VoiceCash Bank Welcomes the 3rd International Money Transfer and Migrant Remittances Summit

June 22, 2010 - PRLog -- Munich, 22.06.2010 [VCB220610XG]. Michael Kramer, CEO of VoiceCash Group, pioneers in the field of Mobile Money Transfer has warmly welcomed the third international Money Transfer and Migrant Remittances Summit. Speaking with journalists in Munich he called for more cooperation, more transparency and better worldwide understanding of the problems of migrant workers.

Migrant Remittances require new technologies and solutions
“Often these people, who are vital to the world economy, are those who are least well served by the international banking industry. Anyone who has made recent money transfers knows both how expensive this can be and also how frustrating when delay occurs. And, sadly, this occurs all too frequently.

Of special interest to us will be those aspects dealing with building customer confidence among these people. From our corporate beginning we have stressed the importance of creating transparency, value and efficiency as a step towards longer relationships. We will therefore be interested to hear how the broader industry is treating these highly important areas.”

Mr Kramer went on to add that another area of interest to him was that of growing fraudulence, especially in international internet based transactions, that could deeply affect the money transfer market. “This is an area that has received a high level of publicity recently. It is also one that often attacks the weakest in international society. Just what can be done to curtail it is open to question; but that is a question that has to be addressed - along with many other grey areas of international banking practice and law.”

“As a company with a highly relevant and unique approach to technology, we will be present to observe the way various topics are dealt with. Ready if the occasion occurs to raise some possibly embarrassing questions to the entrenched establishment.”

VoiceCash at the Money Transfer & Remittances Summit
This year’s 3rd Annual International Money Transfer & Migrant Remittances Summit takes place in Barcelona, Wednesday 23 and Thursday 24 June 2010. The conference captures the main players within the industry and provides hard facts on the latest global and regional trends. Addressing the key KYC, regulatory and compliance challenges the summit will be opened by a keynote address from the World Bank presenting on their 5x5 objective.

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About VoiceCash:
VoiceCash specializes in International Mobile Money Transfer. The VoiceCash services enable mobile users to share money with family members or friends abroad. VoiceCash Bank has a full European SEPA Banking license. Thus VoiceCash appears as a turnkey supplier for money transfer services offering mobile operators, banks and other service providers a central processing system for worldwide mobile transactions. For more information, see http://www.voicecash.com