Digitalization – FFRemittances

Mar 27, 2025 2:00 PM - Mar 27, 2025 3:00 PM | Author: FFR

Unlock Data. Save Time. Make Smarter Decisions.

Are you looking to enhance your knowledge, save time, and make data-driven decisions in the remittance industry? The International Fund for Agricultural Development (IFAD) and DMA Global invite you to an exclusive webinar where you’ll discover how to maximize the potential of RemitSCOPE.org, the free remittance-based information tool.

Why Attend?

RemitSCOPE consolidates publicly-available and purposefully-collected remittance and remittance-market related data into a user-friendly platform, providing indexes and deep-dive insights for each featured country. Currently covering Africa and Latin America, this tool is a valuable resource for anyone involved in the remittance ecosystem, with more regions to be added soon!

What to Expect

This fast-paced, engaging webinar will cover:

Why RemitSCOPE was developed
How it can benefit you and your work
How to access and navigate the tool
Tips to maximize its potential and enhance your remittance knowledge
How it helps you save time, expand your network, and improve decision-making

Hear directly from the development team and actual users who will share their experiences and best practices. Plus, there will be a live Q&A session to answer all your questions!

Who Should Attend?

This webinar is designed for anyone with an interest in remittances, including:

Industry professionals
Regulators, policymakers, and supervisors
Development professionals and consultants
Business leaders and teams responsible for research, business planning, and strategy development

What is RemitSCOPE?

A cutting-edge platform featuring:

• The most up-to-date and trusted remittance data for 54 African countries and 32 in Latin America

• Multiple tools to interact with and analyze data

• Up to 114 different variables per country

• 7 key topic areas and 5 main themes

• Comprehensive country profiles and insightful indexes

• More than just a dataset—an indispensable tool for growing your remittance business!

Don’t miss this opportunity to gain valuable insights, enhance your expertise, and leverage data to drive success in the remittance industry.

Agenda

December 12, 2024 – December 12, 2024 | Author: FFR

Digitalization Financial Inclusion Market Insights

The UN’s International Fund for Agricultural Development (IFAD) today announced the launch of RemitSCOPE, a free and interactive web platform providing essential data on global remittances, the hard-earned money sent home by migrant workers from developing countries.

As migration continues to increase worldwide due to the record number of active conflicts, economic instability, and climate change, RemitSCOPE.org seeks to improve access to digital remittances, reduce transfer costs and facilitate access to related financial products, aiming to improve the lives and livelihoods of vulnerable rural communities in low- and middle-income countries (LMICs).

In developing countries, the money sent home by relatives often serves as an economic lifeline for millions of families. RemitSCOPE.org focuses on these countries from the Global South, where access to finance remains a challenge, especially in rural areas where hunger and poverty remain deeply entrenched.

“Remittances not only help make ends meet, but they also cover essentials like education and healthcare while enabling investments in small businesses,” said Pedro de Vasconcelos, Manager of IFAD’s Financing Facility for Remittances. “This creates resilience to economic shocks and drives long-term economic growth,” he added.

Read more

Nov 29, 2024 9:00 AM - Nov 29, 2024 1:15 PM | Author: FFR

Digitalization Market Insights Remittance Families & Development

The Remittances and Development Program (PRYD) carried out by the Center for Latin American Monetary Studies (CEMLA), together with the International Fund for Agricultural Development of the United Nations (IFAD) hosted the Annual Meeting of The Remittances Program and Development and Presentation of The Remitscope LAC Platform at CEMLA´s headquarters in Mexico City, on November 29, 2024, from 9:00 to 13:15 hrs, Mexico City time.

The first step for the effective analysis of policies that could improve the productive use of remittances and support the development of recipient households and LAC countries is to have information, organized, structured, and easily accessible, that allows evaluating the aspects key to remittance, migration and their relationship with development, which will allow identifying possible measures that can support decision-making in these cases. To achieve this, RemitScope LAC, which includes all the information available on different aspects of remittances, migration, and their relationship with financial inclusion and development has been developed.

To create the platform, information was consolidated through online data, consultations, surveys, and interviews in each country, as well as with the participation of some Central Banks that complemented the official information on these topics.

The event aimed at officials from central banks, bank superintendencies, financial sector supervisory entities, statistical institutes, officials from the remittance industry, and others involved in the issue of migration, remittances, and development.

The event was in person and virtual format, in Spanish with simultaneous translation into English.

On behalf of CEMLA, the event is coordinated by René Maldonado, +52 55 5061 6663, rmaldonado@cemla.org; supported in logistics by Rocío Ramírez Peña, +52 55 5061 6663 mramirez@cemla.org.

Mexico Country Diagnostic

Agenda (English)

Agenda (Spanish)

Nov 20, 2024 9:30 AM - Nov 20, 2024 11:00 AM | Author: FFR

Digitalization Remittance Families & Development

In recent years, digital remittances have gained significant traction due to the proliferation of mobile networks, the emergence of fintech startups, and initiatives promoting digital payments. As a result, the volume of remittances to Africa has been growing steadily over the past decade. The advent of digital technology has revolutionized various sectors globally, and the remittance industry is no exception. It has facilitated easier and more cost-effective transfer methods.

Mobile money services, in particular, have seen a surge in usage as a major remittance channel, facilitating financial inclusion and promoting the development of an entire related ecosystem. The transition into the digital age and the adoption of digital remittances presents a new set of challenges. Yet, understanding these challenges is the first step towards overcoming them and unlocking the potential of digital remittances

In this context, the United Nations Office of the Special Adviser on Africa (OSAA) collaborated with the International Fund for Agricultural Development (IFAD) to organize a webinar on “Embracing Digitalization of Remittances in Africa“ on Wednesday, 20 November, 9:30-11:00 (EST).

This webinar shed light on the considerable developmental potential of the digitalization of remittances, positioning them as pivotal contributors to Africa’s development agenda.

Agenda

Concept Note

Registration

Theme: Digitalization

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