GPFI Report on Alternative Data Transforming SME Finance

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The world’s stock of digital data will double every two years through 2020, fueled by the phenomenal intersection of and growth in mobile, cloud, big data and electronic payments. This G20 report takes stock of the range of data, and the range of institutions using the data. It considers the opportunities alternative data presents to narrow the financing gap for SMEs. It also notes the new issues and potential risks raised by this massive increase and diversification of data supply to financial sector stability, and to consumer protection.