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Analysis: Is Bangladesh Ready to Move Towards a Cashless Society?
The Covid-19 pandemic has accelerated the expansion of digital payments all over the world. Bangladesh too has witnessed robust growth in digital payments during the pandemic. The countrywide lockdown for more than three months has proved beneficial to such growth as people have become familiar with various digital payment systems.
- Categories
- Finance, Technology
- Region
- Asia Pacific
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UNICEF and Microsoft Launch Improved, Scalable Technology to Protect Vulnerable Children and Women Amid Rise in Domestic and Gender-Based Violence Due to COVID-19
Primero, an innovative online and offline application, empowers social workers to help more children.
- Categories
- Coronavirus, Investing, Technology
- Region
- Sub-Saharan Africa
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Modernize Farming through Drone Seeding in the Philippines
Rice farming in the country has started to be revolutionized following the introduction of “drone seeding” through the use of an artificial intelligence-driven drone made by Bayer Crop Science (BCS) in Paniqui, Tarlac, which eliminates costly and time-consuming labor in rice planting.
- Categories
- Agriculture, Technology
- Region
- South Asia
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Maker Spaces vs. COVID-19: How the Pandemic Is Bringing the Small Manufacturing Revolution to the Development Sector
When COVID-19 first struck, it soon became apparent that there wasn’t enough personal protective equipment (PPE) to go around. As Kuldeep Bandhu Aryal and Nishat Tasnim at BRAC point out, this has resulted in price gouging and acute scarcity, in Bangladesh and other developing (and developed) countries. They explore BRAC's innovative solution to this problem: collaborating with maker spaces and other small manufacturers to produce PPE locally and affordably.
- Categories
- Coronavirus, Health Care, Technology
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COVID-19 Is Accelerating Digital Banking Across the Globe: Here’s How It Will Impact Bangladesh
COVID-19 has fast-tracked the adoption of innovative tools and technologies by the global banking sector. As Jakirul Islam at Bank Asia points out, this has already led to an increase in digital banking, as customers move away from branch-based banking due to pandemic lockdowns. He explores some popular features of digital banks, and discusses their potential impact in Bangladesh.
- Categories
- Coronavirus, Finance, Technology
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YC-Backed Cashfree Raises $35.3 Million for Its Payments Platform
Cashfree, an Indian startup that offers a wide-range of payments services to businesses, has raised $35.3 million in a new financing round as the profitable firm looks to broaden its offering.
- Categories
- Finance, Investing, Technology
- Region
- Asia Pacific
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Billionaire Bezos Backs Start-up in Maiden Africa Investment
Jeff Bezos agreed to back Africa-focused financial technology company, Chipper Cash, making it his first start-up investment on the continent.
- Categories
- Finance, Investing, Technology
- Region
- Sub-Saharan Africa