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Deciphering the Data Deluge: Making Data More Useful for Financial Inclusion
Data can have a transformative impact on financial inclusion efforts. But it will reach its full potential only if industry stakeholders can truly understand and utilize it for the benefit of customers. In this Q&A, Camilla Nestor, CEO of MIX, discusses how MIX's FINClusion Lab is making data available to financial services providers, regulators, policymakers and others in a format they can actually use.
- Categories
- Finance, Technology
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Opinion: Angus Deaton and the Location of Poverty
In short, the Nobel laureate's recent claim that 5.3 million Americans live below the World Bank's absolute poverty line—and thus foreign aid should be redirected back home—compares income data for the US to consumption data from developing countries. Comparing like with like suggests a very different picture.
- Region
- North America
- Tags
- data
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For India’s Farmers It’s Agtech Startups, Not Government, That Is Key
It’s been quite a challenge in recent decade in Indian agriculture, starved of financial resources and continuing neglect by the government, and is likely to become more difficult over the next few decades as weather patterns, available water and growing seasons shift further.
- Categories
- Agriculture, Technology
- Region
- South Asia
- Tags
- agtech, climate change, data, startups
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Press release: Acumen launches energy impact report
The Energy Impact Report, the first of its kind for the organization, is the culmination of 7,500 interviews with 5,500 off-grid energy customers across 11 countries using Acumen’s Lean Data methodology. Designed specifically for social enterprises, Lean Data is a customer-centric, technology-based approach to impact measurement that enables Acumen to speak directly with low-income customers at scale and collect high-quality impact data at a fraction of the cost of existing approaches.
- Categories
- Energy, Impact Assessment
- Tags
- data
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Citi Is First U.S. Bank To Respond To Shareholder Pressure To Close Gender Pay Gap
Citi's announcement represents a major shift for U.S. banks and credit card companies, since no financial services company so far targeted by shareholders for gender pay has taken such action.
- Region
- North America
- Tags
- data, gender equality
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MTN and Vanu partner to bring connectivity to rural Rwandans
MTN and Vanu have announced the integration of the two networks with an aim to extend MTN’s Network in rural areas which are currently unconnected in Rwanda.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Alibaba’s payments affiliate apologises for opting in users for credit scoring system
The incident comes as Chinese users grow increasingly concerned about user privacy and how China’s tech giants are handling personal information. In China, laws require companies to store users’ data on servers in the country, and Chinese tech companies reportedly pass on data when the Chinese government makes a request.
- Categories
- Finance, Technology
- Region
- Asia Pacific
- Tags
- credit scoring, data, fintech
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The UBI Debate: What We Know – and Don’t Know – About Universal Basic Income
Policymakers from Nairobi to Silicon Valley have lately been considering the same approach to reducing poverty: universal basic income (UBI). Evidence from ongoing randomized evaluations will be key to understanding the impact of UBI, and how this disruptive concept might fit into a broader portfolio of social policies. In the meantime, there is much we already know from impact evaluations of related interventions that can help make sense of the debate. Alison Fahey at J-PAL provides an overview.
- Categories
- Uncategorized
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