Systems of intelligence create the opportunity to capitalize on logarithmic increases in business data to deliver new services that are exactly tailored to individual corporate needs and delivered exactly at the time they are needed, transforming commerce forever.
Business lending is not working today
Credit is not flowing where we need it to, to the small and medium sized enterprises (SMEs) that drive innovation and employment.
Today, there is a global funding gap of £1.2tn, defined as the shortfall between the capital SMEs require to grow their businesses and what they receive in lending, and that gap continues to grow. Today, despite years of strong global economic growth, bank lending to the mid-market and small businesses is still less than half the level before the financial crisis.
Digitising processes won’t solve the issue
