Global payment and remittance companies constantly search for a competitive advantage: service enhancements, promotions, industry segments and target customers to name a few. As the world gets smaller and more connected technologically and in communications, those breakthroughs are harder to find, or at least more difficult to differentiate unique features vs. the available options. Enter…
DetallesMigrant Services Providers, from Travel & Foreign Exchange, to Remittances, airtime (top-ups), bill payment and now courier services, keep agents afloat while digital services continue their growth Download PDF Money Transfer Agents are a common feature in all migrant neighborhoods in cities across all the 5 continents. Full of services for migrants, they normally serve…
DetallesBoth social and economic trends in Latin American and Caribbean countries are increasingly shaped by migration and its intersection with development and economic growth. Therefore, understanding future of migration and how its affect the region can offer cues as to the direction countries will take. An outlook of migration in Latin America and the Caribbean…
DetallesIntroduction The US Bank Secrecy Act (“BSA”) requires that every Money Services Businesses (“MSB”) implement a BSA/Anti-Money Laundering (“AML”) Compliance Program. Risk assessments provide a clear view as to the organization’s policies and procedures. Failure to implement a comprehensive BSA/AML Compliance Program may result in significant fines and/or penalties by state and federal regulators. So,…
DetallesNigerians can be found in most countries of the world. Nigerians are numerous in the United States and the UK, followed by South Africa, UAE and other European countries such as Italy & Spain. As a US survey showed, Nigerians in the US are one of the highest educated migration groups. Due to the ever-growing…
DetallesYou 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…
DetallesThis 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…
DetallesI 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…
DetallesLa semana pasada, en la conferencia anual de ESTAThe European Cash Management Association is a non-profit association established in Brussels in 1975 representing the interests of the sector throughout Europe and count 90% of the European cash management companies as members.... want more?, European Cash Management Association (Asociación de Compañías Europeas de Gestión de Dinero), esta vez en Viena, participé en la moderación de un panel denominado “The war on cash: black clouds or blue sky ahead?” (La guerra contra el efectivo: ¿nubes negras o cielos despejados en el…
