We know life will get easier soon, but until then, we need to find sources of strength.
We are 10 months into the global pandemic, with a vaccine on the horizon but with rising COVID-19 cases worldwide. We know life will get easier soon, but until then, we need to find sources of strength.
Many of us are turning to technology. Streaming services keep us entertained, online ordering keeps food flowing to our homes, and video conferencing platforms such as Zoom help us connect with work colleagues and loved ones.
Technology has been even more important to businesses; it’s been the key to helping them build the resiliency they’ve needed to survive, and even thrive, during these dark days. Almost overnight stores had to move to online ordering. Cash quickly had to be replaced with digital payments. And governments turned to payment platforms to build fast, new ways to help get financial relief to their citizens.
This month, we are celebrating these stories of resiliency. We’ll look at how kiosk owners in Africa are using digital tools to access new credit services and grow their businesses. We’ll talk to fledgling small business owners who were forced by the pandemic to pivot to digital commerce, finding new purpose in the shift. And we’ll feature Mastercard employees who are stepping outside of their comfort zones to help adapt payment technology to our new reality and make sure we bring the benefits of the digital economy to everyone, no matter who they are or where they live.
While the world may never be the same, we know we are approaching something closer to what we used to consider normal. As we approach a new phase of the pandemic, we know the right tools are in place to help us reach for the finish line.
At COVID-19’s peak earlier this year, millions of schoolchildren missed school meals, putting the most vulnerable at even greater risk.
The special team who volunteered to help Mastercard respond to COVID-19 priorities had three things in common: talent, agility and decency.
Community development financial institutions have built the relationships that are helping the smallest businesses survive the pandemic – and are working to close the racial wealth gap.
When COVID-19 forced many in the U.K. to self-isolate, thousands of people volunteered to help keep them fed and healthy. Royal Voluntary Service had to find a way to instill trust between them.
PromptPay, Thailand’s digital payment service, is helping Thai small businesses provide their customers with safe and convenient ways to pay.
To reach the neediest during the pandemic, Mastercard employees in Nairobi turned to Kasha, an e-commerce company for women.
Stella Kagwiria, a small shop owner in Kenya, can now digitally connect to banks and suppliers and access credit through transaction records.
Residents of Santiago de los Caballeros in the Dominican Republic helped create the first maps — paper and digital — to make the city’s informal transportation system more reliable and safer for everyone.
Paul Duan’s nonprofit Bayes Impact is where algorithms meet altruism. His team uses technology for the common good, including an AI-powered app that helps job seekers improve their searches.
The startup is bringing its intelligent lending platform to borrowers, mainly in construction, auto repair and farming, in Colombia, Peru and soon Mexico.
Migrant workers can feel at home among their fellow nationals at exchange houses, where they send money to friends and family abroad.
A flexible corporate structure and “fail fast” mentality encourage ideas to bubble up and harness the innovation of junior workers.
Innovative tech-powered partnerships are the key to meeting today’s challenges for entrepreneurs in Africa.
The solar-powered mobile shelters developed by Pune software engineer Kaushal Shetty in his spare time can help those displaced by environmental disasters, in his hometown and beyond.
Start Small Think Big connects small businesses with free legal, financial and marketing advice. This month, Citi and Mastercard are helping boost its efforts.
Having access to affordable, reliable transportation takes on new meaning in the pandemic.