Tag: scheme

  • Yume launches click-to-donate scheme to reduce food waste

    Yume launches click-to-donate scheme to reduce food waste

    The social enterprise has developed a one-stop solution for producers to sell or donate surplus food, all on the Yume platform.

    In August, Yume CEO and founder Katy Barfield said: “No one has invested money into streamlining the end-to-end clearance process plug in, so that is what we’re doing.

    “We want to manage it from surplus right through to sale or donation. We don’t want to change what the companies are doing; we just want to make it efficient.”

    For five years, Yume CEO and founder Katy Barfield has worked with commercial food manufacturers and primarily produces to cut the amount of food waste generated by the sector.

    While the focus on finding and selling high-quality surplus food on the Yume platform has been hugely successful – to date it has prevented close to three million kilograms of food from going to waste while returning more than $8 million to Australian businesses – there has been an ongoing issue of food not sold still going to waste.

    “We saw this as an opportunity to improve the food donation initiatives already happening within large-scale food producers,” Barfield said.

    With a $165,000 Victorian Government grant through the Recycling Victoria Circular Economy Business Innovation Centre (CEBIC) in FY21 to expand the platform to enable food suppliers to seamlessly donate surplus food to food rescue organizations, the role technology could play for the social enterprise was recognised.

    Yume was part of the Victorian Government’s start-up agency Launch Vic’s CivVic Labs Program, which works with companies to utilize technology more effectively. The Atlassian Foundation volunteered time to work on the project.

    LaunchVic CEO Dr Kate Cornick said they were keen to see Yume take the next step in its journey.

    “The capital they have secured will help them refine their product offer and propel their long-term growth,” Cornick said.

    Pilot partners

    Unilever, Mars Food, and General Mills partnered with Yume to pilot the program. Unilever Food Solutions managing director Australasia Yezdi Daruwalla said: “Partnering with Yume means we have an efficient and streamlined process to donate surplus products to those in need. Since 2018, we’ve prevented 40,000 kilograms of surplus food from going to waste – this is equivalent to 79,526 kilograms of CO2 prevented from being released into the atmosphere, and 7.7m litres of water from going to waste.

    “Now with Yume’s updated platform the process is even more straightforward and just this month we sent hundreds of cartons of tea to Foodbank Victoria, with the simple click of a button,” Daruwalla said.

  • GSMA launches mobile money certification scheme

    GSMA launches mobile money certification scheme

    The GSM Association (GSMA) has launched a new global certification scheme for mobile money services.

    The certification will involve an independent assessment of a mobile money provider’s ability to provide secure and reliable services, protect customer privacy and combat money laundering and terrorism financing.

    The new scheme has been developed based on three years’ feedback from the GSMA’s consultations with providers in Asia, Africa and Latin American. It will be open to all mobile money providers, including mobile operators, banks and digital service providers.

    Easypaisa Pakistan – provided by Telenor Microfinance Group – is among the five initial recipients of certification under the scheme.

    Independent scheme operator Alliances Management will assume responsibility for training and overseeing independent assessors under the scheme.

    Recipients will need a 100% pass mark on criteria covering eight principles – safeguarding funds against the risk of cyber loss, combating crime and fraud, managing staff and agents, operating the service reliably, ensuring the security of systems supporting the service, ensuring transparency in fees and terms, providing effective customer service and protecting data privacy.

    “The GSMA Mobile Money Certification is a consumer-focused initiative, aimed at giving customers confidence that a provider has taken steps to ensure their funds are in safe hands, their rights are protected and they can expect a high level of customer service,” GSMA chief regulatory officer John Giusti said.

    “With over 690 million accounts globally, the mobile money industry is having a clear impact on the global effort to expand financial inclusion, providing access to life-enhancing financial services and serving as a gateway to the digital economy.”