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Blog Post
February 20, 2015
In a few weeks’ time Australia’s Westpac bank will start closing down the accounts of money transfer organizations used by immigrants to send money home. Westpac is the last major Australian bank still offering services to organizations in the country’s US$25bn remittance sector.
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Blog Post
February 09, 2015
De-banking is an ugly word, but it’s the focus of a new working group launched by CGD in Europe. Banks in rich countries, under pressure from anti–money laundering and counterterrorism enforcement efforts, are increasingly “de-banking” money transfer organizations that operate in p...
Blog Post
January 22, 2015
Amid rising interest in social impact investment, a growing number of social impact bonds, and a persistent interest in how the private sector can be best engaged in addressing global development challenges, Development Impact Bonds (DIBs) have been attracting a lot of attention....