Mastercard Inc : The SEEP Network Partners with MasterCard to Promote Innovative Uses of Technology

Thursday, November 8, 2012

2012 SEEP Annual Conference Addresses Critical Barriers to Meaningful Inclusion in Markets and Financial Systems

Washington, DC, November 7, 2012 – The SEEP Network’s two-day 2012 Annual Conference titled, “Building Inclusive Markets: Impact through Financial and Enterprise Solutions” kicks off on Wednesday, November 7 in Arlington, VA.

MasterCard is a key corporate sponsor, and is also sponsoring the conference’s ’Information and Communications Technologies’ track, a series of workshops that examine innovative uses of technology to support enterprise development and financial inclusion in the developing world. Other conference thematic trends include: promoting savings, reaching the extreme poor, market and enterprise development, and understanding impact.

“With half of world’s population still excluded from the formal economy, collaboration between development practitioners and technology companies to proactively meet the needs of lower income and small-scale entrepreneurs is critical”, said Patricia Devereux, Group Head Corporate Philanthropy and Citizenship at MasterCard. “MasterCard envisions a world beyond cash where even the most remote farmers and microentrepreneurs have the ability to transact and accumulate earnings safely and securely”.

Source: 4-Traders (link opens in a new window)

Impact Assessment, Technology
financial inclusion