By Sim Tshabalala
One of the recurring claims in anti-migrant politics is that foreigners take jobs, lower wages, and contribute little to their host society. These claims are, quite simply, contrary to the evidence. Overall, migration is good for growth, and good for job creation.
Migration and financial services are linked through remittances, transaction accounts, foreign exchange, mobile wallets, cash-out networks, merchant payments, and the broader task of moving money safely, cheaply and lawfully across borders. To put it simply: people move; money moves; and – crucially – support for families and for businesses is created…