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51 Breakthrough Technologies to Defeat Poverty
Simple technologies like Kenya's M-Pesa mobile money system can have a huge impact in the developing world. Offering something genuinely new, reliable and, above all, cheap, they can stitch together communities, catalyze markets, improve economies, and ultimately change lives.
- Categories
- Energy, Technology
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Hialeah Health-Tech Firm Attracts Investor Attention
Working out of a Starbucks in 2012, Obdulio Piloto saw an article about the Peter Thiel Foundation’s Breakout Labs’ funding effort for revolutionary technology projects.
- Categories
- Health Care, Technology
- Tags
- impact investing
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Report: Using Malware, Hackers Steal Millions From Banks
Putting in place a sophisticated digital racket, hackers were able to steal millions of dollars from up to 100 banks in what the Russian cybersecurity company Kaspersky Lab is calling "the most successful criminal cyber campaign we have ever seen."
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- Technology
- Tags
- cybersecurity
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Press Release: Moven Founder Brett King Appointed to Center for Financial Services Innovation Board of Directors
Moven, the first app and debit card to provide real-time behavioral feedback to help users change their spending habits and save more, announced today the appointment of Founder and CEO Brett King to the Board of Directors of the prestigious Center for Financial Services Innovation (CFSI).
- Categories
- Technology
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Kenya’s Mobile Money Use Swells to a Record $50,000 per Minute, $26.1 Billion Annually in 2014
Kenya's 2014 mobile money use surged to a record 26.1 billion U.S. dollars, an increase of about 4 billion dollars from previous year.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Nandan Nilekani Plans Tech Project ‘Ek Step’ to Hone Children’s Basic Skills
Infosys co-founder and billionaire Nandan Nilekani, who spearheaded the country's massive unique identification project, is gearing up for an equally ambitious project - to help elementary school children across the country improve their reading and arithmetic skills using low-end tablets and smartphones.
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- Education, Technology
- Region
- South Asia
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This App Wants You to Borrow Money From Friends, Not Banks
Long ago, your parents probably gave you some advice: never borrow money from a friend. More importantly: never let your friends borrow from you. If the movies have taught us anything, it’s that mixing money and friendship rarely ends in anything other than blood and tears.
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- Technology
- Tags
- lending
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Another Inconvenient Truth: Vice Pays
The politically correct and socially sustainable is, though certainly laudable, not particularly profitable. Investors shunning sin stocks manage portfolios that are, on average, significantly less profitable than those possessed by shareholders without similar scruples.
- Categories
- Technology
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