As the world grows ever more connected, access to financial tools has expanded dramatically. Today, 79% of adults worldwide have a bank account, an increase from 51% in 2011. This is a remarkable gain.
By providing a more holistic view to banks and empowering entrepreneurs, we seed the conditions for economic growth and create opportunities for responsible lending that can revitalize underdeveloped neighborhoods and underserved communities. We see how greater access to credit can deliver the economic benefits that stem from creating more jobs and higher wages. It’s why we’re more committed than ever to supporting an inclusive financial system that works for all.
Wells Fargo & Company (NYSE: WFC) today announced it has deployed its Mobile Response Unit to provide housing recovery assistance as well as help for auto, credit card, personal lines/loan, student loan and small business loan customers in the Panhandle and surrounding areas impacted by Hurricane Michael.
In 2017, the World Economic Forum reported that the global gender gap had widened for the first time. This regression stands to hit women and girls at the Base of the Economic Pyramid (BoP) hardest, as many lack independent sources of income or decision making power for themselves and their families.
KMF, a Kazakhstan-based microfinance organization, joins Business Call to Action (BCtA) with a commitment to expand access to financial products and services for 40,000 new micro-, small- and agrobusiness customers across Kazakhstan by the end of 2018. KMF also commits to ensuring at least half of its new clients will be women, and will actively engage potential clients from rural areas.
Big Data, Robotics, Artificial Intelligence, and the Internet-of-Things are completely revolutionizing the way we work, learn and live. Advances in technology are saving lives, overcoming infrastructure challenges, and bringing goods and services to communities formerly cut off, whether through physical or economic isolation.
The Center for Financial Services Innovation (CFSI), the nation’s authority on consumer financial health, in partnership with the Omidyar Network, MetLife Foundation, and AARP, today unveiled its inaugural U.S. Financial Health Pulse, the first-ever annual benchmarking survey around a composite financial health framework that provides a holistic look at how people in America manage their finances day-to-day, build resilience, and pursue opportunities over time.
Today, American Express, the National Trust for Historic Preservation and Main Street America announced the winners of the 2018 Partners in Preservation: Main Streets campaign. The 11 winning historic sites will receive a total of $1.6 million in grants to fund their respective preservation projects. At the outset of the campaign, an additional $400,000 was allocated to the 20 Main Street communities that participated in the program to increase public awareness of the importance of these historic places and build grassroots support for the participating Main Street districts.
The number of new cancer diagnoses is increasing. In 2018, more than 1.7 million Americans will be diagnosed with cancer – that’s 46,570 more cases than in 2017. This increase in diagnoses is proof that prevention and early detection are more critical now than ever. And research shows that up to 50 percent of cancer cases and about 50 percent of cancer deaths are preventablewith the knowledge we have today. Addressing this issue is the Prevent Cancer Foundation®, which is working to reduce the cancer mortality rate by focusing on research, education, outreach and advocacy for cancer prevention, and for early detection when cancers are most treatable.
The Global Microscope on Financial Inclusion, now in its 11th year, is a benchmarking index that assesses the enabling environment for financial access in 55 countries. The 2018 Global Microscope underscores the evolving landscape of financial inclusion itself. This year’s index was completely revised to take a forward-looking focus on digital financial services, and to address the critical role of financial inclusion envisioned in the Sustainable Development Goals (SDGs).
A solid grantmaking process is key to maximizing the social impact of your funding. Here are some tips and techniques that will help you fine-tune your process, so you can better serve non-profits and measure the impact of your foundation’s efforts.
Focus on preventing and treating malnutrition across life stages. Highlights include early detection, community-based treatment (e.g., MUAC screening...
Advanced security, fraud, and data protection, Keeping your accounts and information secure is a priority for us, and we know it’s a priority for you...
Everyone’s financial journey is different. We make intentional efforts to meet the individual needs of clients and communities through a diverse range...
