More Tech Salons About mobile money
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NGOs and social service organizations are increasingly turning to mobile technology as a tool for designing and delivering services to the poor, whether in health, education or any other sector. And of course a major element of these services is often the delivery of cash transfers, for which mobile money can play a critical role….
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We looked at the role of mobiles in youth financial inclusion at our March 11th Technology Salon in New York City. Tim Nourse, Making Cents; Peter Goldstein, Intermedia; and Jamie Zimmerman, Bankable Frontier Associates; joined as lead discussants. Though mobile financial services are seen by many as inevitable, some Salon participants felt that, like in…
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Migration is central to the current political debate as well as to the development discussion, especially in conversations about the “post 2015” agenda, the ‘youth bulge’, and youth employment. Prevention work is not likely to end migration, regardless of the organizations and governments working to improve the well-being of children and youth in their home…
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The salon style conversation featured Columbia University and popular aid blogger Chris Blattman, GiveDirectly co-founder and UCSD researcher Paul Neihaus and Plan USA CEO Tessie San Martin. The ensuing discussion, operating under the Chatham House Rules of no attribution, featured representatives from large NGOs, microfinance organizations and UN agencies. Research from Kenya, Uganda and Liberia show both the promise and shortcomings of cash transfers.
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Let us start with the classic (borderline cliché) development proverb: if you give a man a fish, he eats for a day, but if he is taught how to fish, he will eat for a lifetime. It was this analogy that got conversation started at the latest Technology Salon, “Are Mobile Money Cash Transfers the…
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Open your wallet right now. Most likely, you have a debit card, a credit card, a health insurance card, and access to the massive financial infrastructure that these three cards represent. The ability to store, save, use, and borrow money anywhere in almost limitless fashion, without worry about amount, theft, or even making change. Add…
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Terms like mobile money, mPayments, and M-PESA are all the rage in International development these days, but what do they really mean for the national development of countries we attempt to help? Menekse Gencer of mPay Connect will lead us in a discussion of mobile financial services, the full gamut of finance that is now…
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Let us start by agreeing that technology has great promise in increasing the economic empowerment of youth in the developing world. We all believe it. But what is that promise in reality? Which technologies hold greater promise? What innovations work? That was the issue we discussed at the Technology Salon on Youth Economic Empowerment with…
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According to Women & Mobile: A Global Opportunity (PDF), authored by Vital Wave Consulting and sponsored by the GSMA Development Fund and the Cherie Blair Foundation for Women, the 73% of women in Sub-Saharan Africa and South Asia who do not have a mobile phone represent $13 billion per year in incremental revenue for mobile…
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Brooke Partridge, CEO of Vital Wave Consulting, put forth a startling proposition in a previous Technology Salon. She described a new ICT4D paradigm: Women + Mobile Phones + mServices = Economic Development. She believes that combining the traditional role of women in the family and the power of services delivered through the mobile phone (mServices)…
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For the July Technology Salon, we’re returning to the cellular technology world, with a twist. We’ll be discussing mobile banking, m-Banking, but we’ll move beyond the handsets and the hype to discuss the legal frameworks required to make it a reality.
In some countries, text messages cannot be used as evidence in court – a problem if that’s all you have to show for a money transfer. In other regions, cross-border and multi-currency transactions is the domain of banks, not mobile operators. In either situation or more, what is the development community’s response to facilitate m-Banking?
Please join Michael Tetelman of AED, and Ann Casanova of CARANA, at the UN Foundation headquarters for a vibrant discussion of their work in overcoming legal and regulatory barriers to make local and intra-regional m-Banking a reality in the developing world.