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.
On March 22, 2024, the Inter-American Dialogue released the report “Remittances to Cuba and the Marketplace in 2024.” The report, produced by Manuel Orozco, director of the Migration, Remittances, and Development program, analyzes money transfers to Cuba, their changing composition, the evolution of origination regulation, and this evolution’s impact on the Cuban economy.