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People-Centered Finance: How behavioral economics can improve financial products – part 2 of our Q&A with Alexandra Fiorillo, VP at ideas42
Why do people struggle to make sound financial decisions? Answering that question is one of the missions of ideas42, a consulting organization that specializes in behavioral economics, the study of how market decisions are made. We spoke with Alexandra Fiorillo, a vice president at ideas42, about how behavioral economics can improve financial product design.
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India launches first bank exclusively for women
India launched its first public sector bank catering for women on Tuesday, an initiative aimed at economically empowering millions of women across the country who do not have access to basic financial services such as bank accounts or loans.
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- Uncategorized
- Region
- South Asia
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PHOTOS: What If The Poor Weren’t Marginalized?
The idea of "financial inclusion" can seem abstract or difficult to comprehend until you put a human face on it.
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- Uncategorized
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The Power of Choices: Applying behavioral economics to financial services – part 1 of our interview with Alexandra Fiorillo, VP at ideas42
If you’re working to alleviate poverty, steering people toward wise financial choices can make a huge difference. That’s why we’re excited to introduce ideas42, a consulting organization that specializes in behavioral economics, as a content partner on NextBillion Financial Innovation. We spoke with their VP Alexandra Fiorillo about how behavioral economics can be used to promote financial inclusion and improve lives at the BoP.
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- Finance
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Building the Business Case for Youth Financial Services: UNCDF, MasterCard Foundation provide lessons for financial services providers
Of the 1.2 billion youth in the world, 130 million are out of school, 45 percent live on less than US $2 a day, and 50 percent do not participate in the labor force. Is there a business case for creating financial products for them? YouthStart tested approaches for serving low-income young people in a sustainable manner, and their recent report aims to inform successful long- term strategy for financial service providers.
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- Education
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Mobile money meets credit card in Ghana
MTN and Visa have partnered to offer customers a mobile payment solution which allows MTN Mobile Money users to make face-to-face and online transactions wherever Visa is accepted.
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- Uncategorized
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- Sub-Saharan Africa
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Why Kenya’s mobile leaders are optimistic about 2014
MEF, the global community for mobile content and commerce, today launched the first report of a three-country African Growth Market Study on mobile content and commerce.
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- Uncategorized
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- Sub-Saharan Africa
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Mobile banking clients cross 10m mark in Bangladesh
“The milestone has been achieved in just three years, contributing a lot to the financial inclusion initiative”
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- Uncategorized
- Region
- South Asia
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