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Unlocking Financial Potential: OECD Webinar on FinTech for SMEs in the Digital Era

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OECD Webinar: FinTech for SMEs - Unlocking Financial Resources and Streamlining Operations in the Digital Era

Date: February 13th, 2024

Time: 15:30 to 17:30 CEST GMT +02:00 Convert

Join us as we explore how digital tools and FinTech innovations can elevate financial accessibility for Small and Medium Enterprises SMEs. Digital platforms offer a range of benefits, from simplified online payments management to enhanced credit evaluation processes that take advantage of real-time cash flow data. Moreover, they help address the collateralization challenges faced by SMEs through tlored financial products and facilitate targeted government and public institution financing initiatives specifically for this sector.

The webinar will highlight how open banking practices can increase SME access to financial services, enabling banking experiences and smoother financial operations.

In Panel 1, our esteemed panelists - comprising representatives from the government, industry leaders, and academia - will tackle the hurdles that prevent SMEs from effectively utilizing FinTech solutions. This includes information asymmetry, high transaction costs, and a lack of financial knowledge among SME owners. The discussion will cover government-led initiatives designed to bridge this gap by promoting fintech platforms that connect SMEs with FinTech services, implementing regulatory frameworks, and fostering digital financial literacy programs.

Panel 2 will delve into the transformative impact of technology on financial management for SMEs. It will examine how digital tools enhance cash flow management, business finance administration, payroll processes, and other facets of financial operations. The panel will also explore the role of an ecosystem comprised of financial advisors, consultants, and technology providers in supporting SMEs' financial management and digital transition efforts.

Please register here: ZOOM Meetinghttps:zoom.comwebinar

Theme: Digital Transformation - FinTech - 23 Jul, 2024

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