-
Converting Short-Term Remittances Into Long-Term Investments: Global Fund explores ways to build in financial inclusion and sustainable funding for health care
As many countries face mounting pressure to identify additional sources of domestic financing, The Global Fund ponders how individual remittance and savings accounts can play a larger role as an innovative solution for public health.
- Categories
- Education, Health Care
-
India’s Financial Inclusion Scheme Can Bring Unorganized Remittances Under Banking Channels
"With the help of the Jan Dhan Yojana, the reach of banking can definitely be expanded, making migrant workers aware of different services," says a senior executive from Bank of India.
- Categories
- Uncategorized
- Region
- South Asia
-
How Telcos, MTOs and Banks Could Crash over Remittances
Hugo Cuevas-Mohr shares insights gleaned from his work with money transfer professionals from all over the world about the remittance market, the role of traditional players, banks and telcos and who has the edge as this $500 billion industry evolves.
- Categories
- Uncategorized
-
OPINION: A Critical New Role for the World Bank
The bank should rise to the challenges posed by remittances — a critical tool in the fight against world poverty.
- Categories
- Uncategorized
- Tags
- remittances
-
Engaging Diasporas in Development Through Investment – Part 1: Calvert explores ways to facilitate migrant investment flows
There is increasing interest among development organizations and aid agencies in harnessing the financial resources of global migrants to fund development needs in their countries of origin or heritage. Calvert Foundation shares lessons learned and key issues to consider when creating a strategy to engage diasporas in investment and international development.
- Categories
- Impact Assessment, Investing
-
6 Reasons Online Remittances Are Primed to Explode: International money transfers are moving online – and that’s good news for the BoP
Global remittances to developing countries are estimated to exceed $436 billion in 2014, and research suggests that they help lower poverty significantly. Unfortunately, high fees have claimed a substantial part of this money. But multiple factors are driving the industry online, says Logan Lemberger - and that could be a boon for the global poor.
- Categories
- Uncategorized
-
Nigerian Telecoms Operators Excluded from Cross Border Remittance
Nigeria will not be a beneficiary of the landmark deal struck by major telecoms operators in Africa for the implementation of interoperable mobile money services across Africa and the Middle East regions. This is so because no telecoms operator from Nigeria is licensed to provide mobile money services, according to CommunicationsWeek.
- Categories
- Technology
-
Why are Africans Getting Ripped off on Remittances?
Four factors combine to drive up charges. The first is limited competition.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
The Best of NextBillion in Your Inbox Each Week!
Subscribe to NB Notes for news, jobs & on-the-ground insights from the world of emerging markets business.
We respect your privacy. Your information is safe and will never be shared.
Don't miss out. Subscribe today.