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Impact Focus – Companies and founders disrupting the global financial technology market

Gold is still king in some less developed parts of the Asia-Pacific region. Khmers, Malaysians, Thais and others still use it to bypass financial institutions that have been tainted by widespread banking malpractice.  Maybe...
The latest tool in the global push toward environmental sustainability may be an enhanced financial statement. Researchers at Harvard Business School suggest that business leaders need a quantifiable way to assess the impact that...
Israel’s first new bank in 47 years will be making interest-free and low-interest loans, continuing the social impact tradition of its successor organization. Non-profit lender Ogen Bank, which is in the late stages of...
Hewlett Packard Enterprise has found that sustainability isn’t just good for public relations. Along with a growing number of leading companies, the IT giant is discovering it’s also a profit generator.  “We must rethink...
Citigroup, ready to meet a ten-year $100 billion sustainability goal four years ahead of schedule, named the executive in charge of the initiative to the new position of chief sustainability officer as the company joins a host...
Millennials without credit scores, freelancers and low-income people with no experience in handling finances aren’t the usual groups that the banking industry targets. But three fintech startups believe they can cater to these underserved customers in ways...
UBS raised $225 million from private clients for KKR’s Global Impact fund, the latest example of major financial institutions responding to demand for more social impact investing opportunities. The UBS fundraising is part of...
Revolut, the British digital bank shaking up the industry, is going global in a big way: in a deal with payments giant Visa Inc., it’s tripling its total employees and expanding to 24 new markets. 
China’s Central Bank is preparing to launch a fresh round of regulations covering 17 financial services technologies, including blockchain, a high-ranking official said. People’s Bank of China Vice President Yifei Fan’s remarks Wednesday come...
Key Takeaway: As big banks like Wells Fargo, JPMorgan offer stablecoin cryptocurrencies, and Facebook and Walmart reportedly plan theirs, smaller providers are plotting how to stand out...
The premise of impact investing is simple: Investors deploy capital in ways that return a profit, and simultaneously make the world a healthier place. Put that way, it’s hard to see why impact investing isn’t part of...
If J.P. Morgan Chase & Co.’s latest moves around the world are any indication, the world’s sixth-largest bank is getting anxious and wants to be at the forefront of the global banking revolution sweeping fintech and digital...
Institutional investors are likely to rate white-led investment teams higher than those led by black fund managers that were equal in performance, leading to racial disparities in how trillions of dollars are invested, according to research by...
Not enough investment capital is flowing into emerging and frontier markets despite potential for strong returns and the opportunity to help the world’s poorest communities, according to a recent report from the Global Impact Investing Network. 
It is time for investors and the businessworld to end its focus on economic growth and short-term gains and switch their attention to what is best for society and the environment.That’s the stance taken by two of...
British digital bank Revolut withdrew its application for an e-banking license in Luxembourg, after a member of the country’s parliament questioned whether the company was complying with fintech regulations.   The Telegraph reported that Laurent...
This content is brought to you in partnership with Savvy Investor Two significant shifts are reshaping the private funds and investment industry today. Millennials and Generation Z consumers, their values and how these values...
Key Takeaway: It should come as little surprise that the City of London is a magnet for fintech, though it may be challenging for the capital to...
PayPal has been on a mission to address financial inclusivity for a while now. Recently, the digital payments giant looked inward. “We surveyed 9,000 employees and found that 60% of them struggle to make...
Key Takeaway: Private equity investors are relying more on the United Nation’s Sustainable Development Goals to guide their funding choices in emerging markets, a panel in London...
Deutsche Bank is turning to robots and artificial intelligence as it fires thousands of workers in an overhaul focused on ending a string of billion-dollar losses.   The German bank is bringing in A.I. to...
With record money flowing into investment funds marketing themselves as socially responsible, it was only a matter of time before regulators stepped in to check how the cash is being invested.The Securities and Exchange Commission has sent...
Jack Ma’s last day as Alibaba’s top executive was on Tuesday, but he’s hardly going quietly into the night. Nor is Ma relinquishing control of the company he started 20 years ago in an apartment and built...
This content is brought to you in partnership with EMPEA. The United Nations Conference on Trade and Development estimates that meeting all 17 of the Sustainable Development Goals by 2030 will require between $5...
The U.S. government’s monopoly on student loans may be one reason why startups innovating in the space haven’t seen a higher level of investment. An estimated 45 million Americans hold educational debt, and many...
Key Takeaway: Panelists at the Global Impact Investing Network Investor Forum in Amsterdam challenge investors to change portfolios to reflect urgent global needs
This piece is brought to you in partnership with the Conduit Connect. With tangible spending data, the statement “vote with your dollar” can be more than just a feel-good phrase -- but the lack...
Hackers trying to take control of bank and credit card accounts are on the rise, and are now among the biggest challenges for U.S. financial authorities, a top U.S. Treasury Department official said recently.
Russians are increasingly using mobile wallets to pay for groceries and bills as cashless technologies disrupt the financial services industry, extending their reach across the world’s largest country. The number of purchases made with smartphones has jumped...
You may not immediately utter social impact and Bank of America in the same breath, but the giant lender kicked off its impact investing program for retail clients back in 2013. “It is...
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