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Responsible Finance: Moving Money from Mattresses to Mobiles
Technology has made it possible for lower-income people living in developing countries to access financial services that were previously beyond their reach. FINCA Impact Finance CEO Andrée Simon says her firm's new smartphone app, SimSim, which recently emerged from its pilot phase and already has 35,000 users, strikes a balance between the personal touch and modern fintech automation.
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- Finance, Technology
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Juvo raises $40 million to bring financial inclusion to emerging markets
Juvo joins companies like Branch and Tala in bringing financial services to the underserved in developing markets.
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- Uncategorized
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Fear of a Jobless Planet: Can Entrepreneurship Counter the Coming AI Employment Crisis?
Imagine a future where robots are capable of doing just about everything under the sun, rendering countless professions across practically every industry obsolete. The first part of that dystopian vision has already come to pass. The second part hasn't, but could well be coming. What might be the solution? According to what we learned in July – entrepreneurship month at NB – it might fall on small businesses to answer the challenge.
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- Social Enterprise, Technology
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FINCA gears up for digital disbursement solutions in Pakistan
The bank will use gadgets to get all necessarily details of the client via biometric verifications, thereby reducing the loan-processing time to within 48 hours. Apart from gadgets, the bank’s newly launched mobile wallet, SimSim appears to be the management’s hope to increase foothold in rural localities.
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- Technology
- Region
- South Asia
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Runaway Trains of Thought: How Boosting Cognitive Bandwidth Can Fight Poverty
Cognitive bandwidth allows humans to reason, focus and resist impulses – and unfortunately, we have only a limited amount of it. Everyone struggles to make decisions when they run low on cognitive bandwidth, but the added stress of poverty consumes more of it. Creating simple ways to free this bandwidth, whether through money or time, can elevate helpful anti-poverty programs into transformative ones, according to ideas42.
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- Health Care
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3 ‘model countries’ selected for a new financial inclusion initiative
“The three countries selected were chosen based on potential for country programs, level of national government and private sector commitment to financial inclusion, number of people that could be reached through digital financial services, and potential for reforms to encourage innovation and digital technologies use,” read a statement issued Thursday.
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- Uncategorized
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Five Keys to Raising Social Enterprises’ ‘Talent Quotient’
Working toward social impact is a people business, but many organizations and enterprises struggle to find the time and resources to support the people who work for them. Nicole Etchart, co-founder and co-CEO of impact investing firm NESsT, offers leaders of social enterprises a guide to building their teams and optimizing their talent as an investor would.
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- Investing
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New Report Details How Legacy Financial Institutions Are Deepening Financial Inclusion Through Fintech Partnerships
The report, "How Financial Institutions and Fintechs Are Partnering for Inclusion: Lessons from the Frontlines" is based on 24 in-depth interviews with firms and experts from around the world, and highlights 14 partnerships in as many countries.
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- Uncategorized
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