How is technology changing the remittance industry?

In the process of building the RemTECH Awards http://bit.ly/RemAwards1 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. I began with fintech and what is truly interesting is that there…

IMTC LATAM 2017 Afterthoughts

Never before in an IMTC Conference we have had so many representatives from such a large number of sectors of society: politicians, ex-politicians, researchers, academics, pollsters, migration specialists, opinion makers, journalists, social workers, representatives of NGOs, cooperatives, “Cajas” (community banks), workers’ banks, entrepreneurs, remittance companies directives and commercial bank executives. I think that three factors…

Vamos llegando (We are arriving) – poem & song

Almost 10 years ago I wrote this poem entitled “encontrando espacio” (finding space) that was published in my 2008 poetry book “más allá del mar”. Italian composer, Massimiliano Agelao, created a song, entitled “vamos llegando” (we are arriving) that was recorded – and performed, by a young group of musicians and singers in Colombia, called Grupo Musicalizando.
The song and the poem are a tribute to all the men and women who courageously challenge borders in search of a better future for themselves and their families … a tribute to the migrants of the whole world. I these worrying times of massive walls and deportations, I felt that it was a good time to share it with you.

The poem and the song are in Spanish and the translation is just to help you understand it; it is not, by any means a poetic translation…

Remittances, Migration & the Trump Effect: The Press Asks Questions

“It is the migrant, most of the time forgotten, who is sustaining the economy”
Diario La Hora – Guatemala – Jan 20, 2017

Hugo Cuevas Mohr, director of IMTC (International Money Transfer Conferences), has worked for years advising bank and non-bank institutions on international money transfers, payments and remittances. In preparation for the IMTC regional forum that will be held in Antigua, Guatemala in March 8-10, he visited the country to talk about migration and remittances, in a moment where the appointment of Donald Trump as President of the United States has brought the subject to the foreground.

Cuevas-Mohr warned that countries in the Central American region and Mexico should not wait to take preventive measures that could protect migrants should US authorities push for legal changes that affect them.

Remesas, Migración y el Efecto Trump: La Prensa Pregunta

“Es el migrante, muchas veces olvidado, el que está financiando toda la economía”
Diario La Hora – Guatemala – Ene 20, 2017
Remesas se incrementaron por incertidumbre tras victoria de Trump

Hugo Cuevas Mohr, director de IMTC (Internacional Money Transfer Conferences), ha trabajado durante años asesorando a empresas bancarias y no bancarias sobre los asuntos de transferencias de dinero y remesas. Previamente al foro regional de IMTC que se llevará a cabo en la Antigua Guatemala en marzo, visitó el país para hablar sobre migración y remesas en el contexto del nombramiento de Donald Trump como presidente de los Estados Unidos. Cuevas-Mohr advierte que los países de la región centroamericana y México no deben esperar para tomar medidas preventivas que puedan proteger a los migrantes en caso de que las autoridades estadounidenses impulsen cambios legales que los afecten.

Press Release: IMTC LATAM 2017

Miami, January 5, 2017 – IMTC, the premier events of the International Money Transfer & Payments Industry, has announced today that its first remittance & migration conference of 2017 will be held in Antigua, Guatemala at the Porta Hotel. IMTC LATAM 2017 will be it’s first conference in Central America and will draw attendees from the Americas & Europe.

Remittances to Guatemala will surpass US 7 Billion for 2016, an all-time high. Remittances to Guatemala have grown steadily since 2010 with an average growth of 6% per year, outperforming most of the countries in the region. But also El Salvador, Honduras and even Mexico has seen remittances grow in 2016, all of them reaching all-time highs. Remittances to Honduras are expected to reach 4 billion while El Salvador could reach 4.5 B when year-end statistics are published. Higher incomes in the US and Trump fears are cited as reasons for the increases.

Notes about IMTC ASIA 2016

Our September conference in Delhi was without a question of a doubt one of the most challenging conferences IMTC has done ever. It would take me many paragraphs to explain this statement, so I am not going to elaborate much more. But at the same time, it has been one of the most rewarding conferences due to the engagement of the attendees and the great feedback received. We had close to 100 attendees from 14 countries: US, UK, Spain, Portugal, Mexico, Russia, UAE, Nepal, Hong Kong, Mongolia, Singapore, Israel and the host country, India. All Photos have been posted here.

IMTC CUBA 2016: a breakthrough

The trust of the international financial sector, mainly all major remittance companies that have been coming to our conferences, was based on the belief that we could put this together, even if many hours were spent on the phone answering doubts and fears. They knew that we could bring together everyone in a spirit of collaboration, colleagues that even competing among themselves, can share a space and a time to build as an industry, a common future. I thank each and every one that came, a list that you can check here, and I value all the comments and warm words that we have been receiving for this historic event.

IMTC EMEA 2015: a huge success

IMTC EMEA 2015 ended last week with more than 160 participants beating all our expectations. We are very thankful with our great sponsors and the speakers who delivered very interesting presentations – downloads available from our IMTC site, and and shared their knowledge and opinions in the panels in our plenaries. We thank also the great…

The power of Linkedin

Do you know?

Do you know that Linkedin has 259 million users and growing by about 38% per year? Do you know that 40% of members check in daily and 38% do it from their phones? Do you know that it had a 35% growth in traffic in the past year? And that it is responsible for 64% of all visits from social media channels to corporate websites?Do you know we have a great IMTC Linked in Group?

Glenbrook and The International Money Transfer Conference

Glenbrook’s Payments Essentials industry education programs are designed to help payments professionals reach new levels of understanding and insight into the payments industry. We’ll help you make sense out of the complexity of the payments landscape – by explaining the economic framework of the industry, by putting new developments in context, and by highlighting trends,…

Contact and Banorte to sponsor IMTC USA 2013 in Los Angeles come April

IMTC will host its third edition of its International Money Transfer Conference and Trade Fair in the West Coast, IMTC USA 2013. IMTC brings together experts and company representatives of the Money Transfer Industry to discuss the trends and issues that the industry faces. Additionally, the conference provides major networking and business opportunities with other MT institutions. Today, IMTC is thrilled to announce that CONTACT and BANORTE will be the two major sponsors for this conference.