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External Webinar

Women’s Roles in Cross-border Remittances

This webinar explores the findings of a diagnostic study aimed at improving financial capabilities and inclusion for women in the South Africa-Malawi, South Africa-Mozambique and South Africa-Zimbabwe corridors.

 

Guide / Toolkit

IFAD Remittance Innovation Toolkit

This toolkit provides practical guidance for regulators and remittance service providers on how to assess national regulatory environments to identify opportunities for innovation in know your customer and customer due diligence processes to enhance remittance access.

News

Mastercard and Equity Bank Join Forces to Enhance Cross Border Money Transfers in Kenya

Through Mastercard Cross-Border Services, Equity Bank customers will be able to send funds through any Equity Branch Location in Kenya.

News

EU and IFAD Launch New Initiative to Strengthen Financial Inclusion by Boosting Digital Remittances in Central Asia

This week IFAD launched  the Platform for Remittances, Investment and Migrants’ Entrepreneurship (PRIME) Central Asia Initiative in Kazakhstan, the Kyrgyz Republic, Tajikistan, and Uzbekistan.

News

India Tops Global Remittances at $125 Billion in 2023: A Comprehensive Insight

The $125 billion influx signifies the unwavering commitment and support of the Indian diaspora to their families and communities.

News

Visa and Oxfam America to Explore Bringing Pre-Disaster Financial Support to the Philippines, Kenya, Colombia, and Puerto Rico

Visa recently teamed up with Oxfam America to serve as a payments partner in the Philippines, Columbia, Puerto Rico and Kenya.

News

Bancolombia and Terrapay Sign Contract to Strengthen Cross-Border Remittances Across Colombia

As part of their collective commitment to enhance financial inclusion, the two companies will enable seamless cross-border transfers, connecting Colombians living away from home with secure solutions to send funds to their loved ones in Colombia.

Paper

Remittances Remain Resilient but Are Slowing

This brief includes describes key developments in remittance flows and provides projections of remittance trends in 2023 in light of a slowing global economy, continued high inflation and increased interest rates, and Russia’s invasion of Ukraine and the conflict in Sudan.

News

Fintech Purpl to Democratize Remittances, Support Financial Inclusion Efforts in Lebanon

In the first phase, Purpl will only operate their cash out solution, as a technology provider, via the partnerships signed with international digital remittance companies and licensed local cash out partners on the ground in Lebanon.

News

African Money Transfer App NALA Launches in European Union

The launch adds 19 new European nations to NALA’s list of send markets. The NALA EU expansion also revealed integrations with both Apple and Google Pay.