April 30, 2013 – Maastricht, Netherlands – Mondato, a leading management consultancy specializing in mobile financial services, has been invited to attend and present at the International Policy Debate on Remittances, Entrepreneurship and Development at Maastricht University in the Netherlands in May. The Debate was organized under the heading of the IS Academy project, “Migration and Development: A World in Motion.” This four-year research project, financed by the Dutch Ministry of Foreign Affairs, explores the linkages between migration and development through avenues of remittances, return and the diaspora.
Ariadne Plaitakis, Mondato’s General Counsel, will lead a presentation on how mobile financial services (MFS) can render remittances easier and cheaper, and thus facilitate entrepreneurship in remittance receiving nations. According to the World Bank, officially recorded remittances have more than doubled in the last decade, with developing countries receiving more than 75% of total remittances globally. These numbers are only expected to increase, making MFS and remittances essential and extremely important in the development of emerging markets and businesses.
The event will draw important attention to the influence of remittances and MFS on migrant entrepreneurship amongst government officials and leaders in the payment industry. “I truly look forward to participating in this unique debate and sharing Mondato’s expertise on initiatives in the industry,” says Ms. Plaitakis.