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Roundup: A $100 Million Idea, Reproductive Rights Redux and an Inverting Poverty Pyramid
In this week's Roundup, we look at MacArthur Foundation's $100 million grant to “a single proposal designed to help solve a critical problem affecting people, places or the planet," the impact Zika is having on family planning and more evidence the "Bottom Billions" are moving up.
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And Now a Word From Our Sponsors: How Brands Can Reinvent Philanthropy
If brands can underwrite our entertainment experience, allowing us to enjoy our favorite shows for free, couldn’t they also fund our philanthropic experience, making it possible for millions of Americans to experience the profound sense of purpose and gratification that comes from giving back?
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There’s a $56 trillion market that could be the biggest in the history of commerce
In a round-up of some of its strongest long-term investing themes, Bank of America Merrill Lynch highlighted one such opportunity for businesses and economic growth: the explosion of the global middle class.
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Western Union introduces US-Cuba money transfers
The Western Union Company pioneered mobile and online money transfers to Cuba via the Western Union app and wu.com in the U.S., paving the way for a new generation of tech-savvy customers to move money into Cuba in minutes.
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- Latin America
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Report: Cashless ecosystem spells big bucks for fintech startups in India, to reach $2.4 billion by 2020
A joint report by KPMG and NASSCOM titled 'Fintech in India argues that a robust fintech collaborative ecosystem - with startups engaging in external partnerships withfinancial institutions, universities and research institutions, venture capitalists, technology experts, government agencies - will be the key platform for the forecasted growth.
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- South Asia
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- fintech
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If you want to make money in Cuba, join a band
“In Cuba, we have an inverted socioeconomic pyramid,” says Guevara. Waiters make more than software engineers, a hotel bartender is more likely to go on a holiday abroad than a bank manager, and having a university degree typically doesn’t mean higher pay.
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- Latin America
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Social Enterprise Accelerator Solvey Gets Over 3 Million Views On YouTube
In May, I met YouTubers Dave Erasmus and Louis Cole in Delhi. They were on their third stop on a fast-paced world tour called Solvey, to find entrepreneurial individuals, interested in giving back and solving problems in their home countries
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Viewpoint: CFPB Payday Rule Addresses the Problems, Not the Solution
If the final rule doesn't create a clear lane for good lenders to step in with a variety of new loan product designs, the CFPB risks leaving important consumer needs unfulfilled.
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- Region
- North America
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- lending, regulations
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