-
Supporting the ‘Safe Journey’: How Mobile Tech is Making Migration More Secure and Less Costly
In Nepal’s rural areas, foreign employment in wealthy economies like Qatar, Saudi Arabia and South Korea can be a huge economic opportunity. But migrants to these countries are often exploited by employment brokers and others, who take advantage of the complexity of the migration process to charge high fees for job placements or loans. Benjamin Lokshin at the Asia Foundation discusses the foundation's innovative 'Shuvayatra' platform, which leverages mobile tools to help bridge the gaps between migrants and providers of important services.
- Categories
- Finance
-
Migrants Sent Record $466 Billion Home in 2017: World Bank
“The overall recovery in remittances is better than we expected. It is driven by stronger growth in the European Union, the Russian Federation, and the United States,” the bank said in a statement.
- Tags
- migrants, remittances
-
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
- Finance
- Region
- North America
-
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
- Uncategorized
- Region
- North America
- Tags
- accelerators, human rights, migrants, refugees
-
The Fight For The $400 Billion Business Of Immigrants Sending Money Home
A new class of startups is using bitcoin and the blockchain to drastically lower fees as they try to grab a share of the remittance market from old competitors like Western Union.
- Categories
- Technology
-
George Soros, Mastercard to Partner to Aid Migrants, Refugees
Billionaire investor George Soros will partner with Mastercard Inc on a venture they said could help migrants, refugees and others struggling within their communities worldwide to improve their economic and social status.
- Categories
- Impact Assessment
-
A Demographic Time Bomb: The Urgent Need to Prepare Undocumented Hispanic Immigrants for Retirement
The United States is home to some 11.3 million undocumented immigrants, mostly Latin American. These immigrants are aging, and whether they stay in the U.S. or return to their home countries, many are woefully underprepared for the financial burdens of retirement. The consequences of ignoring their retirement savings needs are significant – but so are the opportunities to reach them with financial products.
- Categories
- Investing
Subscribe to Our Weekly Newsletter, "NextBillion Notes"
Published each Wednesday, our e-newsletter features NextBillion's latest original articles, along with a selection of news, jobs, bizdev opportunities and events from our recent coverage — and regular conference ticket giveaways.
We respect your privacy. Your information is safe and will never be shared.
Don't miss out. Subscribe today.