All Press Releases for October 03, 2016

Are We Prepared for the Changes in the World of Remittances?

Millions of migrants around the world send huge amounts in remittances each year to their countries of origin.



    LONDON, ENGLAND, October 03, 2016 /24-7PressRelease/ -- Remittances represent one of the largest single financial forces for good on the planet. There are around 250 million migrants worldwide moving from one developing country to another, rather than moving to a developed country. Sending money across borders complements banking institutions by providing financial services to communities in developed and developing countries. Recipients often depend on remittances to cover daily living expenses, to provide a cushion against emergencies, or to make small investments in business or education. Therefore, remittance services should be safe, efficient, and reliable.

Every year over 120 key remittances CEO's gather at the Annual Remittance Summit -GMTS- Global Money Transfer Summit, organised by the International Association of Money Transfer Networks. This year the Summit will be held on 1-2 November at the Leadenhall Building, London.

During this two days we will discuss the challenges and opportunities for success in all aspects of the remittance business going forward, using the lessons of recent history.

Knowledge and foresight of the ever-dynamic remittance industry is crucial to making the most informed decisions and being best equipped for future success, and this discussion will take centre-stage at GMTS.

As ever, advances in payments technology present fresh challenges. With over 80% of people worldwide having access to a mobile phone, is mobile money finally becoming a viable competitor to cash-based transfers? How well are regulators and current regulation prepared for disruptive money transfer operators and technology? How de-risking is changing the remittance industry.

The world-class speakers at GMTS will offer valuable insights into the direction the remittance business is headed, while the gathering will provide the opportunity to forge new connections and network with industry leaders. Some of our speakers are: MoneyGram International, Ria Money Transfer, Small World, UAE Exchange, Azimo, Mobilink, IFAD, TerraPay, Hooyes, TransferTo, Lebara, GSMS, Little John, Eurogiro, Bank Negara Malaysia and many more.

This is the must attend event for anyone in the cross border payment industry, whether you are a startup, large global company or somewhere in between.

Registration: http://www.iamtn.org/gmts2016
15% Discount expires 10th October 2016.
Sponsorships: [email protected]

About the Summit
The Summit will explore the global remittance markets, the development impact of remittances. The Summit will showcase the dynamism and innovation of the remittance marketplace. It will also serve as a platform where views can be exchanged on how to address obstacles and challenges.

About IAMTN
The International Association of Money Transfer Networks is the only global international trade organisation that represents Money Transfer Industry / Payment Institutions providing cross border payments. Founded in 2005, provides a platform for industry partners to come together to discuss common challenges, industry initiatives, and create opportunities. IAMTN works closely with governments, regulators, regional associations and all other stakeholders to champion the creation of the most effective, safe, reliable and efficient payment system.

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Contact Information

Veronica Studsgaard
IAMTN
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United Kingdom
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