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Why the Financial Industry Is Getting Nicer
Last week’s Money20/20 conference delivered further evidence that it really is a new day in the financial industry . There is not just a technological change afoot but an ethical change: a feeling that finance can do more for people than simply move their money around .
- Categories
- Investing, Technology
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Report: Cash Far More Popular Than Cards and Mobile Money Among Kenyan Online Shoppers
Only 1% of over 80,000 shoppers sampled in the 3rd quarter of this year used cards to pay for products they purchased online, 27 percent preferred to pay via mobile money transfer before or after delivery, while a whopping 72 percent preferred to pay in cash on delivery, according to an internal survey released by Kenyan e-tailer Jumia.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Groups Sign Funding Deal to Increase Competitiveness for Small Holder Farmers in East Africa
The Alliance for a Green Revolution in Africa (AGRA) has entered into a partnership with KCB Group to facilitate the implementation of a platform that enables smallholder farmers across the East African region access credit and training.
- Categories
- Agriculture, Technology
- Region
- Sub-Saharan Africa
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Technology Alone Is Not the Answer in Healthcare
“A technology only solution isn’t going to get us anywhere,” says Shelly Saxena. He’s referring to the growing number of social enterprises and development initiatives that use mobile phones and telemedicine to deliver healthcare in India.
- Categories
- Health Care, Technology
- Region
- South Asia
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‘SEC Ruling on Crowdfunding Both Opportunity and Stumbling Block for Startups’, Expert Says
There has been a lot of talk about SEC’s approval of Title III of the JOBS Act, which allows, for the first time, also non-accredited investors to join equity crowdfunding campaigns.
- Categories
- Technology
- Tags
- crowdfunding, regulations
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Omidyar Network Report Reveals Disruption in Emerging Market Credit Score Business
Omidyar Network today released "Big Data, Small Credit: The Digital Revolution and Its Impact on Emerging Market Consumers", a research report that analyzes a new category of technology enterprises that are disrupting the traditional way of assessing consumer credit risk in emerging markets. Using non-financial data—such as social media activity and mobile phone usage patterns—complex algorithms and big data analytics are delivering a quicker, cheaper, and more effective credit assessment of consumers who lack credit histories and were invisible to lenders before.
- Categories
- Technology
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Hilleman Lab In Talks With Indian Vaccine Makers For Tech Transfer
Hilleman Laboratories, a global vaccine development initiative set up by UK-based biomedical research charity Wellcome Trust and US-drug multinational Merck and Co., is in talks with at least a couple of Indian vaccine manufacturers and government institutions to license out its technologies, including a low-cost Meningitis vaccine and heat-stable Rotavirus vaccine. The technology transfer deals, once signed and implemented, will make the Indian companies global supplier of these novel vaccines.
- Categories
- Health Care, Technology
- Region
- South Asia
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India and Bangladesh Play Unlikely Starring Role at Money 20/20
Financial inclusion featured high on the agenda of the opening sessions at Money 20/20 in Las Vegas. Initiatives from Asia were highlighted as showing best practice in solving identity issues.
- Categories
- Technology
- Region
- South Asia
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