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Weekly Roundup 1/25/14: Oxfam’s 85 richest study, dissension in Davos and short ladders to income equality
Oxfam stole the show before the globalists at Davos could even step on the world stage this week at the World Economic Forum. Its new report says that the world’s 85 richest people control as much wealth as the poorest 3.5 billion people. But that’s not the whole story.
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T-Mobile reaches out to U.S. Latinos with mobile money
T-Mobile has now become notorious for upending the wireless industry with its "Uncarrier" plans, and now the company is planning to "un" bank your finances. After surveying the market and finding that banks were charging too many fees and weren't appealing enough to customer needs - including U.S. Latinos - T-Mobile has decided to shake up the banking industry as well with a service called "Mobile Money".
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Nigerian banks, MNOs urged to improve investment in mobile money
Banks and other mobile money operators have been advised to significantly increase their investment in mobile money technology so as to encourage more users of that means of money transfer.
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MasterCard encourages debit, pre-paid cards to advance financial inclusion in India
With a high growth potential, debit and pre-paid cards can be used to accelerate financial inclusion and reaching out to rural India, a senior MasterCard Worldwide official said here today.
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Why crowdfunding for start-ups could turn out to be a huge mess
Rules under consideration by the Securities and Exchange Commission would allow start-ups to "crowdfund" their businesses, raising capital from people who have traditionally been barred from making such risky investments.
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- crowdfunding
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Africa leads in mobile banking
Mobile banking activity is highest in Africa, led by Nigeria, South Africa and Kenya - which has the reputation for being the world's mobile money pace-setter with M-Pesa.
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Tata social enterprise challenge to encourage innovative ideas in India
The winners of the second edition of Tata Social Enterprise Challenge, hosted by the Tata group in partnership with the Indian Institute of Management Calcutta (IIM-C), were announced today at IIM Calcutta.
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Safaricom launches mobile micro-insurance service
Kenyan operator Safaricom, Britam and Changamka Health have launched a micro-insurance health cover service which enables Kenyans to make contributions via M-Pesa, looking to increase the level of medical insurance cover in the country.
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- Sub-Saharan Africa
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