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Dedicated money transfer between Romania and Rep of Moldova

New money transfer service from Posta Romana-Posta Moldovei : EUR 5 fee and 5 minutes. On March 30, Pavel Filip, Moldovan Minister of ICT and Alexandr

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Regulation: Banks count the risks and rewards

Source Financial times - Martin Arnold and Sam Fleming Crackdown on money laundering threatens to leave parts of developing world cut off from global

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Money transfer start-up WorldRemit raises $100m

Source: Financial Times, by Murad Ahmed, European Technology Correspondent. WorldRemit has raised $100m from a leading Silicon Valley investor in one

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WorldRemit Raises $100M Funding Round to Drive Global Growth

Source: Mobile Money Africa Online money transfer service WorldRemit today announced that it has raised $100m in a Series B funding round led by Tech

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The man changing the world of remittances

In the years following the attacks of 11 September 2001, it is not surprising that Western security forces and authorities clamped down hard on the mo

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New Study Finds Positive Impact of Remittances More Widespread than Previously Thought

The University of Colorado Boulder Leeds School of Business, which includes the well-regarded Business Research Division, and The Western Union Compan

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WorldRemit eyes $100M funding round

UK firm WorldRemit, which enables remittances to be sent and received via mobile devices, is hoping for another blockbuster fundraising round, accordi

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NBP collaborates with UAE group for fast remittance transfer

KARACHI: National Bank of Pakistan has joined hands with Al Rostamani International Exchange (ARIE) of UAE for fast transfer of home remittances from

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DBP taps Remit2Home for OFW online remittances

The Development Bank of the Philippines (DBP) recently partnered with TimesofMoney Ltd. through its Remit2Home service to offer Overseas Filipino Work

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DBP taps Remit2Home for OFW online remittances

The Development Bank of the Philippines (DBP) recently partnered with TimesofMoney Ltd. through its Remit2Home service to offer Overseas Filipino Work

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Public sector

Latin America’s rural dream

Source: The Economist “I THINK everyone in this country…has a dream hidden away in their heads, the secret dream of land, a small plot of land that m

07-05-2015
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World Bank Survey on key drivers and outcomes of banks “derisking” activities in G20 member countries

During the last few months the WBG, experts and other civil society groups have noted increasing anecdotal reports of banks’ “derisking” activitie

04-05-2015
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Remittances: A foot in Cuba's development door?

As donors await changes to Cuba’s legal landscape that could allow them to begin funding work on the island nation, aid is taking shape in other forms

08-04-2015
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Africa: IFAD Workshop to Address Agriculture, Poverty

Souce: Malise OtooRome — THE International Fund for Agriculture Development (IFAD), a specialized agency of the United Nations, is later on Monday sch

24-02-2015
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International Day of Family Remittances

On 16 February, the 176 member states of the Governing Council of IFAD, unanimously declared 16 June the INTERNATIONAL DAY OF FAMILY REMITTANCES.

22-02-2015
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New initiative announced to enable diaspora investment in India's development

by USAID Press Office, January 26, 2015. President Barack Obama announced today in New Delhi a new partnership among the U.S. Agency for Internationa

17-02-2015
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Tapping the Indian diaspora: The future of development finance?

Source: DEVEX IMPACT by Adva Saldinger 05 February 2015 Diaspora populations have long sent money back to their countries of origin in the form of re

11-02-2015
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Migrant remittances are even more amazing that we thought

Source: Oxfam, 30 January 2015  At least in economic terms, migration appears to be some kind of developmental wonder-drug. Remittances from migrants

10-02-2015
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World Bank Group: Remittances – A Vital Channel for Global Cash Flows

Source: Cfi.com Envision the world economy as a complex, interconnected array of financial engines whose propulsion helps reinforce one another’s mom

27-01-2015
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Philippines allows Christmas remittance peso boost

Date: 27 December 2014Source: The Borneo Post The Philippine central bank is allowing record Christmas remittances from overseas workers to give the

29-12-2014
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Diaspora remittances in relative increase, hit Sh10.2b in March

Your are here  » Home   » Business News Diaspora remittances in relative increase, hit Sh10.2b in March Updated Wednesday, May 14th 2014 at 21:43 GMT

16-05-2014
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Remittances up 6.9% in March

Personal remittances continued to rise in March, registering a 6.9-percent growth to $2.1 billion from a year ago due to robust remittance flows from

16-05-2014
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Civil society

First African conference on remittances and postal networks to be held in South Africa by IFAD

  Source by NewsHours Each year more than US$60 billion in remittances is sent to and within Africa but often at great expense. Finding ways to le

03-03-2015
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Global Weekly: Remittances are relatively stable and acyclical, Remittances continue to be stable when capital flows fall sharply, Large-scale recipients may be less prone to consumption volatility

Source GLOBAL MACROECONOMICS TEAM, 23-02-2015.Many developing countries rely heavily on remittances. At the household level, remittance flows help sup

25-02-2015
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Hashtag to U.S. Government: Sending Money Home Isn’t Terrorism.

#IFundFoodNotTerror is calling out punitive antiterrorism regulations that pressure banks to discontinue wire transfers to Somalia. Source: Takepart

13-02-2015
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Qatar 2022: Construction firms accused amid building boom

The 2022 Qatar World Cup is all about money. Claims that millions of dollars were paid in bribes to secure the world's biggest football tournament fo

24-12-2014
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The International Fund for Agricultural Development joins Better Than Cash Alliance to bring financial inclusion to rural communities

The International Fund for Agricultural Development (IFAD) is pleased to accept an invitation to join the Better than Cash Alliance (BTCA) in our shar

24-12-2014
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Migration: Global development'™s biggest good news story...almost

Migration is big news — it makes headlines when UK Prime Minister David Cameron proposes to limit immigrants’ access to tax credits, and it leads the

22-12-2014
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Migrant Women Lift Remittances

Even when times were tough, immigrant Silvia Navas says she never stopped sending money to her mother in Guatemala.

07-04-2014
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New Remittance Map Shows Where the Money Goes

  The Pew Research Center has built an interesting interactive map of remittance flows worldwide in 2012. International migrants sent $529 billion in

20-02-2014
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Somalia turns to Diaspora for investment

  The Somali government has said it intends to tap into its Diaspora to invest in the war-ravaged country.Speaking to the Somali Diaspora community i

20-02-2014
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AU Commission in final phase of establishing African Institute for Remittances

The African Union Commission is in the final phase of establishing the "African Institute for Remittances", announced an AU official on Wednesday. In

20-02-2014
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Ethiopia/AU: Kenya hosts African Institute for Remittances

  The African Union (AU) Executive Council has accepted Kenya's offer to host the African Institute for Remittances (AIR), which is due to take off t

20-02-2014
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Africa: Somali Remittances - 10 Things You Need to Know

In May 2013, Barclays announced that it would close the accounts of all but 19 of its 165 clients in the remittance transfer business. As HSBC and oth

20-02-2014
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Business to Business Debt consolidation loans - Getting a loan with Fast Online Loans is quick and easy. You fill out an application online and get conditional approval on the same working day. An experienced Financial Consultant will receive your application and review it. They...
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24 Jul 2015 03:23
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15 Jun 2015 20:35
Why Silicon Valley finds it hard to "disrupt" remittances Dear All, Thank you for the very interesting points-of-view regarding the future of the remittance industry, via New Tech. As advisor to a young and dynamic off-line MTO, I noticed that: 1) Customers are very conservative, and changes are difficult...
hansboon's Avatar
27 May 2015 17:07
Remittances for Rural Development in Armenia Dear Jan Mikael, The main activity of Haypost is the cash distribution of pensions and social benefits on the basis of an agreement with the State Social Security Service (Ministry of Labor and Social Affairs) . The cash distribution includes a significant...
sarah.hugo's Avatar
05 May 2015 08:49
Framing a relationship & Taking to Scale Recent article from the CGAP blog on the importance of "empowering the customer"... http://www.cgap.org/blog/empower-customer-choose-and-use-financial-services - ties in nicely with a lot of what we have been talking about and also our experience in Central...
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Arshad Sattar
30 Apr 2015 12:05
Please allow me to introduce myself ... Hello everyone, I am Arshad Sattar from Pakistan Remittance Initiative. I am a Manager here & looking after Service & Quality and Technology. Apart from me being employed & looking after my family needs and wishes, I feel good & blessed to be a part of...
VanAndel's Avatar
17 Apr 2015 23:20
Changing Landscape Thank you, Alejandro. It is interesting to read your views on the key topics of the Changing Landscape of Money Transfers. I hoped to see some reactions of other MTO's, but either they are too busy Competing, or they are too busy Innovating. Both are good and...

GFRD2015 MEDIA

WorldRemit wins prestigious award issued by United Nations agency

Source: sfgate IFAD recognises “Best Practice in Remittances for Development.” IFAD, a United Nations agency, today recognised WorldRemit’s role in

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Why immigrants flock to Russia

Source: Gulfnews Russia is not often thought of as a country of immigration. Yet, the country’s enormous territory and shrinking indigenous populatio

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UN agency cites BSP’s financial education program for OFWs

Source: Gmanetword A specialized agency of the United Nations has cited the Bangko Sentral ng Pilipinas for providing overseas workers and their fami

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Azimo Raises $20 Million to Fuel its Global Growt

Source: fox8live Azimo, the London based digital money transfer service, announced today that it has raised an additional $20 million in financing. T

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Mandare i soldi a casa

Source: Radio3Mondo Oltre ad assicurare la sopravvivenza di milioni di persone in tutto il mondo, le rimesse presentano anche un potenziale immenso i

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Les transferts des migrants ne sont pas bien utilisés

Source: L' economiste DES marchés de transfert d’argent plus compétitifs aideront à une meilleure utilisation de l’argent qu’envoient les travailleur

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Travailleurs migrants en Europe : ce qu'ils envoient chez eux

Source: sen360 "Cette somme de 109,4 milliards de dollars américains a fourni une bouée de sauvetage à  plus de 150 millions de personnes à  travers

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Où va l'argent des travailleurs migrants européens ?

Source: Le Figaro INFOGRAPHIE - Les travailleurs immigrés en Europe ont transféré plus de 100 milliards de dollars en 2014, soit en moyenne 2000 eur

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Doseljenici poslali 109 milijardi dolara kući

Source: Al Jazeera Među zemljama u koje su migranti najviše slali novac su Ukrajina, Poljska i Rumunjska, ali i države Zapadnog Balkana. Doseljenici

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FIDA: Les marocains d’Espagne ont transféré 1,7 milliard de dollars vers le Maroc en 2014

Source: Lemag.ma Madrid : Les marocains sont la communauté étrangère en Espagne qui a envoyé le plus d’argent à son pays. Ils arrivent premiers devan

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EthicPhone, la première application de paiement mobile pour la diaspora africaine en France

L’expérimentation durera six mois et sauf grosse suprise, elle débouchera sur la création d’une application pour smartphone qui promet de bouleverser

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Travailleurs migrants en Europe : ce qu'ils envoient chez eux

Un rapport du Fonds international de développement agricole (Fida) révèle que 109,4 milliards de dollars américains ont été transférés en 2014. Agan

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Development community

  • International Financial Institutions
  • Migration 4 Development

The International Fund for Agricultural Development (IFAD) is , a specialized agency of the United Nations, was established as an international financial institution in 1977 as one of the major outcomes of the 1974 World Food Conference. http://www.ifad.org 

The Consultative Group to Assist the Poor (CGAP) CGAP develops innovative solutions through practical research and active engagement with financial service providers, policy makers, and funders to enable approaches at scale. Housed at the World Bank. http://www.globalmigrationgroup.org

The World Bank is one of the world’s largest sources of funding and knowledge to support governments of member countries in their efforts to invest in schools and health centers, provide water and electricity, fight disease and protect the environment. http://www.worldbank.org/


The EU's executive body and represents the interests of Europe as a whole (as opposed to the interests of individual countries). http://ec.europa.eu/index_en.htm

The Multilateral Investment Fund (MIF), The Multilateral Investment Fund (MIF) supports economic growth and poverty reduction in Latin America and the Caribbean through the promotion of private investment and promoting private sector development. http://www.fomin.org

The Ministry of Foreign Affairs and Cooperation plans, directs, implements and assesses Spain's foreign policy and development cooperation policy, following the Government's guidelines and applying the principle of unity of external action. http://www.exteriores.gob.es/Portal/en/Ministerio/Paginas/inicio.aspx 

The Inter-American Development Bank (IDB) lends directly to Latin-American, Central America, South American and Caribbean countries for infrastructure and civil society projects. http://www.iadb.org/en/inter-american-development-bank,2837.html

The government consists of a president, with the title of Prime Minister and several members with the title of Minister. It may also include one or more members with the title of Minister or Secretary of State. https://www.gouvernement.lu/

KNOMADThe Global Knowledge Partnership on Migration and Development (KNOMAD) is envisaged to be a global hub of knowledge and policy expertise on migration and development issues.
http://www.knomad.org

 

GMGThe Global Migration Group (GMG) is an inter-agency group bringing together heads of 16 agencies for more coherent, comprehensive and better coordinated approaches to the issue of international migration. On the GMG website links to all individual agencies can be found.
http://www.globalmigrationgroup.org

 

JMDIThe Group of Twenty (G20) is the premier forum for its members’ international economic cooperation and decision-making. Its membership comprises 19 countries plus the European Union. Each G20 president invites several guest countries each year. https://www.g20.org/about_G20

 

GFMDThe Global Forum on Migration & Development in line with the September 2006 report from the UN-GA High Level Dialogue on Migration and Development (HLD) and the GFMD Operating Modalities endorsed in Brussels in 2007, the GFMD is a voluntary, informal, non-binding and government-led process open to all States Members and Observers of the United Nations, - See more at:  http://www.gfmd.org/process#sthash.UBcNZKgR.dpuf.

 

Global Forum 2015

Exhibitors

International Development Bank We work to improve lives in Latin America and the Caribbean. Through financial and technical support for countries

17-05-2015
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Useful information

  Registration You may register to the GFRD2015 by clicking here. Registrations to the Forum are free of charge and open until May 22, 1

29-11-2014
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Programme GFRD2015

PUBLIC SECTOR DAY - 16 JUNE THE REMITTANCES MARKETPLACE Plenaries are aimed at presenting the topic, and sharing best practices and

26-11-2014
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About the GFRD2015

The Global Forum on Remittances and Development (GFRD) 2015 will be held in Milan on 16-19 June, in conjunction with the Universal Exposition EXPO20

25-11-2014
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Expo Milano 2015 Participants

Expo Milano 2015 is a global event characterized by its nature of uniting many different voices, basing its success on the involvement of all the vari

24-06-2014
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About the Gateway

The RemittancesGateway portal is a one-stop shop providing the latest news, events, publications, information and statistical data from a broad range of institutions, partners and stakeholders on the subject of remittances, migration and development. The Gateway is a fully interactive website that targets industry, private and public sectors, civil society actors and the development community. Besides sharing information, the portal is a virtual forum for discussion among remittance experts and stakeholders, and an institutionally neutral platform for continuous dialogue.

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Contacts

Remittances Gateway Team
Via Paolo di Dono, 44
email: remittances@ifad.org
tel. +39 0654592311

Quotes

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