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Coalition of Public, Private and Civil Society Leaders Unveils Roadmap to Financial Inclusion
Financial Inclusion 2020 today announced the launch of the Roadmap to Financial Inclusion, a series of recommendations designed to expand access to quality financial services globally.
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- Uncategorized
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It’s Time to Move Underserved U.S. Latinos Into the Financial Mainstream
Half of the 52 million Latinos living in the U.S. are financially underserved -- this is an economically unsustainable situation, and it's time to make a change.
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- Uncategorized
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MasterCard Promotes Financial Inclusion With Electronic Payments
While payment cards are often promoted as premium status-driven consumer products in the United States and Europe, in developing countries debit cards are proving valuable for delivering child benefits, pension payments and government salaries.
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Kenyans Find the Unintended Consequences of Mobile Money
In Western Kenya, “Sambaza” is both a marketing slogan and means for despair. It means “to spread.” Vodafone-owned Safaricom, the dominant mobile provider in Kenya, uses it as a brand name for a service that allows customers to transfer airtime to each other. According to a new study funded by the Institute for Money, Technology and Financial Inclusion (IMFTI), the word has also come to refer to the way money in a mobile account slips away, drip by drip, as friends and family ask for favors.
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- Uncategorized
- Region
- Sub-Saharan Africa
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New Report: Bringing Impact Investing From the Margins to the Mainstream
The World Economic Forum, in collaboration with Deloitte Touche Tohmatsu, today launched From the Margins to the Mainstream: Assessment of the Impact Investment Sector and Opportunities to Engage Mainstream Investors. The report provides a market assessment and recommendations for how mainstream investors can more actively engage in impact investing.
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- Education
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- impact investing, research
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MaRs launches Social Venture Connection, SVX
Socially-minded investors in Ontario who want to make a difference while making a profit have a new financial tool at their fingertips. The MaRs Discovery District’s Social Venture Connection, or SVX, is launching at the Toronto Stock Exchange Thursday.
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- impact investing
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Indonesian farmers need innovative financing to boost productivity
The Indonesian Chamber of Commerce and Industry (Kadin Indonesia) is calling for better access to finance for farmers to help increase their productivity.
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- Agriculture
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Safaricom Cautions Kenya Over Higher Taxes
Kenyan mobile operator, Safaricom, has warned the government that further increases in Excise Tax – a duty levied on goods or services for sale – will make mobile payment services less affordable for poorer citizens.
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- Technology
- Region
- Sub-Saharan Africa