Open data for SME finance paper

Industry News | 12/03/20

The Bank of England (BoE) has published a paper building on its response to the Future of Finance Report, where the BoE explored how the financial system might change over the next decade and proposed an Open Data Platform to boost access to finance for small and medium-sized enterprises (SMEs). The Open data for SME finance paper explains the proposal in more detail, and provides an update on what they have learnt from their research and industry engagement to date.