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Blog Post
Determining risk has always been a hurdle for lenders, and a barrier for small businesses looking to expand. Non-traditional credit scoring could help - but is it dependable? A new Harvard study on a crowdsourced credit scoring approach found it predicted defaults with 45 percent greater accuracy than standard credit scores.
NexThought Monday – The (Financial) Wisdom of the Crowd: How a group of non-experts outperformed traditional credit ratings at identifying good and bad borrowersBlog Post
Minka-Dev helped a growing food ingredients company in Colombia connect with smallholder farmers. The authors, both from Minka-Dev, detail the process, which involves not only farmers, but also food banks, government and business players.
Creating an Efficient Funnel for Inclusive Business: How agri-processors, farmers, food banks and the government are blending an allianceNews
Bitcoin startups Volabit and SatoshiTango have opened a money transfer service between their respective countries through a collaboration called Coinnect.
Bitcoin Startups Bring ‘Rebittance’ Service to Argentina and MexicoBlog Post
Estimates suggest there are close to 270 million microinsurance clients in the developing world, with a potential market estimated at 3 to 4 billion policies. But while assessing the social impact of this growing sector is vital to improving product design, there is a dearth of consistency amongst the impact assessments being conducted. Microinsurance Network created “A Practical Guide to Impact Assessments” to address this challenge.
Striving for Consistency: A new guide aims to standardize impact assessments of the growing microinsurance marketNews
Chronic disease among HIV positive people has been overlooked, say K. M. Venkat Narayan and Sten Vermund. Over 35 million people worldwide are living with HIV. Massive global efforts and investments to deliver combination antiretroviral therapy (ART) have transformed a fatal infectious disease into a chronic, treatable disease.
A Research Agenda for HIV SurvivorsBlog Post
Our weekly Twitter Top 10 is only a click away, and full of information. Among the highlights: Bill Gates put on his green eyeshade (you might have to look that one up, millennials) and assumed the role of editor.
Twitter Top Ten – 3/1/15News
This week at the World Trade Organization intellectual property committee meeting, least-developed countries submitted a request to extend a waiver allowing them not to enforce intellectual property rights on pharmaceutical products. The countries have extended the waiver before, but this time they are seeking to make it indefinite, until they are no longer considered LDCs.
World Trade Organization Least-Developed Countries Request Waiver of Intellectual Property Rights on Pharma ProductsNews
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.
Citi and IBM Align to Accelerate Digital Banking Innovation Through Citi Mobile Challenge
