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UK: FutureLearn goes live; Willetts’ MOOC vision

UK: FutureLearn goes live; Willetts' MOOC vision

The mainly-UK backed MOOC platform, FutureLearn, was unveiled yesterday at a press conference. CEO Simon Nelson explained how the MOOC is redefining distance learning to harness the power of the social web, while Minister David Willetts shared his vision for how MOOCs could help shape the future of cross-sectoral education delivery and student recruitment.

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India’s Axis bank launches ISIC Forex card

India’s Axis bank launches ISIC Forex card

India’s third largest private sector bank, Axis, has launched a pre-paid travel currency card for students in association with The International Student Identity Card (ISIC). It is the first photo travel card available to Indian students in USD, Euro, GBP and AUD currencies that can be used at over 2 million MasterCard ATMs worldwide.

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PeerTransfer to expand with $6.4m funding

PeerTransfer to expand with $6.4m funding

International education payments firm PeerTransfer has raised US$6.4 million in new funding to help it grow its client base outside the USA. The firm, which halves the exchange rate for international students making tuition and other payments, is used by 350 education institutions worldwide, but 335 are based in the USA spelling room for growth.

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