Event: Financial Inclusion in the Digital Economy Catalysts for Financial Inclusion: Remittance and Digital Finance 28 September 2016 Author / Speaker Sabine Spohn Jonathan Capal View File An animated, fact driven discussion on remittances was held in one of this event’s breakout sessions. Asian Development Bank Senior Investment Specialist Sabine Spohn hosted the panel that featured KlickEx Executive Chairman Robert Bell, DMA Asia Pacific Director Jonathan Capal, and Commission on Filipinos Overseas Chairperson Imelda Nicolas. With over 250 million people living outside their countries of birth and a remittance flow of estimated $431.6 billion in 2015, safe and affordable remittances remain very relevant. Since average transaction cost is still 7.5% of transaction amount, digital channels will further support reduction of costs. Disclaimer The views expressed on this website are those of the authors and do not necessarily reflect the views and policies of the Asian Development Bank (ADB) or its Board of Governors or the governments they represent. ADB does not guarantee the accuracy of the data included in this publication and accepts no responsibility for any consequence of their use. By making any designation of or reference to a particular territory or geographic area, or by using the term “country” in this document, ADB does not intend to make any judgments as to the legal or other status of any territory or area. Download Topics Finance ICT