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The Power of Texting: How a Simple Text Message Can Make the Difference Between Success and Failure for Social Initiatives
Mobile phones are increasingly prevalent throughout the world, and researchers have found that sending text message reminders can help people follow through with their intentions, significantly increasing the success of development interventions. Roxanne Bauer explores the impact of text reminders on malaria treatment and savings initiatives, and discusses the science behind the approach.
- Categories
- Health Care, Impact Assessment, Technology, Telecommunications
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Without broadband, financial inclusion in India will remain a ‘pipe dream,’ says telecom regulator chairman
Advocating deeper broadband penetration to ensure success of Jan Dhan scheme, telecom regulator TRAI’s chief Rahul Khullar today said financial inclusion will otherwise remain a “pipe dream” and merely opening bank accounts will not serve the purpose.
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- Technology
- Region
- South Asia
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Portal for Blue-Collar Jobs Babajob Raises $10M from Australia’s SEEK
Bangalore-based Babajob Services Pvt Ltd, which runs the job portal for blue-collar workers, has raised $10 million from Australian company SEEK Ltd, it said on Tuesday. SEEK has picked a minority stake in the firm.
- Categories
- Technology
- Region
- South Asia
- Tags
- impact investing
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Former MTN Uganda Staff Get 9 Years’ Jail for Mobile Money Fraud
The Anti-Corruption Court yesterday convicted six MTN staff after they were found guilty of illegally gaining access to the mobile money system and wired cash amounting to more than Shs3 billion to various money agent lines that they shared thereafter.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Why You Should Root for a Robot to Take Your Doctor’s Job
You don’t have to look far to find concerns about how technology will steal our jobs. It’s been widely noticed that automation is making machines more powerful and shortening the list of current jobs that only a human can do.
- Categories
- Health Care, Technology
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Indian Microlender Ujjivan Launches Hand-Held Field Tech Devices to Expedite Loan Process
Bangalore-based Ujjivan Financial Services Pvt Ltd, one of the top-tier microfinance institutions in the country, has rolled out hand-held field technology devices as it seeks to take the loan approval process online and expedite disbursals.
- Categories
- Technology
- Region
- South Asia
- Tags
- lending, microfinance
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Industry Convergence in Financial Services Is Accelerating
These days everyone wants to create the next Uber for anything, and the word “disruption” is mentioned across boardrooms and management meetings in nearly all industries. But while discussing the true meaning of disruption and which fintech startups are worth keeping an eye on, incumbents are at risk of overlooking players that once were customers and partners that can quickly become new digital competitors.
- Categories
- Technology
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Press Release: Microcredit Summit Campaign Joins World Bank’s Financial Inclusion Efforts
The Microcredit Summit Campaign joins the World Bank Group and their coalition of partners -- including MasterCard, Visa, Mandiri, the State Bank of India, Equity Bank, and Bandhan -- in making a commitment to accelerate universal financial access; financial access and inclusion are stepping stones to achieving the end of extreme poverty by 2030. The Campaign will work with its reporting institutions to help them expand their outreach by at least 53 million of the world's poorest families, bringing the overall total of the world's poorest families reached by microfinance to 175 million by 2020.
- Categories
- Technology