AASCTF Digital Solutions Brief: Digital Payment Solutions for Smart and Inclusive Cities Read more about AASCTF Digital Solutions Brief: Digital Payment Solutions for Smart and Inclusive Cities This brief sets out opportunities, benefits and prerequisites for pursuing digital payment solutions, with two use cases showcasing application of such approaches.
ASEAN Australia Smart Cities Webinar Series Part 9: Digital Payment Solutions for Smart and Inclusive Cities Read more about ASEAN Australia Smart Cities Webinar Series Part 9: Digital Payment Solutions for Smart and Inclusive Cities
Joint FSG-SAPF Webinar: Specialized Institutions to Facilitate SME Financing Read more about Joint FSG-SAPF Webinar: Specialized Institutions to Facilitate SME Financing via Zoom SME lending schemes in DMCs are designed to help promote their access to finance. SAPF and SDCC-FSG hosted a webinar on 25 February 2021 to discuss SME financing challenges and their effects, with a focus on the role of government-supported SME financing institutions such as the Industrial Bank of Korea and the U.S. Small Business Administration.
Alternative Credit Scoring Read more about Alternative Credit Scoring Are lending institutions seeing the full picture of their consumer? Does traditional credit report data tell the full story? Most lenders today are ignoring a wealth of alternative data by relying solely on traditional credit information to make decisions. Enter alternative credit data. With access to alternative credit data, such as alternative financial services, “consumer-permissioned” data, and more, lenders will gain a more complete view of their current and future customers and extend financial services to those that have traditionally not had access in the past.
Papua New Guinea: A Digital Access Tool to Promote Financial Inclusion Read more about Papua New Guinea: A Digital Access Tool to Promote Financial Inclusion ADB is developing a digital access tool in Papua New Guinea.
Philippines: Cloud Based Core Banking to Expand Reach of Banking Services Read more about Philippines: Cloud Based Core Banking to Expand Reach of Banking Services In June 2017, ADB and Cantilan Bank Inc. (CBI) signed an agreement to conduct a pilot study on cloud-based core banking technology. The pilot was supported by the central bank of the Philippines, the Bangko Sentral ng Pilipinas (BSP), which placed the pilot in a regulatory sandbox while related regulation and processes were updated. Oradian was engaged as service provider.
Georgia: Unlocking Innovations for Development through Digital Financial Services Read more about Georgia: Unlocking Innovations for Development through Digital Financial Services ADB is supporting a pilot project with Finca Bank Georgia to increase access to finance to rural SMEs and smallholder farmers through the digitization of the loan underwriting process in the field.