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IMTC ASIA 2018 SUMMARY
Analyzing the results of IMTC ASIA 2018 in Manila September 19-21, the first thing that comes to mind is the very interesting state of the money transfer industry in The Philippines. Companies, colleagues, regulators, government representatives, were very open to share their ideas, their work, their vision, which contributed to understand key transformations that the…
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Digital vs. Cash, are we getting it all wrong?
This article was conceived after discussing with colleagues in the industry why the payments world has been driven into the Cash vs. Digital dichotomy. My research on cash has been inspired by analyzing the penalization of cash-based industries, such as the money transfer industry by the banking sector, which has resulted in the derisking phenomenon…
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Preparing for IMTC ASIA 2018 in September
Last week, May 2-5, myself, Hugo Cuevas-Mohr and Olivia Chow, from Yokip Consulting, our partner in the RemTech Awards and The Blockchain Series Coordinator, were in Manila in a round of visits with local authorities, money transfer companies, banks and associations. The main objective was to prepare the program for our coming IMTC ASIA 2018…
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WOMEN IN THE MONEY TRANSFER INDUSTRY
In the last months we have seen a great movement by women to raise their voices and demand that institutions, companies and society in general, pays attention to their demands, needs and their equal place in the decisions that we as humans are taking with respect to the world we want to live in and…
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THE FUTURE OF PAYMENTS: MTOs, PIs, REMTECH & THE BLOCKCHAIN
PART ONE: Cash: Is the payments king dying? or is the king creating its own separate kingdom? Although is not exactly clear how the payments industry will evolve in the near future, we agree that 2018 is likely to be a significant year for the financial services industry: banks, eCommerce, fintechs, payment institutions and other alternative…
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CHILE: WHERE MIGRANTS BECOME AN EVERYDAY SURPRISE
In my recent visit to Chile, where I traveled to make sure the country would be the best site for our 2019 IMC LATAM conference, I was very surprised by the large number of migrants entering the country, the growing number of agents & branches of established money transfer companies such as AFEX, MORE Money…
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THE GEOPOLITICS OF PAYMENTS, THE NO-DEAL FOR MONEYGRAM AND THE LOOMING TRADE WAR
The news [1] January 2nd didn’t come as a surprise for the industry as President Trump has criticized China for its trade and currency policies and its “America First” slogan has been the damocle’s sword hanging over the deal. We analyzed the deal in a past blog explaining the US Committee on Foreign Investment (CFIUS) involvement in…
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MSBA Names New Chairman and Board
In a recent Press Release, the Money Services Business Association (MSBA) – the US trade association that represents the growing non-bank money services industry, announced the formation of a new Board of Directors, a new Chairman of the Board and new Board members. The MSBA named Viamericas Corporation CEO Paul Dwyer as its new Chairman, succeeding…
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