Cross Border Remittances: Technology in the Origin and Innovation on the Payout
Enabling tools that motivate remittance recipients to access and use a variety of financial services needed to increase assets is key to wealth generation.
Enabling tools that motivate remittance recipients to access and use a variety of financial services needed to increase assets is key to wealth generation.
In 2016, the flow of remittances to Latin America and the Caribbean surpassed US $70 billion. In the 20 countries for which there is data available, the flow reached US$69 billion. This increase demonstrates continued growth since the post-recession period. In this article, we find a range of factors shaping this growth,
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Education leads to entrepreneurship, and entrepreneurship leads to innovation.
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