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Morgan Stanley Wealth Management Launches Two Sustainable Investing Portfolios with Reduced Account Minimums
Morgan Stanley Wealth Management today announced the launch of two sustainable investing model portfolios with reduced account minimums of $10,000 on its Investing with Impact platform. These new portfolios – Investing with Impact Access Balanced and Investing with Impact Access Equity – will provide investors with diversified goal-specific solutions to help align financial goals with personal values
- Categories
- Impact Assessment, Investing
- Region
- North America
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Safaricom and mSurvey launch Consumer Wallet to map Africa’s cash economy
Kenya’s leading mobile provider, Safaricom, is teaming up with data collection startup mSurvey to launch Consumer Wallet ― an online platform using mobile and SMS to map Africa’s cash-based economy.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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FinTech’s Elephant Seal Problem
Like the elephant seal, most fintech companies are focused on growing as large as possible. That means they usually choose a free business model to facilitate growth. Kristen Berman and Wendy De La Rosa of the Common Cents Lab say there's a better way: Abandon the free model and focus on removing the true psychological barriers to financial management.
- Categories
- Technology
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Study: Is India’s flagship financial inclusion initiative bearing fruit on the ground?
There is a big debate about the role of financial markets and products in shaping consumer welfare and real economic activity. In developed economies, there is an increasing discussion that financial sector may have become inefficiently large and products offered to households may have become excessively complex. In contrast, in many developing countries, like India, there has been a significant push to increase the usage of financial products – to “complete” the market. While there is some empirical literature on the former, evidence on the latter is scant.
- Categories
- Uncategorized
- Region
- South Asia
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Easypaisa to part ways with Telenor Pakistan
Telenor Pakistan launched Easypaisa in 2009 with the approval of the State Bank of Pakistan. ProPakistani reported that Easypaisa, which is Telenor Pakistan’s Mobile Financial Services Division, will be transferred to Tameer Microfinance Bank. Telenor Group wholly acquired Tameer Bank last year. At that time, it was announced that Telenor Pakistan will transfer the management of Easypaisa to Tameer.
- Categories
- Technology
- Region
- North Africa & Near East
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WFP Launches First Mobile Cash Transfers For Humanitarian Assistance In Myanmar
The United Nations World Food Programme (WFP) has launched the first pilot programme using mobile cash transfers for humanitarian assistance in Myanmar. Between 27 February and 1 March, 112 conflict-affected internally displaced families in three camps in Myitkyina Township of Kachin State received a monthly electronic credit allocation of MMK 9,000 (US$ 7) per person for vulnerable households.
- Categories
- Technology
- Region
- South Asia
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National Microfinance Bank to digitize agricultural sector in Tanzania
National Microfinance Bank Pic (NMB) has signed a strategic partnership agreement with Mastercard to ensure the digitization of the agricultural sector in Tanzania with the roll-out of eKilimo, a mobile solution developed by the Mastercard Lab for Financial Inclusion.
- Categories
- Agriculture, Technology
- Region
- Sub-Saharan Africa
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Social Business Roundup: A Defiant Asset Manager, Salty Doorknobs and Who Has it Worse?
This week in social business, the world's third-largest asset manager is pressuring companies to add more women to their boards; a Nobel Prize winner's ponderings on inequality within nations might make you rethink life in America; and salt earns a chance to be a hero – for a change.
- Categories
- Energy, Environment, Health Care, Investing
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