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Calling All Innovations in Financial Capability: A new FI2020 project needs to hear about you
The Center for Financial Inclusion is investigating innovations that help customers gain greater financial capability. If you’ve seen or been associated with any new or new use of a delivery mechanism, product design, program idea or process that might fit the bill, CFI wants to hear from you.
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Kenyan Startups Tackle Expensive Remittances Through Bitcoin
It’s been declared dead countless times in the West, but in Kenya's start-up scene Bitcoin is all the rage. Kenyan companies have been attracting funding lately to build cheap Bitcoin-based remittance services that some think could give Western Union a run for its money, though others say it’s still got a long way to go.
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- Uncategorized
- Region
- Sub-Saharan Africa
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- remittances
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Indian Prime Minister Modi Asks Reserve Bank to Prepare 20-Year Financial Inclusion Roadmap
Prime Minister Narendra Modi on Thursday asked the Reserve Bank of India to prepare a 20-year roadmap for deepening financial inclusion in the country.
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- Region
- South Asia
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FICO to Announce New Credit Scoring Formula for High-Risk Consumers in the U.S.
FICO, creator of some of the most widely used credit scores in the U.S., will reportedly announce a new scoring formula designed to help high-risk consumers access credit, the Wall Street Journal reported Wednesday. The model will incorporate consumers' payment history on things like utility, cellphone and cable bills, in addition to how often a consumer changes addresses.
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- Uncategorized
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- credit scoring, lending
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What Does Social Entrepreneurship Mean to Actor Adrian Grenier?
The Entourage actor talks entrepreneurship and his upcoming stint as a judge in a start-up pitch contest.
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The US Is Warming Up to China’s Big New Development Bank
Washington appears to have softened its stance towards the new Beijing-led Asian Infrastructure Investment Bank, backing down from its earlier resistance and saying it is now ready to welcome the institution.
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- Region
- South Asia
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- impact investing
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Viewpoint: Marketing: The Missing Ingredient in Social Entrepreneurship
I have been asked to teach a course in Marketing for the esteemed Master of Science in Social Entrepreneurship Program at USC. While I look at this as a great opportunity. I also recognize it is an enormous challenge. Why? Even though many profess a deep knowledge of these subjects, both are not well understood. Business people tend to look at social entrepreneurs as bleeding heart do-gooders that waste their time chasing after lost causes. Moreover, social entrepreneurs tend to view profit-seeking business people as money-grubbing and selfish with little concern about the greater good. Even worse, they tend to view marketers as slimy, sleazy liars. So why do intelligent people wanting to use their intelligence to solve the world's social problems tend to shun marketing?
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Crowdfunding Nearly Tripled Last Year, Becoming a $16 Billion Industry
If crowdfunding’s been hot for awhile, last year, it was damn near on fire.
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- Uncategorized
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- crowdfunding
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