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Online Micro Credit on the Rise in India
Paving the way for migration of a large section of the population dependent on unofficial credit transactions into the formal sphere, the demonetisation move by the central government has boosted the prospects of online credit platforms.
- Categories
- Technology
- Region
- South Asia
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Visa And Nest To Roll Out FinTech Bootcamp In Africa
Mobile service provider Safaricom has announced that it is in discussions with five companies to broaden the availability of M-Pesa services.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- fintech, venture capital
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This Handheld Breast Scan Is Revolutionizing How Indians Detect Cancer
For 18-year-old Farheen Jahan, life took an ugly turn when she discovered a stiff growth in her breast. However, initial blood reports failed to detect anything serious. Later, in a health camp clinic set up in her locality in rural India she got herself scanned again with something called iBreastExam – a diagnostic tool designed to perform painless and radiation free breast scans, providing results instantly at the point of care.
- Categories
- Health Care, Technology
- Region
- South Asia
- Tags
- public health
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Nigeria Still At Outskirts of Mobile Money Remittances
Nigeria is still struggling with low adoption and highly fragmented agency networks and both are conspiring to hobble the growth of the industry.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- remittances
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Study: Mobile Money Lifts Kenyan Households Out of Poverty
Since 2008, MIT economist Tavneet Suri has studied the financial and social impacts of Kenyan mobile-money services, which allow users to store and exchange monetary values via mobile phone. Her work has shown that these services have helped Kenyans save more money and weather financial storms, among other benefits.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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It’s Never Been Better, Say Fintech Startups in India
One month of demonetisation has brought about an unprecedented surge in business volume for startups connecting customers with vendors cashlessly via a mobile wallet or simply a payment gateway.
- Categories
- Technology
- Region
- South Asia
- Tags
- fintech
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“Civic Tech” is One Antidote to Trumpism, and the Omidyar Network is Doubling Down Here
If you think about it, the age of Trump is tailor made for the Omidyar Network, and on several counts. First, this has never been an outfit that's placed lots of chips on securing big public policy wins in Washington, D.C.—or really even been fixated on policy at all. Instead, Omidyar has placed much of its faith in market solutions, as well as social entrepreneurs working in a decentralized fashion to reinvent the nonprofit sector and revitalize civic life. The fact that the capital of the free world is now in the hands of backward-looking reactionaries aiming to gut government makes Omidyar's vision of change all the more appealing.
- Categories
- Technology
- Tags
- innovation
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Weekly Roundup: Romanticizing Castro, Bridge’s Troubled Waters and the Benefits of Cash
NB's Weekly Roundup makes the call on whether Cuba's high quality of health care justified Castro’s means of achieving it; ponders the future of a private education company under attack from public sector foes; helps debunk the assumption that poor people, when given cash, will squander it on cigarettes and alcohol; and brings up the possibility that data, as it relates to public health, is a business opportunity.
- Categories
- Education, Health Care, Technology