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Metlife Foundation Partners with Duke University to Identify New Ways to Help Low-to-Middle-Income Americans Better Manage Their Finances
MetLife Foundation and Duke University today announced that, with support from MetLife Foundation, Duke University is launching the CommonCents Lab (the “Lab”), an initiative that will apply behavioral economics to identify new ways to help millions of Americans improve their saving and spending habits.
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Africa’s Banks Pressured by Bad Loans
Africa’s banks are under pressure from non-performing loans, credit agency Moody’s said on Tuesday.
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- Sub-Saharan Africa
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- lending
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CSR and Financial Literacy in India
Abright orange bus is parked in Maralur Dinne, a village in Karnataka’s Tumakuru district. In the shade of that bus, 32-year-old Varalakshmi is trying her best to sell a garland of plastic flowers for Rs.20 to a woman who wants a discount.
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- South Asia
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Can Mexico be the hub for fintech in Latin America?
Mexico is in a nascent stage but there’s a wealth of burgeoning innovation centres and resources like incubators and accelerators for startups to use.
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- Region
- Latin America
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Obama Administration Targets ‘Unbanked’ Households in New Initiative
The Obama administration launched a new initiative this week to boost banking access for millions of Americans who don’t currently have checking or savings accounts.
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Building an Inclusive Financial System, One City at a Time – an Interview with Citi’s Bob Annibale
I recently had a chance to speak with Bob Annibale, global director of Citi Community Development. Annibale’s work for Citi touches on everything from microfinancing to neighborhood revitalization. We discussed partnering with mayors, helping the unbanked, immigrant integration and more.
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Kopo Kopo Changes Focus From Payments to Micro-Lending, Announces New CEO
After raising $2.10 million in equity financing, Kenyan payments platform Kopo Kopo is pivoting its business away from the Lipa Na M-Pesa service it offers in partnership with Safaricom to focus on micro-loans to businesses. To this effect, the company has appointed a new CEO to direct the company’s growth and shift in focus.
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- Uncategorized
- Region
- Sub-Saharan Africa
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ANALYSIS: Bitcoin vs. M-Pesa: Digital payments innovators battle in Kenya
On 14 December, a high court in Kenya will come to a preliminary decision in a battle between Bitcoin remittance and payments company BitPesa, which is suing Safaricom, the telecom company which operates M-Pesa. Also suing is Lipisha, the payment company that gateways BitPesa and M-Pesa. There's plenty of irony to go round here. Bitcoin and M-Pesa should not be pitted against one another - both are elements of a payments revolution that is happening right now and which will be remembered as one of the great technology success stories of the 21st century.
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- Uncategorized
- Region
- Sub-Saharan Africa
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