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Moving Beyond Credit: Why Savings Should Take Center Stage in Digital Financial Inclusion
As mobile money continues to overtake traditional banking in emerging markets, putting financial services within reach of the unbanked, credit remains front and center in the conversation. But Buhle Goslar at JUMO says it's time to focus on an important yet underutilized tool that could help promote a well-rounded, healthy financial life for excluded customers – savings. She details how new tech and training programs can go beyond simple access and towards a new culture of savings.
- Categories
- Finance, Technology
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Ethiopia’s Tech Startups Are Ready to Run the World, but the Internet Keeps Getting Blocked
As a heavily regulated market with low internet penetration, young techies in the Horn of Africa nation, he says, already suffer from the negative perception that they couldn’t be where Africa’s next high-tech workforce is nurtured.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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MTN Introduces Africa’s ‘First’ AI Service For Mobile Money
The AI mobile money “assistant” enables customers to engage with MTN’s MoMo services, including payments, on various social media platforms such as WhatsApp and Facebook Messenger, and via SMS.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Experts Tout Benefits of AI, Machine Learning in Global Health Crisis
From helping doctors make diagnostic decisions to preventing disease outbreaks, artificial intelligence (AI) brings excitement in improving global health while posing serious privacy concerns, experts have said.
- Categories
- Health Care, Technology
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Speculating on the Future of Financial Inclusion: Predictions, Solutions (and Warnings) for the Next 20 Years
We live in extraordinary times: In the next 20 years, futuristic technologies like drones, driverless cars, virtual reality and robotics will transform communities and entire industries. Meanwhile, says MSC founder Graham Wright, breakthroughs in areas like artificial intelligence, big data and mobile connectivity will have a similar impact on financial inclusion. Wright makes some bold predictions, and highlights the trends and technologies that are likely to play important roles in the sector’s development.
- Categories
- Finance, Technology
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Artificial Intelligence for Social Change
AI can consistently provide trusted, personalised healthcare information to large populations, and when responsibly designed, can help people access the resources they may need.
- Categories
- Health Care, Technology
- Region
- South Asia
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Perspective: Will AI kill developing world growth?
Artificial intelligence (AI) could displace millions of jobs in the future, damaging growth in developing regions such as Africa, says Ian Goldin, professor of globalisation and development at Oxford University.
- Categories
- Technology
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Viewpoint: Can Digitalisation Save Us?
On the research side, sustainability scholars and practitioners have largely ignored digital upheavals. And pioneers of digitalisation have shown little interest in the most pressing global problems. This must change.
- Categories
- Technology