AIGames -sdgoal 1 who's done most to end poverty with finance? - eg financial literacy finance most populous bank designed by pro-poor foundation partners ...; tech is best chance to end poverty but where's AI Banking and eg green finance

Friday, March 31, 2023

coming soon - we'll assemble ideas - could mastercad peoples help un and world bank save millennials day

 regarding banga -  roughly banga had 3 sequances of about 12 years at nesdtle, citibank Hong Kong to 2009,head mastercard to 2021 where he set target to include 500 million (world bank 2015 - update); since 2021 climate fund beyind net zero general atlantic

chatgpt has helped me make this start for me its useful to know banga has connected with reeta roy since I have tried to follow her since 2009 - in fact I would say she has been fazle abed's best partner in africa. so i will try to find out more. Charles I hope this does come together from the ny links you can make because if I undestand briefings from Guterres team they really need youthful and tech-good diaspora connections in ways they haven't previously  Chatgpt ...".Ajay Banga and Reeta Roy, the CEO of the Mastercard Foundation, have worked closely together to develop and expand the Foundation's initiatives, including the Mastercard Foundation Scholars Program. The program provides scholarships and support to students from low-income backgrounds in Africa, and aims to promote education and leadership development across the continent.

Banga has been an active supporter of the Scholars Program, participating in various events and initiatives related to the program's goals. For example, in 2019, he attended the Scholars Program's annual Symposium in Kigali, Rwanda, where he spoke to scholars about the importance of financial inclusion and the role of technology in promoting economic development.

The Mastercard Foundation Scholars Program has supported students in a number of countries across Africa, including Kenya, Ghana, Uganda, and Nigeria, among others. The program also partners with a number of universities and educational institutions in these countries, providing a range of academic and financial support to scholars.

As for an online space for alumni of the Mastercard Foundation Scholars Program, the Foundation maintains an online platform called "LeadershipConnect," which is designed to connect scholars, alumni, and other members of the Foundation's network. Through this platform, scholars can access resources and opportunities related to leadership development and career advancement. Additionally, the Foundation also maintains a presence on social media platforms like Twitter and LinkedIn, where alumni can connect and engage with each other and the broader community of scholars and supporters."


some comments from world banj 2015

"The hard work put in to advance financial inclusion is making a great difference, as the new Global Findex numbers demonstrate. Today’s commitments are an important step forward. Many national leaders have already taken bold steps to expand financial access in their own countries. To further that progress, it is important to create the right environment to catalyze private-sector investment and innovation,” said H.M. Queen Máxima of the Netherlands, the UN Secretary-General’s Special Advocate for Inclusive Finance for Development.

“Today, MasterCard is proud to announce our commitment to the World Bank Group’s efforts toward universal financial access. Our target is to reach 500 million people currently considered to be excluded from the financial mainstream. In making this commitment, we recognize that reaching full financial inclusion by 2020 requires the active engagement and commitment of the private sector, working in partnership with governments and international development organizations,”said Ajay Banga, CEO & President of MasterCard“Together, we can be agents of transformative change who create more inclusive economies and more empowered populations.”

Several leaders of emerging markets companies also made concrete commitments today to reaching the goal.

Financial access is key to poverty alleviation in Indonesia as currently less than half of country’s population has access to the financial system,” said Budi Gunadi Sadikin, CEO of Bank Mandiri in Indonesia speaking at the panel. “We are supporting the Government’s initiative to distribute conditional cash transfers to millions off amilies and our aspiration is that the program evolves into utilization of branchless banking and savings opportunities for more than 50 million Indonesians by 2020.”

“Since inception, the State Bank of India has played a major role in expanding financial inclusion agenda in the country. During the first three years of its Financial Inclusion Plan (2010-13), SBI covered 20531 villages andopened 20.2 million new accounts. As part of the second Financial Inclusion Plan (2013-16) we reached to 85130 villages and opened 70 million accounts. We see a huge opportunity in our 70 million customers. All these customers can be sold pension and insurance products. Based on transaction history, they can be credit linked and become part of the global financial system,” said Arundhati Bhattacharya, Chairman of the State Bank of India, a panelist at the event.

commitments made by

List of Commitments Made at the World Bank Group Flagship Seminar, April 17, 2015

also 500 mn.” Charles Scharf, CEO, Visa

Bandhan” Chandra Shekhar Ghosh, CEO, Bandhan

Bank Mandiri” Budi Gunadi Sadikin, CEO of Bank Mandiri

Equity Bank ” James Mwangi, CEO, Equity Bank

Global Banking Alliance for Women
.  We support the World Bank Group’s goals to achieve Universal Financial Access by 2020, and commit, with a sub-set of our members, to providing financial access to 1.8 million previously unbanked women customers in Latin America and Africa by 2020.”  Inez Murray, CEO, Global Banking Alliance for Women

Ooredoo we are proud to commit to 17 million mobile financial services customers in this time period across diverse markets including Qatar, Kuwait, Oman, Indonesia, Myanmar, Algeria, Maldives and Iraq.” H.E. Sheikh Abdulla Al Thani, Chairman

State Bank of India” Arundhati Bhattacharya, Chairman of the State Bank of India

Telenor Group
“Telenor believes that financial inclusion is a corner stone in the societies within our Asian footprint, and as a mobile operator with good quality networks and well established distribution channels, we are committed to deliver financial services in our markets where between 40 – 90 % are un-banked today. In 2020 Telenor will have more than a quarter billion customers, and our ambition is that at least 50 % of these customers will use their mobile phones for financial services.” Jon Fredrik Baksaas, President and CEO, Telenor Group

World Council of Credit Unions  "In 2014 World Council of Credit Unions launched a membership growth campaign to extend credit union services to at least another 50 million people by 2020. As of the end of 2013 there were 208 million members of credit unions and financial cooperatives in the World Council global credit union system. We will extend credit union services to more than 260 million by 2020." Brian Branch, President and Chief Executive Officer, World Council of Credit Unions

World Savings and Retail Banking Institute
“WSBI (the World Savings and Retail Banking Institute) - an international banking association that brings together savings and retail banks from 80 countries representing the interests of approximately 6,200 banks in all continents – remains fully committed to the goal of ‘An Account for Everyone’ that was adopted by its membership in May 2012 when they reaffirmed their strong commitment to financial inclusion in WSBI’s ‘Marrakech Declaration’. As a group, WSBI’s members are the largest providers of accounts for the poor worldwide with an estimated base of 950 million customers at the end of 2014.”

Thursday, March 30, 2023

 news is exciting in itself and the more so if mastercard india's leader banga becomes world bank new head - wasnt sure best was to summarise this article so copying it complete Mastercard has unveiled its limited release Mastercard Music Pass NFT which offers access to Web3 training programme for emerging musical artists. 

It also unlocks access to exclusive content and experiences from the Mastercard Artist Accelerator, which starts this month. The programme will prepare five emerging musical artists from around the world with the tools and skills to harness Web3 technologies to reimagine their creative processes and grow their careers in the digital economy.

According to the release, up-and-coming Vietnamese American-singer Emily Vu joins four other musicians from around the world for the Mastercard Artist Accelerator: Cocoa Sarai, a hip-hop artist from Brooklyn; Nigerian R&B/Afrobeats record producer and songwriter LeriQ; Manu Manzo, a Latin pop artist from Venezuela; and Young Athena, a London-based R&B soul singer and BRIT School alumna. The participating artists represent a range of genres and backgrounds and were chosen because of their unique story, sound and inclusion focused mindset.

Vu said that her life has always been intertwined with music, learning a couple of instruments throughout her childhood, and performing is something that has always excited her. “Now I’m looking forward to taking my work to the next level with Mastercard Artist Accelerator. This is a really new approach for me, and I’m keen to learn a lot more about Web3 & AI, giving others an inside look at the creative process whilst using new technologies. It’s going to be an awesome learning experience.”

Don't miss: Jimmy Fallon, Madonna and Snoop Dogg among celebs sued for endorsing Bored Ape NFTs

Each artist will go on a journey through one-on-one sessions, being guided by mentors including Tushar Apte, an Australian composer and producer who incorporates AI into the creative process; British dancer and content creator Nifè, who will share her knowledge of building an engaging online presence; and chief experience officer of Ledger, Ian Rogers, who will advise on how to build a digital business.

Artists will learn how to use Web3 tools to create original tracks, which will be redeemable as NFTs as well as performed live by the artists in a special showcase, according to the release.

The Mastercard Music Pass NFT is being minted on the Polygon blockchain and is free to redeem until the end of April 2023. Once redeemed, token holders will be able to follow the Mastercard Artist Accelerator with access to all of the content from the programme, as well as Web3 tools, educational materials, and other exclusive experiences. 

Furthermore, the application of Web3 technologies has taken off in Asia Pacific, especially in a number of Southeast Asia countries like Singapore, Vietnam, Thailand, and the Philippines.

In South Korea, an increasing number of musicians and music labels are adopting NFTs, one of the world’s first virtual reality music labels launched in Taiwan, and an Australian entertainment startup has developed its own NFT music platform.

“One of the incredible things about Web3 technologies, and NFTs in particular, are the way in which they offer creators more flexibility and ownership of their content, while generating exciting new ways for fans to engage with their art,” said Julie Nestor, senior vice president, head of marketing and communications, APAC.

“The Mastercard Artist Accelerator programme and Mastercard Music Pass give us an opportunity to harness NFTs for both of these exciting purposes, while helping to support some of the most vibrant, diverse young artists in the world today. Mastercard looks forward to connecting music fans and creators in APAC with the Web3 journey of Vu and the other incredibly talented musicians," Nestor added.

Last June, the brand launched its first-ever album, “Priceless,” through an innovative collaboration centered on mentoring rising artists. With the brand’s track record in music, coupled with its expertise for building strong networks in the digital economy, the Mastercard Artist Accelerator will give emerging artists the tools and capabilities they need to thrive in this tech-driven era. 18 april 2023 author chloe tan

Tuesday, March 28, 2023

Brac & mastercard appointmnet/context Kenya aim


Senior Manager, Advocacy & Policy, Mastercard Foundation Accelerating Impact for Young Women in partnership with BRAC (AIM)

Wednesday, March 22, 2023

conversdation with chatgpt on mastercard 500 million commitment to underserved communities

 During his time at mastercar approximately 2009-2021 CEO Banga appears to have completed his 2015 commitment to extend finacial services to 500 million poorer clients. Can you sumarise some of the key parterships and whether any particular educational advances have come from this?

As an AI language model, I can provide some general information about Mastercard's efforts to extend financial services to underserved communities and the partnerships it has formed to achieve this goal.

Mastercard is a global financial technology company that provides payment processing and other financial services to consumers, businesses, and governments around the world. In 2015, Mastercard CEO Ajay Banga announced a commitment to extend financial services to 500 million underserved consumers by 2020, which the company reportedly achieved ahead of schedule.

To achieve this goal, Mastercard has formed partnerships with a range of organizations, including governments, non-governmental organizations, and private sector entities. These partnerships have focused on a range of initiatives, including expanding access to digital financial services, promoting financial literacy and education, and supporting entrepreneurship and small business development.

Some of the key partnerships that Mastercard has formed to extend financial services to underserved communities include:

  • The Mastercard Center for Inclusive Growth, which was established in 2013 to advance research, programs, and partnerships that promote financial inclusion and economic growth. The center has collaborated with a range of organizations to support financial inclusion initiatives in countries around the world.

  • The Partnership for Finance in a Digital Africa (PFDA), which was launched in 2018 to promote digital financial services and mobile money adoption in sub-Saharan Africa. The partnership brings together a range of stakeholders, including mobile network operators, fintech companies, and governments.

  • The Mastercard Farmer Network, which was launched in 2012 to provide digital financial services and market information to smallholder farmers in developing countries. The network has partnered with governments, NGOs, and agribusinesses to support smallholder farmers and promote sustainable agriculture.

In terms of educational advances, Mastercard has also invested in programs and initiatives that promote financial literacy and education, particularly among young people. For example, the company has partnered with Junior Achievement, a global nonprofit organization that provides entrepreneurship education to young people, to develop financial literacy curricula and other educational resources.

Overall, Mastercard's efforts to extend financial services to underserved communities reflect a broader trend among financial institutions and technology companies to promote financial inclusion and support sustainable economic development.
I am interested in mastercard partnerships with underrservved communities - do you have a longer list than the three you just gave me?

Yes, Mastercard has formed several partnerships with organizations and initiatives focused on promoting financial inclusion and supporting underserved communities. Here are some additional partnerships:

  • The Mastercard Foundation: In 2006, Mastercard established the Mastercard Foundation, a private foundation that focuses on advancing education and financial inclusion in Africa. The foundation has committed over $2.1 billion to programs that support young people and small businesses in Africa.

  • The Global Resilience Partnership (GRP): In 2015, Mastercard helped launch the GRP, a collaboration between public and private sector partners that aims to build resilience among vulnerable communities in sub-Saharan Africa and South and Southeast Asia. The partnership focuses on supporting innovation, building capacity, and promoting policy and advocacy.

  • The Better Than Cash Alliance: Mastercard is a member of the Better Than Cash Alliance, a global partnership that promotes the transition from cash to digital payments. The alliance brings together governments, private sector actors, and development organizations to promote the benefits of digital payments, including increased financial inclusion and improved transparency and efficiency.

  • The Center for Financial Inclusion (CFI): Mastercard is a supporter of the CFI, a research and advocacy organization that promotes financial inclusion and inclusive finance policies and practices. The CFI is based at Accion, a global nonprofit organization that supports microfinance institutions and other financial service providers.

  • The Joint Partnership for Financial Inclusion: In 2018, Mastercard announced a partnership with the International Finance Corporation (IFC) to advance financial inclusion in emerging markets. The partnership focuses on expanding access to digital financial services and promoting financial literacy and education.

These are just a few examples of the partnerships that Mastercard has formed to support underserved communities and promote financial inclusion. The company's efforts reflect a broader trend among financial institutions and technology companies to use their resources and expertise to address global challenges and promote sustainable development.