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SLI launches positive screening Global Equity Impact fund
Standard Life Investments has launched a Global Equity Impact fund, investing in companies which are making a positive contribution to society and/or the environment.
- Categories
- Investing
- Tags
- ESG, impact investing, SDGs
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IBM launches blockchain partnership for improved cross-border payments
Working in collaboration with technology partners Stellar.org and KlickEx Group, the innovative solution is intended to improve the speed in which banks both clear and settle payment transactions on a single network in near real time.
- Categories
- Finance
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Techstars launches an impact accelerator for companies focused on social and environmental impact
In a blog post, the international accelerator network’s newest managing director, Zoe Schlag said that the new accelerator will back “for-profit, mission-driven founders building technologies to solve our most pressing social and environmental needs.”
- Categories
- Technology
- Region
- North America
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How tech has relaxed Mumbai’s monopoly on finance
With the rise of tech startups that focus on financial services, the traditional banking landscape is transforming — and Mumbai, Delhi-NCR and Bengaluru are competing to become India's fintech capital.
- Categories
- Finance
- Region
- South Asia
- Tags
- fintech
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IndusInd Bank announces takeover of micro finance lender Bharat Financial
Chairman of the bank, R. Seshasayee, said the two boards met independently this morning and decided to go ahead.
It would help develop reach and would be a strong partnership. The two institutions had worked together for many years and were, therefore, comfortable with each other's people and culture, he said.- Categories
- Finance
- Region
- South Asia
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Google announces $1b commitment to tech education
The search giant said $10 million of the $1 billion commitment will be provided to Goodwill, a workforce development non-profit, to launch the Goodwill Digital Career Accelerator. It is the largest grant Google.org has awarded to a single organization, the company noted.
- Categories
- Education, Technology
- Region
- North America
- Tags
- nonprofits, philanthropy
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Grupo Financiero Santander México Launches “Tuiio” A Financial Inclusion Program For Low Income Individuals
"Tuiio", which will have its own operating model, infrastructure and brand, is a robust financial inclusion program that will leverage technology to support the needs of Mexico's low-income segment. It aims to generate measurable social impact through productive micro-lending, a digital savings account, its own branch network, staff, ATMs, point-of-sale terminals and electronic banking.
- Categories
- Finance
- Region
- Latin America
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Why is Asia lukewarm to sustainable investing?
Investors in Asia, a region made up of numerous emerging markets that have made economic growth a priority, typically take a shorter-term view on investments. Coupled with a lack of government initiatives to drive sustainable investing, Asian investors and their fund managers have lagged far behind their western counterparts in embracing “ESG investing” – the inclusion of companies’ environmental, social and governance performance as criteria in fund allocation decisions.
- Categories
- Investing
- Region
- Asia Pacific
- Tags
- ESG, impact investing
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