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DAI, Souktel, and MFO Launch Mobile Financial Education Services with Facebook’s Internet.org
In low-income countries, good information about personal budgeting and saving is hard to find. Many people have limited schooling and little familiarity with financial institutions. Financial education efforts at the local level—often constrained by inadequate staff resources and transportation challenges—tend to be one-time events accessible only to a small slice of the population. Getting the information you need at the moment you need it is nearly impossible.
- Categories
- Education, Technology
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This App Wants You to Borrow Money From Friends, Not Banks
Long ago, your parents probably gave you some advice: never borrow money from a friend. More importantly: never let your friends borrow from you. If the movies have taught us anything, it’s that mixing money and friendship rarely ends in anything other than blood and tears.
- Categories
- Technology
- Tags
- lending
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Another Inconvenient Truth: Vice Pays
The politically correct and socially sustainable is, though certainly laudable, not particularly profitable. Investors shunning sin stocks manage portfolios that are, on average, significantly less profitable than those possessed by shareholders without similar scruples.
- Categories
- Technology
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Going Mobile in Sub-Saharan Africa to Save Lives – And Change The Future
Mobile technology is rapidly transforming communications and culture in Africa. More than half the continent’s population has a mobile device, up from just one percent in 15 years, according the United Nations. Of course, cities and developed regions are as connected as their counterpart elsewhere, but remote and undeveloped areas where people live on little more than a dollar a day are usually poorly served. That is beginning to change, and healthcare providers are using technology to improve and save lives.
- Categories
- Health Care, Technology
- Region
- Sub-Saharan Africa
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Facebook’s Internet.org Now Offering Free Connectivity to Millions in India
Internet.org is now available in India, Facebook said late Monday, potentially bringing Internet access to tens of millions of new users for the first time.
- Categories
- Health Care, Technology
- Region
- South Asia
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iHub Partners with Chase Bank for Innovation in Kenya’s Financial Services
Kenyan incubator the iHub has partnered Chase Bank in an arrangement that will see the two organisations collaborate on advancing the country’s tech ecosystem and offering more innovative services to the bank’s customers and the general public.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Payment Banks: How It Is Possible to Build a Business Around Financial Inclusion
Dattaram, 50, earns Rs 9,000 a month doing domestic chores in three to four homes in a Mumbai neighbourhood.
- Categories
- Technology
- Region
- South Asia
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Rwanda: How Mobile Money Is Leading the Drive Toward a Cashless Economy
Since its launch in 2011, the nation's journey toward a cashless economy has registered steady progress with benefits such as reducing financial exclusion and enhancing customer experience.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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