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Recent data shows that a competitive and diverse number of money transfer operators are participating in this regional growth. Yet different developments in 2024 may point to shifts among underlying factors driving remittance growth. Typically continued migration, increases in principal remitted, new migrant senders, and market incentives are some determinants of growth. Additional issues include regulations or changes in the competitive landscape. A proposal to impose a tax on remittances in Florida and stricter immigration policies from the Biden administration present political challenges.
How does the industry expect remittances to evolve alongside migration patterns in the year ahead? What are the factors preventing or shaping these expectations differently? How are partners in Latin America and the Caribbean performing and what are they signaling in terms of payments? To what extent do US politics affect migration and remittance flows? Is there any foreseeable impact in the competition to watch? Will pricing exhibit any shifts or will it continue its regular performance? Join us at the Inter-American Dialogue on February 16, 2024 from 12:30 to 1:45 PM EST for a dynamic discussion on the year ahead.
Follow this event on Twitter at #Remittances and @The_Dialogue.
We invite participants to submit questions using the Q&A function in Zoom.
Please note that this event will be held in English.
PANELISTS
SAEMA SOMALYA
Executive Vice President, Legal and Risk, Remitly (@ssomalya)
PAUL DWYER
CEO and Co-founder, Viamericas
GERARDO AMELIO
Chief Commercial Officer (CCO), TransNetwork LLC
ALBERTO LAUREANO
CEO, DolFinTech
MODERATOR
MANUEL OROZCO
Director, Migration, Remittances, and Development Program, Inter-American Dialogue (@manuelorozco65)
