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Viewpoint: Financial Inclusion Will Be Vital in a Post-Pandemic World
The world will never be the same as Covid-19 has created a springboard for the fourth industrial revolution
- Categories
- Coronavirus, Education, Finance
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Digital Lending Post COVID: How Micro-Credit Holds the Key for Small Merchants, Customers to Bounce Back
Credit and Finance for MSMEs: Digital lending platforms with the principles of financial inclusivity will emerge as the heroes of the financial crisis.
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- Coronavirus, Finance
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Solving the Credit Impasse: How Big Data and AI are Generating Funding Opportunities for Smallholder Farmers in Africa
Smallholder farmers provide over 80% of the food in much of the developing world, making a major contribution to poverty reduction and food security. Yet as Iftin Fatah at the U.S. International Development Finance Corporation points out, in Africa, less than 3% of total bank lending goes to the sector – even though it accounts for about 70% of all employment and over 40% of GDP. She explores some innovative, tech-driven solutions to this perennial problem.
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- Agriculture, Technology
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WHO Launches Global Health Alert for Coronavirus on WhatsApp
The services uses an AI chatbot to provide updated information on the pandemic, including how to protect yourself, questions and answers, and the latest news and press coverage.
- Categories
- Coronavirus, Health Care, Technology
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Mobile Banking App Empower Finance Just Closed a $20 Million Series A Round
Another afternoon, another round of funding for a mobile banking app. This time, it’s Empower Finance, a San Francisco-based company that’s headed up by former Sequoia Capital partner Warren Hogarth and which just closed on $20 million in Series A funding from Icon Ventures and Defy Ventures.
- Categories
- Finance
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Microsoft Launches Entrepreneurship Program Targeted at Social Entrepreneurs
According to Microsoft, the criteria to qualify for the program include a business metric that measures the impact on an important social or environmental challenge; having an established product or service that will benefit from access to enterprise customers; and a commitment to the ethical and responsible use of artificial intelligence (AI).
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New Technologies Have Historically Led to Increased Inequality—Not Anymore
New developments can be an amazing social equaliser: 3D printing is democratising manufacturing, while mobile banking provides easy access to banking services and increases the earning power of small businesses. But access to technology often dictates what opportunities are available.
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- Technology
- Region
- South Asia
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Press Release: Microsoft Launches New AI for Good Program, AI for Health, to Accelerate Global Health Initiatives
The talent and resources required to equip health researchers with tools to deploy AI and data science is unevenly distributed. Less than 5% of the world's AI professionals today work in health and nonprofit organizations. It is crucial to provide these mission-driven researchers with the tools they need to accelerate and expand their work.
- Categories
- Health Care, Technology