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How to Become a Founding Member of the Libra Association
To be a validator node and founding member, organizations will need to meet technical requirements and specific evaluation criteria. If the conditions are met, upon approval, the Enterprise will have to make an initial minimum investment of $10 million worth of Libra Investment Tokens issued by the Association. Nonprofits will not be required to make the initial investment.
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- Finance
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Facebook Unveils Libra Cryptocurrency, Targeting 1.7 Billion Unbanked
Customers interested in holding or transferring Facebook’s newly-announced Libra token will be given a number of options to do so, the company announced Tuesday, with an initial focus on international remittances.
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- Finance
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How Gender Equality Can Help Build Sustainable Peace
Persuading private investors to back projects that advance gender equality calls for concerted efforts to show that empowering women could reduce risks and enhance overall outcomes, especially in creating sustainable peace in conflict-affected regions around the world.
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- Finance
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Singaporeans Can Now Pay for Their Ride With Go-Jek Using DBS Bank’s E-Wallet
Go-Jek has integrated DBS Bank's e-wallet into its platform to drive cashless mobile payments for consumers in Singapore.
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- Finance, Technology
- Region
- Asia Pacific
- Tags
- digital payments, fintech
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A Landmark Impact Investment: Could This Innovative Experiment with Islamic Finance Provide a Model for Both Sectors?
Impact investing and Islamic finance are two segments of the socially responsible finance spectrum that rarely intersect – despite having much in common. But according to Umar Moghul, a transactional lawyer with experience in Islamic law, a recent impact investment by Mission Driven Finance in Somali Family Service of San Diego offers an example of how the two sides can come together to boost their mutual impact.
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Viewpoint: Are Big Banks Really Serving Cash-Strapped Americans?
Overdraft “protection” can feel like a misnomer, as anyone who has ever been charged an overdraft fee — or a collection of them — knows. “Violation” would be a more appropriate term in many cases.
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- Finance
- Region
- North America
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African Development Bank launches Africa Digital Financial Inclusion Facility
The African Development Bank and its partners on Wednesday launched the Africa Digital Financial Inclusion Facility (ADFI), designed to aid safety and expansion of digital financial transactions in Africa.
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- Finance
- Region
- Sub-Saharan Africa
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The Trouble With ‘Women’s Empowerment’ Programs: Perceptions vs. Reality in India
India's government, funders and development initiatives have an increasing focus on including women in different programs. But according to Sudarshan Thakur at PRADAN, these efforts often seem more concerned about what women can do for development than what development can do for women. He argues that social change cannot come only from outside interventions or credit. Instead, global development agencies need to engage with women across different communities and contexts, as women themselves are the best judges of the types of services and programs they need.
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- Finance