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China’s move to regulate Internet payments sparks concern
China is moving to limit the lightly regulated world of internet payments, an initiative that some critics warn could stifle development in one of the most innovative sectors of the economy.
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- Uncategorized
- Region
- Asia Pacific
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OPINION: 10 developments that could transform the future of Indian banking
With emerging needs in urbanisation, industrialisation, digitisation, education, financial inclusion, and global integration, the following 10 developments will shape the banking industry in India’s journey towards a $20 trillion economy.
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- Uncategorized
- Region
- South Asia
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Safaricom will not be forced to loosen its dominant hold on Kenya’s mobile-money market
For a minute there, it looked like Safaricom might have to break up its business.
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- Uncategorized
- Region
- Sub-Saharan Africa
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Facebook Co-Founder Giving Millions Directly To The Poor, No Strings Attached
GiveDirectly's work is receiving a major boost from Facebook co-founder Dustin Moskovitz and his wife Cari Tuna, who on Monday announced a $25 million donation through their foundation Good Ventures.
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- Uncategorized
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Why banks are betting on the blockchain – not bitcoin – to transform the financial sector
Banks are getting increasingly interested in the potential of bitcoin's underlying blockchain technology to reduce the cost of payments and back office costs.
- Categories
- Uncategorized
- Tags
- digital payments
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BNY Mellon and The Forbes Funds Name Winners of $1 Million Social Innovation Challenge
UpPrize has named Conversant Labs, Marinus Analytics and PHRQL as the winners of BNY Mellon's $1 million Social Innovation Challenge. The winning ideas will expand digital access for visually-impaired people, help government agencies fight human trafficking, and ensure poor families have access to healthier foods. UpPrize, a unique collaboration between BNY Mellon, the BNY Mellon Foundation of Southwestern Pennsylvania and The Forbes Funds, combines impact investing with a research-based social innovation challenge.
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- Uncategorized
- Tags
- impact investing
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Impact Investors in Africa Are Looking East
President Obama’s recent trip to East Africa put the spotlight on a hot area for impact investing. So it’s timely that the Global Impact Investing Network(GIIN), in partnership with Open Capital Advisors, just published a detailed look at impact investing in the region.
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- Uncategorized
- Region
- Sub-Saharan Africa
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- impact investing
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Walmart Is Planning to Open Retail Outlets in Nigeria
Walmart, the world’s largest retailer by revenue, is in advanced talks to open big box stores in Lagos, Nigeria’s economic hub.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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