1. Financial Inclusion: As part EMERGE: The Forum on Consumer Financial Service Innovation, attendees got a taste of what it is like (including how expensive it is) to be unbanked. American Banker
2. Student Debt: Despite the fact that student debt in the US passed the $1 trillion mark, new research from the NY Fed shows many borrowers are not aware of what happens if they default. Liberty Street Economics
3. Financial Services: Google created a new service that searches Gmail accounts for correspondence from creditors then sends a reminder when a bill is due with the amount owed. PYMNTS.com
4. Microinsurance: "How Mobile Phone Carriers Are Helping Insure The 4 Billion People Who Live Without A Safety Net" Fast Company
5. Mobile Money: The winning entries in BRAC's innovation fund for mobile money challenge include new approaches to promoting adolescent savings, microinsurance, and distributing disaster relief. BRAC Blog
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Editor's Note:
If you were hoping that the faiV would be a pleasant distraction from the overwhelming flow of AI-related content, sorry. For the record, the faiV had “ai” built in before Anthropic existed. And a housekeeping note: we’ve finally jumped ship from Mailchimp to NYU’s mailing platform—I guess if you’re reading this it’s been a seamless transition and if you’re not, well, you’re not. Feedback on the faiV’s content and format and delivery methods is always welcome, just drop me an email.
- Tim Ogden