The World Bank - Working for a world free of poverty
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This blog is hosted by Dilip Ratha, lead economist at the World Bank. Its goal is to leverage migration and remittances for development.
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INTERNATIONAL REMITTANCE FOREIGN WORKERS
I have been reading with interest that the US govenment is pressing to reduce or push out small remittance companies, in some cases good reasons apply however for a society which announces a full democracy
I have been working on a global project M2CASH for 4 years where global transactions can be sent to a number of receiving methods ATM,EFTPOS OR POS
The key factor in the development would allow govenments to access all transactions and monitoring for AML if this is the true reasons for their reduction of money transfer companies
The legitimate companies will then be able to use this highway for transactions globally