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Tag Archives: Sharing Economy

BFC takes part in E-commerce and FinTech Hackathon 2019

BFC experts took part in E-Commerce and FinTech Hackathon 2019, which was held June 14-16, 2019 in Bishkek, Kyrgyzstan. During the event, participants were given 54 hours to turn their ideas about e-commerce development and cross-border trade into working projects. Evaluation of the projects as well as technical assistance was …

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Building a millennial-friendly brand through social awareness

Millennials represent a drastically different generation than baby boomers or gen-Xers, one that has adapted to a broader range of resources and a much more connected world. Building a millennial-friendly brand requires an intimate understanding of what motivates them. Here are three important strategies to keep in when building a …

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FinTech is making financing more accessible

Investments in underfunded space, especially for SME lending, are important for increasing financial inclusion. And managing director of Creditease’s FinTech Value Chain Fund, Anju Patwardhan, understands this. For that reason, she is interested in funding companies that are using tech to bring financing to an increasing number of people. Here …

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Uzbek Muslims can now pay Waqf via internet, mobile devices

The company Click has partnered with charitable organization Waqf to provide Muslims the opportunity to make religious-based payments via the internet and cellular communication devices, meaning that Muslim users can now fulfill compulsory and other payments in accordance with the canons of Islam at any time and in any place. …

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Core principles of success in the sharing economy

The sharing economy has quickly overtaken many business sectors. To be successful in the sharing economy, a company must adhere to four core principles that also define successful entrepreneurship in general: Greater efficiency – there is a technological solution for almost every day-to-day operation. An upfront investment in new technology …

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How the sharing economy is changing life as we know it

Every year more and more people around the world are ready to use goods and services without buying them, instead giving money for the opportunity to use them at the right time. This is causing a gradual shift in mentality – from a mentality of ownership to one where everything …

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Why the sharing economy is bad for the GDP

While many celebrate the emergence of the sharing economy, James Pennington, consultant on economic issues to the British Foreign Office, warns that the sharing economy, although beneficial, is not good for GDP. He outlines four main reasons why this is the case: Unrecognized value – the sharing economy brings with …

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Open APIs driving the uberization of payment services

Uber revolutionized the car transportation business when it created a market capitalization of billions of dollars without owning cars or carrying any stock. Similarly, the open API economy has acted as a catalyst for non-traditional players to venture into the payments market and reshape the idea of how payments can …

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Video: what’s next for the sharing economy?

The sharing economy is increasing its footprint into our daily lives and shows few signs of slowing down. Join experts Carlo Ratti and Rachel Botsman in an exploration of what forces are driving the sharing economy, what’s next and what it all means for society. When culture change fails, look …

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Video: the “uberization” of banking

The banking industry is in a state of flux as new players, innovative technologies and revolutionary platforms challenge traditional concepts of banking. This video explores some of the latest trends in banking as well as how banks can follow the Uber example and create services that provide consumers with seamless, …

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Video: rise of the sharing economy

The sharing economy is a complex phenomenon that has disrupted numerous industries and transformed how we live and work. Lawyers, public policy experts, academics and workers weigh in to define this dynamic phenomenon and discuss the legal and regulatory issues that have emerged as a result of these platforms playing …

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Video: what is the sharing economy?

People have been sharing for thousands of years, but new technology has brought about the growth of a new concept in sharing — the sharing economy. Find out what the sharing economy is and how it not only provides billions of dollars in savings and earnings each year but is …

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Infographic: the collaborative economy

New forms of peer-to-peer sharing are expected to double in the coming years. This collaborative economy allows consumers to get what they need from each other rather than relying on established brands. Businesses need to better understand this emerging market if they are to avoid disruption and take advantage of …

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