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Wait, Did Facebook Just Build A Kickstarter Competitor?
Facebook’s on a quest to absorb the Internet, and now it looks like it could invade crowdfunding. Today the company released a new Fundraiser product that allows nonprofits to set up a campaign page, show off a video explaining their goal, collect cash, and let people share News Feed posts with buttons so their friends can instantly contribute without clicking to a new page. As is, Facebook’s Fundraising feature could compete with platforms like Crowdrise.
- Categories
- Investing, Technology
- Tags
- crowdfunding
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Are e-Wallets Beginning to Worry Banks in India?
In the last week of October, Paytm founder Vijay Shekhar Sharma received a message from State Bank of India (SBI). It wasn’t good news. The message said the nation’s largest lender and its associate banks would no longer allow their customers to load money from their accounts onto the Paytm wallet.
- Categories
- Technology
- Region
- South Asia
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Traditional Financial Services vs. FinTech – The Future of Money
The reality is that the industry needs more than just new products — it needs a new paradigm. I believe the concept of Banking as a Platform (BaaP) provides that new approach, presenting collaborative solutions and offering new value chains not only for banks and their partners, but also for related services such as payment processors, credit providers and mobile network operators.
- Categories
- Technology
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Cashless Nigeria: Facilitating the Transition to Digital Payments
The emergence of Nigeria as a regional economic powerhouse has presented a challenge for Nigerian policymakers: How to convert Nigeria’s growth at the macro level into greater financial inclusion, so that the rising economic tide can benefit more people.
- Categories
- Technology
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Airtel Tanzania Launches Free Mobile Money Transfer Service
Airtel Tanzania has launched a new mobile money offer that will see its customers send money free of charge to family and friends on Airtel network across the country.f
- Categories
- Technology
- Region
- Sub-Saharan Africa
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India’s Entrepreneurial Answer to Healthcare
A weak public health system has given rise to market-based approaches in India. A new breed of young tech-savvy entrepreneurs are building businesses to help more Indians have access to healthcare.
- Categories
- Health Care, Technology
- Region
- South Asia
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Merchant Solutions Could Be the Answer to Mobile Money Issues
The mobile money agency system has made huge progress in increasing access to financial services and reducing the cost of transactions, though in terms of serving the “last mile” – those wishing to make single dollar transactions – there is still much to be done. But the answer may be staring us in the face, says Vahid Monadjem, CEO of Nomanini.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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What Mark Zuckerberg’s Big Announcement Tells Us About the New Philanthropy
Mark Zuckerberg is now the seventh richest person in the world, with a net worth of $46 billion—which is way up from a year ago, thanks to Facebook's soaring stock (Zuckerberg owns over 20 percent of the company). That same run-up in stock value means that the millions of shares that Zuck has set aside for philanthropy in a donor-advised fund may now be worth over $3 billion, assuming those shares haven’t been sold since they were donated.
- Categories
- Investing, Technology
- Tags
- philanthropy
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