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Viewpoint: Show Me the Money: Does Going Cashless Hurt Financial Inclusion?
At first glance, the ban on cashless stores seems to fly in the face of the drive towards a truly digital economy, but both sides of the table have compelling arguments.
- Categories
- Finance
- Region
- North America
- Tags
- digital payments
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TPG Puts McGlashan on Leave After Charges in College Scandal
The indictment comes at an inopportune time for TPG. The firm planned to start raising money for its second Rise Fund last year.
- Region
- North America
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Viewpoint: The Problem With Opportunity Zones
The framework, funded in part by the Kresge Foundation, is an important first set of principles to guide this rapidly emerging market. But those principles are only as useful as their adoption.
- Categories
- Investing
- Region
- North America
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MacArthur Commits $150 Million to Make Impact Investing Easier for Others
Solving really big problems, like extreme poverty around the world and climate change, will take trillions of dollars, says Rajiv Shah, president of the Rockefeller Foundation. "To bring that kind of capital to bear on the problems we hope to solve, we will need to work closely across philanthropic, public, and private sources of capital."
- Categories
- Investing
- Region
- North America
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Press release: Microfinance is Instrumental in Alleviating Financial Hardship in the United States – Early Results of an MDRC Study of Grameen America
The first-of-its-kind random assignment study examined 1,492 women (in 300 loan groups) who applied in groups of five to the Grameen America microlending program in Union City, New Jersey. Applicant groups were assigned at random into two groups: those eligible to receive Grameen America loans (the program group) and those not eligible (the control group). The outcomes of the two groups were compared over time.
- Categories
- Finance
- Region
- North America
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Omidyar Network spins out its fintech investment arm as Flourish, with up to $300 million
Equipped with up to $300 million in capital for operations and investments, the new Flourish will continue to invest around the Network’s core mission of backing companies with a dual focus on making a social impact and achieving quality financial returns.
- Region
- North America
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Is social impact investing really only for millennials?
Those aged 35 and older are at least as likely to want investments that have a positive impact as so-called millennials, those aged 25 to 34.
- Categories
- Investing
- Region
- North America
- Tags
- impact investing
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American sustainable funds outperform the market
Data released last week by Morningstar, a data-provider, showed that sustainable American funds outperformed the broader market and recorded their third-consecutive year of record inflows.
- Categories
- Investing
- Region
- North America
- Tags
- impact investing
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