Providing Our Clients With Expert Advice And Industry Best Practices
Call US TODAY
864-649-6300
English Spanish
Menu
Search

In The News

Home > BSA/AML & Consumer Protection > World Bank Predicts Sharpest Decline of Remittances in Recent History
Apr24 - 20

World Bank Predicts Sharpest Decline of Remittances in Recent History

WASHINGTON, April 22, 2020 — Global remittances are projected to decline sharply by about 20 percent in 2020 due to the economic crisis induced by the COVID-19 pandemic and shutdown. The projected fall, which would be the sharpest decline in recent history, is largely due to a fall in the wages and employment of migrant workers, who tend to be more vulnerable to loss of employment and wages during an economic crisis in a host country. Read the complete article HERE.

Categories

Archives

Events

April
27-29, 2021

LATAM 2021 will be a virtual event taking place April 27-29, 2021. Learn what the Latin American market will look like after COVID-19. Learn more…

May
5-7, 2021

The 2021 IMTC EMEA event is the first-ever hybrid event of the Cross-Border Payment Industry in Europe. Learn how to register for this event here.

contact us

Please fill out all fields marked with* and submit the following form to
request your consultation.

Contact Us Today

Please fill out all fields marked with * and submit the following form to request your consultation.

  • This field is for validation purposes and should be left unchanged.
Call Now Button