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FICO and EFL Partner to Extend Access to Credit for “Unscoreable” Consumers and Entrepreneurs in Multiple Markets
As part of its FICO Financial Inclusion Initiative, analytic software firm FICO today announced a strategic partnership with EFL Global to expand credit scoring options for lenders and consumers in markets outside the US. FICO will offer EFL's psychometric scoring alongside its own credit scoring products in global markets, with the initial focus on Turkey, Russia and Mexico.
- Categories
- Impact Assessment
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Nigeria Set to Resume Vaccine Production, Eyes $280m From Export
The Chairman of the National Immunisation Financing Task Force Team (NIFT), Dr. Ben Anyene told the Minister of Science and Technology, Dr. Ogbonnaya Onu in Abuja yesterday, that when fully in production, vaccines from Nigeria will cater for seven million children. They could also yield $280 million in export.
- Categories
- Health Care, Technology
- Region
- Sub-Saharan Africa
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Mobile Phone Health Saving Plan Launched for Low-Income Kenyans
In Kenya nearly half of all healthcare expenditures are paid for out-of-pocket. This means half of Kenyans have no health insurance or access to mechanisms to pay for basic healthcare.
- Categories
- Health Care, Technology
- Region
- Sub-Saharan Africa
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Gates Foundation Shapes Investments to ‘Accelerate to Zero’ on Malaria
When Melinda Gates, co-chair of the Bill & Melinda Gates Foundation, said in 2007 that “any goal short of eradicating malaria is accepting malaria,” she helped to spark an industry wide shift toward ending the disease.
- Categories
- Health Care
- Region
- Sub-Saharan Africa
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Ecobank Launches Ecobank Mobile App to Transform Banking in Africa
Ecobank (Ecobank.com) has launched the Ecobank Mobile App, an instant and convenient way of banking via the mobile phone. It is the first unified app delivered by any institution for use in 33 countries. Group CEO, Ade Ayeyemi unveiled the new App at a large product launch in Lagos, which brought together a wide range of customers, including students, various professionals, traders and transporters. Ecobank board members, shareholders, staff and media were also present at the event.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- digital payments, fintech
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A Water-Chilled Coolbox Gets Vaccines on Tap to the World’s Poorest
It was a walk past a frozen lake 10 years ago that got Ian Tansley thinking differently about global health. The Welsh inventor had spent decades travelling and developing solar technologies throughout Africa and Asia. Yet one puzzle he was keen to crack – how to deliver vaccines on a wide-scale basis to the poorest, most remote communities – had so far eluded him.
- Categories
- Energy, Health Care, Technology
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Payday Loans Emerging As Nascent Market in India
Payday loans are decried a scourge, a menace and our dubbed "loan sharks" in the US and UK. With very high interest rates of 45%-50%, payday loans are given in advance of the next pay cheque and cater to blue collar workers, who are paid on a weekly basis. In India, payday loans are at a nascent stage and just taking off with a host of startups like RupeeLend, MoneyinMinutes, QuickCredit, Money4You.
- Categories
- Uncategorized
- Region
- South Asia
- Tags
- lending
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A New Health Care Project Won Awards. But Did It Really Work?
The program seemed like a fantastic idea at first, says Manoj Mohanan, an assistant professor of public policy and economics at Duke University.
- Categories
- Health Care, Technology
- Region
- South Asia
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