The faiV

Week of March 2, 2015

1.  Mobile Banking: The newly released report, State of the Industry 2014:  Mobile Financial Services for the Unbanked, shows 255 mobile money services are now live across 89 countries and the number of registered mobile money accounts globally grew to just under 300 million in 2014. GSMA

2. Health:  "When you ask people what impacts health you'll get a lot of different answers: Access to good health care and preventative services, personal behavior, exposure to germs or pollution and stress. But if you dig a little deeper you'll find a clear dividing line, and it boils down to one word: money."  NPR

3. Payday Lenders:  Some two dozen Native American tribes are trading casinos and cigarettes for payday loans.  The new lending ventures bring in much needed revenue for many reservations - but at what cost to borrowers?  The Washington Post

4. Student Debt:  Could student debt cancellation act as a long-term economic stimulus? Is it worth the upfront investment and forgone short-term revenue?  The New York Times

5. Mobile Money Agents: Agents across Kenya frequently refuse mobile money transactions because they are mentally re-balancing their accounts to solve their "I don't have enough float" quandary.  Microsave

Tweet of the week. . . 


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