Biometric technology is being used more and more in the public sector all over the world. In many places, pensioners who are part of an employee pension plan can now turn in their biometric information to renew their life certificates. The people in charge of giving out pensions need to check every so often to […]
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While eGovernance is already widely used in several developed countries, its presence is quite scarce in most developing countries. In fact, in the least developed countries, the concept of eGovernance might not even be present. As a result, government agencies still use ancient methods to run the government, such as excel sheets, binders, and even […]
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While governments must plan carefully for the future workforce, they must not forget the ones that belonged to it before—that is, retirees. These retirees have given a considerable portion of their lives to the workforce and deserve retirement and pensions. However, pension management can be trickier than it seems. For starters, thousands of pensioners spread […]
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Modernizing the traditional cash-based government pension payment system to a digital one can improve outcomes for pensioners, governments, and financial institutions. While sometimes convenient, cash operations require manual distribution procedures that incur high overhead costs and operations risks. In addition, due to difficulties in verifying payments, the manual process is highly susceptible to fraud and […]
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