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Bitcoin Startups Bring ‘Rebittance’ Service to Argentina and Mexico
Bitcoin startups Volabit and SatoshiTango have opened a money transfer service between their respective countries through a collaboration called Coinnect.
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- Uncategorized
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- Latin America
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Move Over, Doctors—Plumbers Without Borders Are Coming to the Rescue
For Florida plumber Frederick Schilling Jr, the 2010 earthquake in Haiti, which killed at least 45,000 people, was a pivotal moment in his life, transforming how he looks at the world.His view today? “We in America have absolutely no idea how good we have it and how easy our lives are,” he said.
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- Health Care
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- Latin America
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Citi and IBM Align to Accelerate Digital Banking Innovation Through Citi Mobile Challenge
Citi® and IBM (NYSE: IBM) today announced a collaboration to work with developers and build the next generation of financial technology (FinTech) through the Citi Mobile Challenge. IBM will offer mentorship tutorials, and access to Bluemix, IBM's digital innovation platform, to help developers participating in the Citi Mobile Challenge build, test and deploy their FinTech solutions. Citi Chief Client Experience, Digital and Marketing Officer for Global Consumer Banking Heather Cox and IBM Fellow and CTO Jerry Cuomo made the announcement at IBM InterConnect 2015, IBM's major cloud and mobile conference.
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- Technology
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- Latin America
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- digital payments
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Mexican Banks Using Mobile Payments Technology to Enable Digital Transactions at Mom-and-Pop Stores
In a bid to increase card payments and financial inclusion, Mexican banks are collaborating with mobile payments technology vendors to deploy mPOS solutions at mom-and-pop stores. The Mexican government encourages these initiatives, as around 70 percent of all purchases in Mexico are made with cash and the informal economy represents 30 percent of GDP.
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- Latin America
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Viewpoint: Profit Is Not a Dirty Word
Sustainability is an all too overused word that is rarely linked to the word profit. Yet sustainability and profit go hand in hand. When it comes to building a network of health facilities in a developing country using a social franchising model similar to how business franchises operate; the link between profit and sustainability is imperative. Without one we cannot hope to have the other.
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- Environment, Health Care
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- Latin America
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Press Release: Center for Financial Inclusion at Accion and HelpAge Int’l Report – Aging and Financial Inclusion: An Opportunity
Today, the Center for Financial Inclusion at Accion (CFI) and HelpAge International released Aging and Financial Inclusion: An Opportunity, a report that examines the unmet financial needs of the rapidly growing global aging population, particularly in the developing world. The purpose of this report is to highlight the barriers and opportunities related to financial services in older age and throughout the aging process, a relatively neglected area of study.
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- Latin America
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Study to Offer Microloans to Tijuana Sex Workers
A study that looks at links between poverty and high-risk behavior among Tijuana sex workers will offer loans to a group of 60 women this year. The dollar amount is small— initially about $200 per participant — and the researchers hope that the women will use the money to launch small businesses and find an additional source of income.
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- Health Care
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- Latin America
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IDB to support BoP families in the Dominican Republic with access to credit for home improvements
Loan of up to $5 million has mobilized an additional $5 million through a B-loan syndication.
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- Uncategorized
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- Latin America