Apply Now: $250,000 grant for Digital Remittance Solutions to Support repatriated money laundering overseas by illegal aliens working in US

This after Walmart, Western Union, and MoneyGram may be subjected to a 7% “money laundering” tax to recoup the $130B in cash funneled out of the US per year that has been reported previously in this blog feed –

On Mon, Jun 1, 2020 at 2:13 AM ICTworks

Apply Now: $250,000 for Digital Remittance Solutions to Support Migrants

By Wayan Vota on June 1, 2020

Grant Funding for Digital Remittance

As the world suffers coronavirus’ socioeconomic repercussions, global remittances are slowing substantially. Countries with high COVID-19 cases host 75% of the world’s migrants, sending 90% of global remittances. This means global remittances may decline by 20% in 2020, with dire consequences for people in low and middle income countries.

Digital remittances present several advantages for migrants seeking to send money back home, including:

  • Alternatives to in-person interactions at bricks-and-mortar RSP branches, resulting in large time and cost savings during travel restrictions
  • Increased access to additional financial services, such as digital savings, credit and insurance, which could provide safety nets and strengthen resilience.

Yet, many migrants are not yet aware of the benefits and use-cases of digital financial services, and may not know how to register for a digital transaction account such as a mobile wallet.

Grant Funding for Digital Remittance Solutions

UNCDF is seeking remittance provider partners for their COVID-19 Digital Response: innovative use-cases, products or business models that support migrants and their families through continued access to inclusive and affordable remittance options and resources for their financial and physical wellbeing.

Subscribe Now for more Grant Funding!

UNCDF Digital Remittance RFA will provide $50,000 to $250,000 performance-based grants for solutions that address one of these three areas of impact:

  • Access: Promoting access to and the adoption of digital remittance channels
  • Usage: Scaling digital remittances use-cases for migrant workers and families
  • Financial Services: Linking remittances with value- added products and services for migrant workers and their families

The interventions can be linked to any country, but should impact migrants from Senegal, Ethiopia, Nepal, Bangladesh, and Myanmar or be regional interventions facilitating digital solutions for migrants within Central Africa, East Africa and West Africa.

Apply Now! Deadline is June 8, 2020

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The post Apply Now: $250,000 for Digital Remittance Solutions to Support Migrants appeared first on ICTworks.

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The Digis
Apply Now – Deadline June 3, 2020
The U.S. Global Development Lab is launching the 2020 Digital Development Awards (The Digis) to recognize USAID Missions, Bureaus and implementing partners helping countries on their Journey to Self-Reliance through the use of digital technologies.

2020 Digital Development Awards

The Digis recognize and celebrate USAID-funded projects and activities that use digital technology to sustain open, secure, and inclusive digital ecosystems that improve measurable development and humanitarian-assistance outcomes.

All USAID staff and implementing partners working on a USAID-funded project are encouraged to apply by June 3, 2020. Winners will receive Agency recognition and public visibility for their groundbreaking work

Thanks for your interest in ICTworks – an ICT4D practitioner community. ICTworks is an initiative of Inveneo, FHI 360, TechChange, and Intrahealth International.

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