“If we want to have more women in tech, it is not enough to get more women engineers and executives—we need more women founders, because it is the founders of companies that set the cultural tone for so much that happens in Silicon Valley.” –...
Too many people worldwide have been living without financial services for too long. Michael Liberty, Founder and Leader of Global Strategic Initiatives at Mozido, says that it’s time for a revolution – and he shares his plan for igniting it.
More than 2 billion people globally lack access to traditional financial services. PYMNTS collaborated with Mozido to create the PYMNTS Financial Inclusion Tracker, which dives deeply into the root causes of this problem and the methodology that can solve it. On a recent podcast,...
JP Morgan Chase’s new global think tank is working with policy makers and economists in an attempt to tap into big data insights to better understand how changes in individual financial behaviors affect the economy as a whole, reported Financial Times Wednesday (May 20). The bank...
The assumption that governs commerce in the 21st century is that money is, and should be, easily moved. And, for the most part, on the consumer side of transactions that is true in the developed world to the extent that the ability to quickly and...
It is a good time to be Lending Club. Shares in the P2P lending platform ticked up 4 percent this week, according to the Associated Press, following a stronger than expected Q1 result and a revised outlook for the rest of the year that has improved,...
Since its launch in 2008, the crowdfunding startup GoFundMe has been a bootstrapped operation. It seems that may be about to change, according to sources who spoke to TechCrunch. Sources further noted that one potential equity funder could be Accel Partners, who is rumored to...
The two biggest mobile money operators in East Africa have joined forces. Yesterday (April 21), Vodafone M-Pesa and MTN Mobile Money announced an agreement to interconnect their mobile money services, allowing customers of one to transfer and receive funds to and from customers of the...
The ranks of the unbanked are getting smaller around the world, according to a new report released by the World Bank. Between 2011 and 2014, the unbanked population dropped from 2 billion adults (20 percent of the world’s population) to 1.3 billion as 700 million...