Jeffrey Sachs: The Economist Who Pioneered Mobile Banking And Money Transfer
Jeffrey Sachs: The Economist Who Pioneered Mobile Banking And Money Transfer Since the turn of the 21st century, the world has relied heavily on technology to simplify and improve our lives. One of the most prominent of these advances has been in the field of banking and money transfer. For centuries, the world of banking had revolved around paper deposits, metal coins, and checks, but the advent of mobile banking revolutionized the industry. Jeffrey Sachs, a renowned economist and director of the Earth Institute at Columbia University, was instrumental in changing the way the world banks and sends money. Sachs has been a major proponent of economic development in low-income countries and has worked on numerous initiatives over the years, including the United Nations Sustainable Development Network, the Global Poverty Reduction Program, and the Millennium Development Goals. In recent years, he has championed the use of mobile banking, which makes it easier and faster to transfer mone...