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Pandemic Draws More Latin American Poor Into Banking System
Sonia Fierro has lived her entire adult life selling children’s books on the streets of Colombia’s capital, earning wages that barely cover her living expenses, let alone the monthly fees that come with a bank account.
- Categories
- Coronavirus, Finance
- Region
- Latin America
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WhatsApp Begins Rolling Out Payment Service in India
Facebook-owned WhatsApp finally receives regulatory approval
- Categories
- Finance, Technology
- Region
- Asia Pacific
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Press Release: WorldRemit Sees Remittances To Zimbabwe Double in Six Months and Introduces New Retail Partnership With Ok Zimbabwe
Earlier this year, the World Bank forecasted that in the wake of the Covid-19 economic crisis, remittance flows to Sub Saharan Africa would fall by 23.1%. However today, WorldRemit, the global online money transfer service has reported that the demand for their remittance services to Zimbabwe continues to grow at an accelerated rate and has doubled in the last six months for the company.
- Categories
- Entrepreneurship, Finance, Technology
- Region
- Sub-Saharan Africa
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When the Economics Don’t Work: Realigning Capital Markets with Development Impact
Agricultural SMEs in Africa face a daunting finance gap, and as Brian Milder, founder and CEO at Aceli Africa points out, current lending approaches aren't enough to fill it. He explores Aceli's solution: taking blended finance a step further by creating a mechanism to align impact with financial sustainability for capital providers across the entire marketplace.
- Categories
- Agriculture, Finance, Investing
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Optimizing Incremental Building: Why the Answer To Decent, Affordable Housing for All Is Hidden in Plain Sight
The scale of the global housing challenge is enormous, with an estimated 1.6 billion people worldwide lacking adequate shelter. As a huge percentage of homebuilders around the world build incrementally, analysts at Habitat for Humanity’s Terwilliger Center for Innovation in Shelter explore how optimizing the incremental building process could present an effective solution.
- Categories
- Environment, Finance
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Businesses Behaving Badly: The Troubling Parallels Between Microfinance and Facebook
Chuck Waterfield left microfinance five years ago, after working in the sector for three decades. He stopped using Facebook three years ago, after using the platform for about 10 years. As he explains, he left them both for a similar reason: Their business models have grown increasingly problematic over time – and without external intervention, things are likely to get worse.
- Categories
- Finance, Technology
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Press Release: Apollo Fintech Announces Completion of the First Blockchain National Currency Platform
Blockchain company Apollo Fintech is announcing the completion of its National Payment Platform (NPP), an innovative cashless system that enables a central bank to issue a sovereign, digital currency (stablecoin) for national adoption.
- Categories
- Finance, Technology
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Analysis: 3 Steps for Emerging Markets to Recover From COVID-19
The economic impact of the COVID-19 pandemic on emerging market economies far exceeded that of the global financial crisis. Unlike previous crises, the response has been decisive just like in advanced economies. Yet, conventional policies are reaching their limit and unorthodox policies are not without risks.
- Categories
- Coronavirus, Health Care
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