De-risking — the practice of financial institutions exiting relationships with, and closing the accounts of, clients perceived to be “high risk” — is threatening the way we transfer money. What other trends are affecting the remittance industry?

About the author

  • Sophie Edwards

    Sophie Edwards is a Reporter for Devex based in London covering global development news including global education, water and sanitation, innovative financing, the environment along with other topics. She has previously worked for NGOs, the World Bank and spent a number of years as a journalist for a regional newspaper in the U.K. She has an MA from the Institute of Development Studies and a BA from Cambridge University.