The landscape of the global financial services industry has seen considerable changes over the past few years. The entrance of non-traditional financial institutions particularly Fintech and Big Tech has indisputably accelerated innovation in the financial sector and improved service offerings for consumers and SMEs. At the same time, they also make the industry ever more competitive, creating pressure and uncertainties for incumbents, the traditional financial institutions. What does this evolving landscape mean for SME finance?


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SME Banking: The Evolving Landscape


The landscape of the global financial services industry has seen considerable changes over the past few years. The entrance of non-traditional financial institutions particularly Fintech and Big Tech has indisputably accelerated innovation in the financial sector and improved service offerings for consumers and SMEs. At the same time, they also make the industry ever more competitive, creating pressure and uncertainties for incumbents, the traditional financial institutions. What does this evolving landscape mean for SME finance?


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