Tag Archives: World economy

16Jun/23

The International Day of Family Remittances

June 15, 2023 /Security/ — The International Day of Family Remittances is a day celebrated every year on June 16 to highlight the importance of remittances to families and communities around the world. Remittances are the money that migrants send back to their families in their home countries. They are a vital source of income for millions of families, and they can have a significant impact on the economies of developing countries.

The International Day of Family Remittances was proclaimed by the United Nations General Assembly in 2018. The day is aimed at migrants because they are the ones who send remittances. Migrants often send money back to their families to help them with basic needs such as food, shelter, and education. Remittances can also help to boost the economies of developing countries by stimulating local businesses and creating jobs. Continue reading

21Dec/22

The European Commission selected the EU Digital Identity Wallet Consortium for the EU Digital Identity Wallet Pilots

The EU Digital Identity Wallet Consortium (EWC), was selected by the European Commission to run one of the Large Scale Pilots for the new EU Digital Identity Wallet (EUDI) ecosystem. Avast, a leading digital security and privacy brand of Gen™, sits on the Executive Team of the consortium, having been closely involved in its formation. The EUDI Wallet is a part of the proposed eIDAS2.0 regulation, which will provide all European citizens access to a trusted digital identity provided by their government and accepted by all EU Member States and EFTA. Continue reading