MIAMI, Feb. 17, 2014 /PRNewswire/ -- IMTC, in a joint effort with ABRACAM will host the second edition of the conference and trade fair in Sao Paulo bringing together international and Brazilian financial institutions - Banks, Money Transfer Companies, Forex Firms, Mobile Payment providers, Card Companies (Credit, debit, prepaid), internet based payment systems - to a country that has seen a major development of its outbound money transfer market in just two years.
Geraldo Magela, Executive Secretary of Brazil's Central Bank and Antonio Carlos Ferreira , Director of Analysis and Supervision of COAF-MF, the country's anti-money laundering body, will inaugurate the conference where presentations of money transfer and forex experts will be offered, together with panels moderated by IMTC, ABRACAM and ABMTransf.
Other highlights will be the presence of Emilio Garofalo Filho, leading expert in the modernization of Brazil's forex regulations, Oscar Boidanich from SEPRELAD, Paraguay's anti-money laundering body and a Panel on Virtual Currencies, where the future of Bitcoin and other digital currencies will be explored.
Brazil has been very active opening its financial sector, modernizing regulations, strengthening compliance, as the country moves to overtake France as the fifth largest economy in the world. Brazil is also preparing for the World Cup and the Olympics. Brazil growth has attracted a large number of migrants, especially from Paraguay and Bolivia, boosting the growing remittance market.
Hugo Cuevas-Mohr, Director at IMTC said: "We are thankful for the support of the Brazilian Government, financial institutions and international companies that are realizing the great opportunities this country has to offer. This is an excellent time to explore the market and to make strategic alliances. We are also very thankful to Abracam for working together with us in bringing IMTC once again to Brazil."
This year's main sponsors are Banco Paulista, Brazil's premier Money Transfer Institution, Contact, a leading money transfer service in Europe and Asia, B & T Corretora, one of the leading Forex Brokers in the country.
IMTC Brasil 2014 will also present on March 26th, its renowned Money Transfer Compliance Certification Course, developed and taught by US Compliance expert Connie Fenchel and The Brasil Seminar, a guide to investing in the Payment Industry in Brazil developed in partnership with Alves & Associates.
IMTC Miami has become the flagship conference of the money transfer industry worldwide, where 400+ participants from 40+ countries meet every year in October. In 2011 IMTC launched IMTC West in the US West Coast and with the help of local associations IMTC Brasil (First Conference, Feb. 2012) and IMTC Mexico (First Conference, June. 2013) have been developed.
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