Manila, May 7 -- The Department of Migrant Workers (DMW) has partnered with the Rizal Commercial Banking Corporation (RCBC) in a bid to empower overseas Filipino workers (OFW) and their families through digital finance.

DMW Secretary Hans Leo Cacdac signed a memorandum of understanding with RCBC executive vice president Lito Villanueva in Makati City on Tuesday to foster and promote a sustainable and inclusive digital economy through collaborative programs on financial education and digital literacy.

"The long-term goal is to equip OFWs and their families with the necessary skills and knowledge to navigate the digital financial landscape, enhancing their financial resilience and independence," Cacdac said in a news release.

"The signin...