NextBillion - A WDI Publication

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• Blog Post
  The Bridge International Controversy: Bridge Schools ‘Undermine the Rule of Law, Transparency and Fundamental Rights’

  The Global Initiative for Economic, Social and Cultural Rights is concerned about the direction Bridge International Academies is headed, says Sylvain Aubry, and those "concerns are based on real, substantiated, independent evidence that not only the Bridge business model may be shaky, but that Bridge schools could undermine ... the rule of law, transparency and fundamental rights."

• News
  FICCI Report Explores Promises and Challenges of FinTech in India

  The Federation of Indian Chambers of Commerce and Industry (FICCI) published a new report in January called “Leveraging the FinTech Opportunities in India” to highlight a number of topics, including digital payments, digital banking, blockchain, and online lending, to name a few.
  
  

• News
  Wipro and PATH Announce Partnership to Improve Health in Developing Countries

  Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting and business process services company, and PATH, an international nonprofit organization and global leader in health and innovation, focused on improving health care, especially for women and children, today announced a partnership. Wipro and PATH will partner to improve health outcomes in developing countries in Africa and Asia Pacific by collaborating on information and technology systems that accelerate progress on health innovations in low-resource environments.

• Blog Post
  The Fourth Industrial Revolution: How Big Data and Machine Learning Can Boost Inclusive Fintech

  It's easier and cheaper to generate data than ever before, and the tools to turn data into insights are growing exponentially. So much so, according to Matt Grasser of BFA, that any organization dealing with data that does not apply machine learning will be left behind. He explores the experiences of Destacame.cl, a fintech startup, in using machine learning to help identify good and bad payers based on a score.
  

• News
  MoneyGram Agrees to Merge with Ant Financial

  MoneyGram (NASDAQ: MGI), a global provider of innovative money transfer services, and Ant Financial Services Group, one of the world’s leading digital financial services providers and parent company of Alipay, a global mobile payment platform, today announced that they have entered into a definitive agreement under which MoneyGram will merge with Ant Financial, with stockholders of MoneyGram being offered $13.25 per share in cash. The transaction will connect MoneyGram’s money transfer network of 2.4 billion bank and mobile accounts and 350,000 physical locations with Ant Financial’s users, who enjoy a broad suite of technology-based financial services, including payments, credit and insurance products. The combination will provide consumers in over 200 countries and territories with convenient and accessible financial services, which furthers Ant Financial’s mission to promote equal access to financial services globally.

• Blog Post
  MobileODT’s Goal: Making Cervical Cancer Screening Available to Every Woman, Everywhere – at a Profit

  Cervical cancer is a leading cause of death worldwide, but most of those deaths could be prevented through early detection. MobileODT has developed a low-cost colposcope that uses smartphones to replace more complex and expensive cervical screening systems. Here, CEO and cofounder Ariel Beery talks his company's plans to reach billions of people in both developed and developing countries.
  
  

• Blog Post
  Sorry, ‘Feel Good’ Investors: Deep Impact Requires Concessions

  There's a big crowd of investors on the side of the return continuum seeking a feel-good, low-risk way of earning an invitation to speak at the next GIIN or SOCAP, according to Greg Neichin and Diane Isenberg of Ceniarth. There are far fewer willing to make the necessary and realistic concessions required to generate impact in the most underserved places in the world.
  

• Blog Post
  Learning From Failure: Lessons From Nigeria About Integrating Technology Into Rural Health Systems

  A study showed that most people living in a Nigerian territory lacked access to health care, leading to a radical eHealth pilot project. That pilot failed, but lessons learned ultimately led to a stronger and more sustainable eHealth framework in Nigeria and can help others who hope to integrate technology into health systems, especially in limited-resource settings.