Using Technology to Increase Returns to Labor and Remittances

Event: 7th ADB-ADBI-OECD-ILO Roundtable on Labor Migration: Increasing the Positive Impact of Migration Through Finance and Technology

Using Technology to Increase Returns to Labor and Remittances

19 January 2017

Author / Speaker:

Diana Boncheva, Mondato - Other materials by the author

Technology can be used in several ways to improve the remittance process. It can be used to decrease costs by using systems that make the remittance process more efficient. It can be used to save time through remote registration. It can also be tapped to encourage use of formal banking services, which will benefit not just the remittance-receiver, but the economy and the financial sector as well.

Geographical Focus:

Global

Type of Content:

Learning Event

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