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Asian Development Bank Report Looks at Impact of Digital Technologies on Remittances
Governments and international organisations can help create an enabling environment in digital finance to improve the remittance process and also have positive externalities such as financial inclusion.
- Categories
- Inclusive Fintech
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How immigrants are driving digital transformation of U.S. remittances
There are about 43.7 million immigrants in the United States, and remittances sent from here by foreign-born immigrants rose to $66 billion from $50 billion over the past five years, according to the World Bank.
- Categories
- Inclusive Fintech
- Region
- North America
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Press release: Miller Center Launches “Social Entrepreneurship at the Margins” Program
For the first time, up to 20 global social enterprises serving migrants, refugees, and human-trafficking survivors will receive training through Miller Center for Social Entrepreneurship’s 15-year-old accelerator program
- Categories
- Entrepreneurship
- Region
- North America
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Hospitals in crisis in Uganda as Middle Eastern countries poach medical staff
Nurses, laboratory technicians and doctors in different fields are being recruited from public health facilities, private hospitals and the not-for-profit sector, with no clear government plan to mitigate the impact on the domestic health sector, medical workers say.
- Categories
- Health Care
- Region
- Sub-Saharan Africa
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GSMA launches industry guidelines on international remittances through mobile money
Because of its reach and growing use among underserved people, mobile money is uniquely positioned to transform formal remittance markets and to advance financial inclusion.
- Categories
- Inclusive Fintech
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Global Remittances Conference has named Africa as the most expensive place to send money globally
“The absence or weakness of a digital payments infrastructure and acceptance network, a financially included population, and/or an identification system means that many of the traditional acceptance services, such as terminating into a bank account or mobile wallet, are not always available,” the report says.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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Huawei Agrees to Deal to Help African Expats Send Money Home
The deal will let Huawei and WorldRemit tap into growing demand for money transfers from Africans living abroad using mobile-payments services, which are popular in places where banks are scarce or unreliable.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- Africa, migrants, mobile money, remittances
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Kiva Launches A Fund For Refugees And You Can Help
It may not seem so now, but whether people would loan money to a stranger was a pretty big question when Kiva.org started in 2005. One billion dollars later, the answer is a resounding yes.
- Categories
- Investing
- Tags
- Kiva, microfinance, microlending, migrants, migration, refugees
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