How is technology changing the remittance industry?

Guest blogpost by Hugo Cuevas-Mohr of IMTC Conferences and Mohr World Consulting.

In the process of building the RemTECH Awards and asking ourselves what innovation in the remittances industry meant, I searched the internet and talked to colleagues, both in the traditional financial services sector, bank and non-bank, as well as in fintech start-ups.

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Topics: Virtual Currency, FinTech, Money Transfer, MSB

IMTC World 2016 - Five Can't Miss Sessions

This week is a pivotal one for US remitters. Presidential Candidate Donald Trump has said the country of Mexico will fund the $5B-$10B cost of a 'border wall' or he will use the USA PATRIOT Act to halt all US remittances to Mexico. Mexico is the largest beneficiary of US remittances, receiving $24B or slightly more than 18% of all remittances sent from the United States.

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Topics: Money Transfer

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