchain-based B2B payments network live
June 12th, 2019 – Visa has announced the commercial launch of its cross-border payments network, Visa B2B Connect. According to the company, the network allows financial institutions to quickly and securely process high-value corporate cross-border ...
