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This Idea for Fighting Global Poverty Keeps Getting Hotter, Especially in Silicon Valley
Interest keeps growing among funders in the idea of fighting global poverty by making direct cash transfers to poor households and letting the recipients spend that money as they see fit. And nowhere is this interest stronger than in Silicon Valley, where GiveDirectly—the lead nonprofit promoting cash transfers—has found some powerful allies.
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- Technology
- Region
- North America
- Tags
- global finance, technology
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Latest GSMA Report Highlights Success of Mobile Money with over Half a Billion Accounts Worldwide
The GSMA today unveiled its sixth ‘State of the Industry Report on Mobile Money’, offering a current snapshot of the mobile money landscape and highlighting the impact of mobile money on lives, economies and innovation over the past 10 years. The report provides the only comprehensive picture of mobile money around the globe.
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- Technology
- Region
- Europe & Eurasia
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Microloan approvals done in 7 minutes, not 7 days in India
Bharat Financial Inclusion, India's second-largest microfinance company, has linked its credit systems to the national database to speed up cheaper financing to those at the margins.
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- Technology
- Region
- South Asia