Future of Person-to-Person Money Flows

Staying ahead of changing economics and geopolitics

The multi-billion-dollar person-to-person money transfer business is very dynamic and sensitive to economic and geopolitical changes. Operating in more than 200 countries and territories, 20,000 corridors and 130 currencies, Western Union is in front and center in the industry, successfully navigating the worlds’ volatility that became the new norm.

Western Union’s Global Money Transfer President Odilon Almeida shares his thoughts on globalization, immigration and the future of the P2P money flows.

“You can be in favor or against globalization, but one thing is certain, people will continue to move and money will continue to move. We believe that it is not about being in favor or against it. It’s about managing it in some way that builds value for the country and for the people that are moving.”

 

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