Cocktail Banter connects you with the best of politics and pop culture. It’s the podcast that gives you everything you need to know to be in the know.
This week, we’re talking with Amit Sharma of Empowerment Capital about tracking terrorists through financial networks by following their money trail. We’re also thinking big picture about how to include folks who are outside the system – increasing security while also helping to bank the unbanked.
Tune into our conversation below, or find us on iTunes and subscribe to Cocktail Banter.
And to read more about the importance of financial inclusion, check out this Council of Economic Advisers brief. It highlights how many lower-income households are unbanked or underbanked, and instead rely on money orders, remittances, payday or pawn shop loans, which often have higher fees and interest rates.
At Empowerment Capital, Amit is looking at these social development issues from a unique perspective based on his government and private sector experience. He's managing risk as opportunity and looking to help banked the unbanked in a way that increases security. His goal is to harness the "power of entrepreneurship while addressing real development needs, generating new markets, and providing opportunities to maximize returns and impact." Read more about Amit's efforts here or watch this clip to hear more about the impact of socially responsible investing.