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MIT Clean Energy Prize rewards student innovation
Robust batteries, solar refrigeration, UV membrane cleaner, and smart factory technologies take home $140,000 in prize money.
- Categories
- Energy
- Region
- North America
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MetLife Foundation Awards $2.5 Million Grant to The Financial Clinic to Bring Financial Security to Jobseekers Nationally
The Financial Clinic (the Clinic) announced April 11 the launch of WorkBOOST National, a three-year initiative that will bring financial security approaches to scale, made possible by a $2.5 million grant from MetLife Foundation.
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- Inclusive Fintech
- Region
- North America
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Press release: MetLife Foundation and Verb Launch Competition to Improve Financial Health in the U.S.
The competition is open to organizations that propose innovative solutions for empowering the 57 percent of Americans who struggle financially and are unable to pay bills on time each month, build savings or manage financial shocks and emergencies.
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- North America
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Press release: Center for Financial Services Innovation Launches “U.S. Financial Health Pulse”
“CFSI first explored the concept of financial health using a landmark research project that found a majority of American households were financially unhealthy,” said Jennifer Tescher, founder and CEO of CFSI. “The U.S. Financial Health Pulse is the next phase in a critical effort to advance financial health in America.”
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- Press release
- Region
- North America
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Study shows most American banks fail to offer safe, affordable checking
A report co-authored by University of Kansas researchers shows that a majority of American banks are failing to offer safe and affordable checking accounts, missing industry standards and shutting some out of the financial mainstream.
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- North America
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U.S. Federal Reserve may review rules on lending to the poor
Changes to the Community Reinvestment Act (CRA) may be necessary due to the rise of online lenders, known as “fintech” firms, as well as industry consolidation, that has reshaped the community lending landscape.
- Categories
- Inclusive Fintech
- Region
- North America
- Tags
- banking, banks, fintech, lending, loans, poverty, regulations, United States
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What Happens When You Invest In Entrepreneurship At The Margins
There are countless ways that distressed communities in the US differ from the remote areas where my organization, Root Capital, operates. But they have at least this in common: They have an acute need for investment. And we need more gatekeepers of capital to take up that challenge.
- Categories
- Entrepreneurship, Investing
- Region
- North America
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Viewpoint: The new US DFI deserves the development community’s support. Here’s why.
Right now, there are budding entrepreneurs and innovators in developing countries with ideas that could help lift their communities out of poverty, improve health and education outcomes, and create sustainable economic development. They may be focused on how to raise smaller holder farmers’ income, or creating a ride-hailing app that ensures a safe taxi ride, or developing software that makes it easier for business to comply with local tax regulations.
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- North America
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