-
Pandemic Disrupts Remittances, Leaving Immigrants’ Families Without Lifelines
In normal times, millions of small financial transactions take place daily worldwide when immigrants wire a portion of their earnings to loved ones back home.
- Categories
- Coronavirus, Finance
- Tags
- migrants, remittances
-
Four Stories of Financial Exclusion: How Identity Barriers are Blocking Financial Access for Refugees and Other Vulnerable Groups
Venezuela's emigration crisis has reached epic proportions. And according to Anjali Ramachandran at Storythings, among the millions who have fled the country, countless people lack financial access because they struggle to prove their identity. She highlights the stories of refugees and others whose lives could be improved by alternatives to traditional ID requirements.
- Categories
- Finance
-
Reducing the Costs of Migration: How Better Data Can Lead to Better Policy – and Better Prices – in Migrant Remittances
International migration has become a pressing global issue, and one that's likely to grow in the coming years. One way to help economies absorb migrants with minimal disruption is to improve their access to affordable, formal cross-border remittances. But according to Damola Owolade at FinMark Trust, this goal may be easier said than done, as accurate data on remittance pricing can be surprisingly hard to acquire.
- Categories
- Finance
-
Online Remittances: Closing The Gender Gap
According to the U.N., remittance sending behaviour of migrant women often involves a higher financial cost as they tend to send smaller amounts of their income more frequently and are subjected to paying more in transactions fees.
- Categories
- Finance
-
Intra-African Remittance Market Set to Soar in 2020
The World Bank estimates that migrant workers within Africa send remittances in excess of $14 billion dollars each year, and in 2018 intra-African remittances represented 20% of global remittance flows according to Ecobank Group.
- Categories
- Finance
- Region
- Sub-Saharan Africa
-
Migrant Returnees Turn to Mobile Money in Sudan
Sudan presents a complex and diverse migration profile as a source, transit and destination country at the centre of multiple migration routes and is host to several migrant populations.
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- digital finance, migrants
-
Q&A: Help Others or Go Bust, Migrant Billionaire Tells Big Business
Hamdi Ulukaya says the days of companies being run solely to maximise profit for shareholders are over.
- Categories
- Uncategorized
- Region
- North America
-
Viewpoint: Immigrants Should Do More Than Just Send Money Home
Remittances are OK, but there’s no substitute for investment, growth and economic development.
- Categories
- Finance