IAMTN 2020
Report on
Cross-border
Payments

2020 has been a special year for the cross-border remittance industry. To underline the trends that characterized remittance flows throughout the year, IAMTN and the research company CALETA have joined efforts to produce the 2020 Industry Report. The report underlines how the market has continued functioning thanks to new processes and digital instruments.  

Remittance Services Providers:
Beyond a Money Transfer Service, Socially Responsible Companies (2021)

Remittance service providers are companies that are not only profit driven, but also motivated by the goal to support their customers in any way possible. 
IAMTN and CALETA have collaborated to underline how the activities of RSPs will increase financial inclusion and improve many people’s lives.
 

COVID-19 Impact
on Migrants and Remittance Industry

Migrants around the world are being hit hard by lockdowns, layoffs, and illness due to COVID-19. Funds sent by these migrants are playing an increasingly important role in the economies of many developing countries. This trend has been significantly interrupted by the COVID-19 global pandemic, with remittances expected to drop by 20% in 2020, according to the latest forecast by the World Bank.