Digital solutions playing a role in reducing costs of remittances

Mobile technologies have proven to reduce costs in half. As the world is gaining momentum on the 4th industrial revolution, digital and mobile technology is enabling a more effective and cost reduction savings for senders and receivers of remittances.

The UN has established a goal to lower the cost of remittances to less than 3% by the year 2023. In 2017 digital technologies have nearly achieved this goal. Digital solutions have enabled transactions to be faster, secured and more transparent.

On the 06 & 07 March 2019, the Cross Border Remittances in the Digital Age Conference seeks to explore these mobile technologies and outline how local banks and financial services can take advantage of this phenomenon in order to cut costs.

The event taking place at the Indaba Hotel, Fourways, Johannesburg and will be addressed by more than 16 speakers including a panel discussion. We have assembled an expert speaker panel from companies such as ABSA, FSS Technology, Veneka, Network International, Investec Bank, Cliffe Dekker Hofmeyr, IQ Business, UBank, Nedbank, SFX Foreign Exchange to name a few.

The conference will be attended by professionals dealing with interbank payments, exchange control, compliance & risk, cross border transactions, money transfers, channel management, remittances, mobile payments, clearing & settlements, regulation, anti-money laundering, fraud, sanctions, financial crime, international payments, cash management to name a few.

This conference is one that professionals within the space of remittance and money transfers do not want to miss out on.

To register contact Xavier Dipedi, Project Manager, on 011-803-1553 or

Sponsorship & Exhibition enquiries are handled by Jason Joseph, or call 011 803 1553

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