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After a series of media interviews a couple of weeks ago, in a trip to Guatemala, I realized in a moment that I was witnessing a change in the public perception of remittances that I had not grasped b...
The situation in Saudi Arabia for overseas workers is critical. During the oil boom migrant workers went from 5.3M in 2000 to 10.2M in 2015 according to UN figures. More than 1M have lost their jobs i...
The timing could not have been better. FATF just published – February 2016, a report that all Compliance Officers of this industry must read, entitled Guidance for a Risk-Based Approach for Money or V...
I think it is very important that every person in the International Money Transfer & Payments (IMT&Ps) industry reads the GAO Report published on February 16th, 2016, entitled INTERNATIONAL RE...
When Remittances Are Needed The Most As part of our presentation on the Somalian Remittance Crisis at IMTC USA 2015 and IMTC EMEA 2015 here are some key aspects that you should know about Somalia, t...
In English, a “moving target” is when you set your expectation for something – some task, some desirable outcome, a target, and then when it is met you ‘move the target’ and set another expectation. I...
We all know that technology and the creativity surrounding the tech revolution is inspiring a vast number of payment innovations. Online financial services, mobile payments, eWallets, bitcoin & th...
In the Cash Room of the Treasury Building last Tuesday, January 13th, 100+ attendees gathered to participate in the Roundtable organized by the US Treasury in order to discuss the wave of account ...
As I did for 2013, I have put together the 10 most important news stories for the International Money Transfer Industry in 2014, as a way to reflect back and at the same time analyze the trends for th...
The announcement Wednesday, April 10th 2013, that one Licensed Money Transmitter, Braz Transfer, was shot down by the Massachusetts Division of Banking (http://1.usa.gov/ZezCTc ) and two other were i...