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Viewpoint: Give Everyone Government Bank Accounts
A radical new idea from two former Obama officials could revolutionize the way Americans manage their money.
- Region
- North America
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Internalizing Innovation: It’s About Creating a Culture, Not a Product
Innovation holds the key to expanding financial health for low- and moderate-income households—but how can organizations foster a culture of innovation, rather than treating it as a one-off event or a process fix? MetLife Foundation and UNCDF are launching two new innovation hubs in China and Malaysia that aim to promote this cultural shift. Krishna Thacker and Jaspreet Singh discuss the program's unique approach.
- Categories
- Education, Entrepreneurship, Inclusive Fintech
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How Western Definitions Perpetuate Ethnocentric Bias – Even Among the Social Impact Crowd
You'd think that ethnocentrism – judging another culture by the standards or values of one's own – would be relatively rare in the global, cosmopolitan social impact sector. In fact, says KadAfrica founder Rebecca Kaduru, it's alive and well, as social entrepreneurs must often adapt to ethnocentric definitions to secure the funding necessary to grow their enterprises. She explores why this dynamic has to change.
- Categories
- Agriculture, Education, Entrepreneurship
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OPIC Provides $5 Million in Financing to Grameen Impact Investments India
The Overseas Private Investment Corporation (OPIC) announced that $5 million in local currency financing has been mobilized to Grameen Impact under an OPIC loan guaranty agreement with India’s IndusInd Bank.
- Categories
- Investing
- Region
- South Asia
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Almost half of the world’s population still doesn’t use a bank account
The World Bank recently released data on the state of global financial inclusion, and the results are eye-opening.
- Categories
- Inclusive Fintech
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Cutting Edge Agriculture: How Artificial Intelligence, Satellites and Big Data are Transforming Farmers’ Access to Finance
There are many reasons for the $450 billion global agricultural finance gap. But much of the challenge stems from lenders' inability to monitor farmers' output, estimate their income and assess their risk of default, says Ruchit G Garg of Harvesting Inc. He explores how artificial intelligence and satellites are addressing that data imbalance, helping lenders reach many of the world’s 500 million smallholder farmers for the first time.
- Categories
- Agriculture, Technology
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Press release: GSMA and W20 Announce Call to Action to Close Digital Gender Gap Ahead of G20 Summit
“The GSMA has been privileged to help shape the W20 recommendations, which will provide an actionable roadmap for the G20 nations to drive gender equality policies around the world,” said Mats Granryd, Director General of the GSMA. “These recommendations underline the importance of closing the digital gender gap by removing barriers to access and use, and promoting policies that encourage the digital inclusion of women. We believe this approach will ensure women and girls play a major role in shaping our future digital economies.”
- Categories
- Technology
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Press release: Vodafone Americas Foundation Reveals Winners of 10th Annual Wireless Innovation Project
$600,000 in total prizes awarded to SMART, cerVIA and ENVIsion Mobile for their promising mobile innovations designed to impact the global community in the fight against disease and financial illiteracy.
- Categories
- Health Care, Inclusive Fintech, Technology
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