Global SME Finance Forum 2019

The Convergence of the Real and Financial Sectors in SME Finance

SMEFF19-Partner BFA.png

The Netherlands | October 7-9, 2019

Increasingly, the largest and/or fastest growing SME financiers globally did not start out as banks. Whether from tech companies, logistics firms, commodities traders or even Fast-Moving Consumer Goods distributors, competition from the real sector is gaining traction in the SME segment. The real sector firms come into SME financing armed with substantial data resources and analytical skills. How is the traditional financial sector going to deal with this? Is it all threat, or is there also an opportunity from these new entrants? This year’s Global SME Finance Forum will examine the different ways in which the real sector has entered the SME finance space, and the various ways in which financiers and regulators are coping with the “new kids on the block.” Learn more about the Global SME Finance Forum 2019

BFA / FIBR members benefit from 25% discount. Use code SMEFF19Partner25

PAYGo NEXT: Powering Business with Predictive Insights and Automation

Powering PAYGo NEXT.png

Last week, our team was at the Global Off-Grid and Lighting Association (GOGLA) Annual General Meeting in Amsterdam. This is the member-facing off-grid solar industry event where we had the chance to present the PAYGo NEXT Innovation Gallery: Powering Business with Predictive Insights and Automation. Attendees had the chance to experience latest in applied machine learning to help solve the pressing problems that PAYGo businesses face today.

For the first time at GOGLA, PAYGo NEXT brought the practical power of AI to members hands with:

  1. Churn prediction models to help identify customers at risk and better target customers for repayment

  2. Robotic process automation (RPA) to streamline time-consuming backend processes and examples of chatbot for agents

  3. Geospatial maps to visualize potential markets for expansion using predictive analytics and public data sets

  4. An app for optimizing field operations for agents to reduce cash transfer risk

Learn more about BFA’s PAYGo AI applications by visiting FIBR.ai and read BFA’s work in PAYGo innovation and implementation with leading providers. View the presentation below of the various AI-powered business tools and applications that BFA has developed with PAYGo partners.

Banking Technology: Uganda to Prosper with Clean Energy from BrightLife

Photo credit: FINCA International / Alison Wright

Photo credit: FINCA International / Alison Wright

In an article entitled, “Uganda Hoping to Prosper with Clean Energy Initiative,” BrightLife President and CEO, Stefan Grundmann, spoke with Banking Technology about how clean energy and financial inclusion are coming together through an innovative new model.

See the article on pages 26-28 of the June 2019 issue of Banking Technology.

The Potential of PAYGo for Achieving Water and Sanitation for All (SDG 6)

poster-p-1-social-good-aqtap-water-atm-solution-1duutlf.jpg

To "ensure availability and sustainable management of water and sanitation for all (SDG 6)," water service providers need to innovate and adapt successful service models from other sectors. Launched on World Water Day, March 22, FIBR's PAYGo Water Brief explores how digital tools (e.g., smart meters and mobile payments) developed as part of PAYGo solar in East Africa can be combined with new business models to scale in-home water connections in pursuit of clean water for all.

This paper considers PAYGo models and minigrids in the energy sector to identify opportunities to research and test their application to the water sector. The paper also describes the Safe Water Network, a US-based not-for-profit organization that is testing sustainable water service delivery models in both India and Ghana.

Read Our PAYGo Blogs