By Olivia Chow Thunes offers a global platform that provides seamless transfer of funds between payment systems in more than 100 countries and 60 currencies. The company was born last year as the cross-border payments offspring of TransferTo, which was established in 2005 beginning with a mobile top-up and rewards business that has become the…
Nabil spent twelve years growing the business at Western Union between 1998 and 2004 across North America, MENA, Asia, and Europe. He also spent 4 years as President and CEO of Omnex Group, 5 years as CEO of Account Control Technology Holdings, and is now President and CEO of CieloPay. This resume has earned him…
I met Ronald Mazursky at his NYPAY event, a New York City payments and mobile commerce group hosting events for innovators and leaders since 2006. He is a founder, officer, and board member of NYPAY. The events often revolve around conversations that involve issuers, merchants, networks, FinTech startups, regulators, and others. As a result, lively…
Sofia Freyder gives us her words of wisdom and joins our RemTECH judging panel again. She’s led the development of international payment products for some of the largest players in the industry, including Western Union, MasterCard, Earthport, and now, JPMorgan. Last year she spoke to us about how innovators can partner with the type of…
When discussing financial inclusion in Africa, it’s hard to have that conversation without including M-Pesa. The product, born in 2007, has utilized the telecommunication networks to provide a way for Kenyans, and now many other Africans, to hold and transfer funds digitally through mobile money. Today, M-Pesa transfers over a $1B each month from their…
If one thing is sure, this pandemic will change how we address our issues, personally and professionally. This week we spoke to Luis Cambronero, co-founder of TransferZero. We wanted to analyze with him the impact of the COVID-19 crisis on cross-border payments companies. Our main question is: What are the challenges and opportunities money transfer…
“Crap!” Aamer quickly covers his mouth and apologizes for swearing. My New York ears were shocked. To be sure, Aamer Abedi, Chief Marketing Officer of RemitONE is a good guy. This transfers over to his passion for remittances and the people the money impacts. This, in particular, is true for the case with money transfer…
Catching up with 2018 RemTECH Entry, Guppy.ai I am fortunate enough to speak with Sanjib Kalita, the Chief Marketing Officer who led Money 20/20’s early marketing efforts. Before that, Sanjib worked in payments at Google and Citi Cards for nearly a decade, which he draws upon in his new startup, Guppy.ai. They are putting…
You can’t miss Sofia Freyder. She’s currently Executive Director at JPMorgan Chase for digital payments. Iron straight platinum blond hair, red lipstick, and poise that contrasts the sea of men in what often feels like a ratio of 10 to 1 at a money transfer conference. I hesitate to do the cliche thing of focusing…
This year’s Consensus 2019 was dubbed the “survivor” conference, which eludes to how only the ones delivering real value remain in the blockchain industry after the overpopulation of 2018. I quietly had lunch on Day 2 and met a Henry Balani who took a break from crypto and started talking to me about international money…
I split my time between the crypto and international money transfer world. To speak in generalities, the energy, mindset, and concerns are dramatically different. When it comes to compliance, however, I do think some parts of the cryptosphere are starting to edge closer: Fear the regulator — or your business will face capital punishment. No…
I hold a special place in my remittance heart for Faisal Khan, a name you’ll surely see if you Google anything on remittances or money transfers. Faisal is also an advisor to Hippocorn, a venture capital firm out of Denmark. I would not be working on the RemTECH Awards with the director of the International…
Leon Isaacs once joked that he’d throw me over a boat when I met him in New York at the first RemTECH Awards back in 2016. The comment from the CEO and co-founder of Developing Markets Association (DMA) was in response to the research I had published on the US remittance market. DMA is a…
On November 15th, the Financial Services Advisor, a Newsletter published by The Interamerican Dialogue, a Washington, DC think tank where well-known remittance expert Manuel Orozco is the Director of the Migration, Remittances and Development Program, has published a Q&A entitled What Is Driving Remittances to the Region? where Manuel and several colleagues – including myself, most obliged,…
The more I learn about money transfer comparison websites, the more I am fascinated by the results that they provide. And they are getting better and better, and they are each finding a way to present their information and develop their own character. Are they being used by end-users? Who, how? Are they been used…
“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.
We are enclosing an interview with Elena Gafarova, the VP of Global Sales and Product Management at CONTACT. CONTACT is a leading International Money Transfers and Payments system founded in Moscow in 1999 by RUSSLAVBANK and has a network of 230 000 service points, including payment terminals in over 100 countries. CONTACT will be a…
