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Vodafone Wallet & PayPal Ink Payments Partnership
The partnership will enable PayPal customers to link their accounts to Vodafone Wallet, allowing them to use Android smartphones to make contactless payments. According to PayPal’s European CEO, this marks the first time PayPal users will be able to make contactless payments.
- Categories
- Technology
- Region
- Europe & Eurasia
- Tags
- digital payments, fintech
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Orange May Become Bank With Groupama Takeover
France's Orange has revealed it is in negotiations to acquire a 65% stake in Groupama Banque and set itself up as a fully fledged bank offering savings, loans, insurance and other financial services.
- Categories
- Investing
- Region
- Europe & Eurasia
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Omidyar Network Leads Investment in Technology that Enables Central Banks to Issue Digital Fiat Currency
Omidyar Network announced today a for-profit investment in eCurrency Mint (eCM), a Dublin-based company that has pioneered a new technology that enables central banks to issue digital fiat currency, called eCurrency. eCurrency is different from the various forms of private sector digital value available today because it is issued by a central bank and has the same legal and monetary status as notes and coins.
- Categories
- Investing, Technology
- Region
- Europe & Eurasia
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Crédit Rural de Guinée Wins 6th European Microfinance Award, for Innovative Response to Ebola Outbreak
Crédit Rural de Guinée (CRG) has been announced as the winner of the 6 th European Microfinance Award, focusing this year on Microfinance in Post-disaster, Post-conflict Areas & Fragile States, for its innovative response to the Ebola outbreak in Guinea. The Award was presented during European Microfinance Week by Her Royal Highness the Grand Duchess of Luxembourg, during a ceremony on 19th November held at the European Investment Bank Headquarters in Luxembourg.
- Categories
- Investing
- Region
- Europe & Eurasia
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Report: Banks Have a $380 Billion Market Opportunity in Financial Inclusion
Banks can address an additional US$380 billion market in annual revenues by targeting micro-enterprises and bringing unbanked and underbanked adults into the formal financial system, according to a new report produced jointly by Accenture (NYSE:ACN), through Accenture Development Partnerships, and CARE International UK, a leading humanitarian organization fighting global poverty.
- Categories
- Uncategorized
- Region
- Europe & Eurasia
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Wellcome’s £5 Billion Boost to British Science
A month out from the November spending review, Britain’s scientists are braced for bad news. Rumours continue to swirl about another five years of flat budgets,a likely merger of research councils, and the culling of other funding bodies. Next Monday, the pressure group Science is Vital is hosting a rally at Conway Hall in London where prominent voices from across the research community will spell out the case for public investment.
- Categories
- Education, Health Care
- Region
- Europe & Eurasia
- Tags
- research
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Zurich Pledges to Focus 10% of Investments on Delivering ‘Positive Impact’
Insurance group Zurich has revealed plans to plough around $100m into companies and projects that have a positive environmental or social impact.
- Categories
- Environment, Impact Assessment
- Region
- Europe & Eurasia
- Tags
- impact investing
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Millions of UK Pensions Exposed to ‘High-Risk’ Fossil Fuel Investments
Council pension funds in Britain have invested £14 billion in the fossil fuel sector, despite the fact these assets risk tumbling in value as the world grapples with climate change.
- Categories
- Energy, Environment
- Region
- Europe & Eurasia