Money Transfer Conference in Istanbul invites Bitcoin Remittance Companies
This May, the city of Istanbul will play host to the International Money Transfer Conference or IMTC EMEA 2015. The conference will be held at the Conrad Istanbul Bosphorus Hotel on May 25-27th 2015, and will bring together all the players dealing in money transfer globally. In recent years, businesses involved in money transfer have come to include a heterogeneous mix of telcos, banks, mobile network operators, as well as the latest kid on the block, Bitcoin remittance startups. Global Remittance - A Growth Industry. IMTC EMEA 2015 to be held in Istanbul, Turkey in May. Global remittance....
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An annual international remittance conference will hold a day dedicated to the blockchain and teach attendees about the technology that could potentially disrupt their industry. The International Money Transfer Conference (IMTC) will hold the Blockchain and Remittance Day during their event in Istanbul on May 25th. The one-day event will be part of a larger conference about remittances in the Middle East, Africa and Europe. Attendees range from executives of large remittance companies to industry analysts to founders of money transfer startups. The special blockchain event is meant to....
Bitcoin remittance startups are invited to be part of an international conference happening next month in Istanbul. Bitcoin based services are gaining prominence in the global money transfer and remittance market. The role of Bitcoin and its potential to change the global economy is being recognized and acknowledged by the traditional players in banking and finance sectors. The recent letter to the stakeholders of JPMorgan Chase is one of the many examples. The inclusion of Bitcoin based companies to International Money Transfer Conference - IMTC EMEA 2015 further strengthens its position....
The International Money Transfer Conference (IMTC) is set to hold the first Blockchain and Remittance Day in Istanbul on May 25. This one-day event is part of a larger conference featuring remittances in the Middle East, Africa, and Europe. In particular, the Blockchain and Remittance Day event will feature a range of new systems and services built to enhance remittances and money transfers. Spotlight on Bitcoin and Blockchain. Blockchain refers to a public ledger of transactions for bitcoin which undergo verification through complex algorithms solved by computers or bitcoin miners. Apart....
The bad news is how companies looking into this business model will need to convince the Central Bank of Nigeria about their intentions. Money transfer services are prone to disruption by new technologies. Many people feel Bitcoin, and other cryptocurrencies are a legitimate threat to remittance services. But in Nigeria, MoneyGram will continue its operations, as they are officially recognised as a trusted money transfer provider. This news comes on the heels of various remittance platform shaving their licenses revoked two weeks ago. It will not be easy to venture into the money transfer....
A new partnership between Indian bitcoin exchange Coinsecure and global money transfer platform OKLink – a spinoff of Chinese bitcoin exchange OKCoin – will see digital currency and fiat remittances to Indians using blockchain technology. Indian citizens will soon be able to send or receive funds in bitcoin and the local fiat Indian rupee from countries around the globe via a newly developed blockchain remittance platform. The blockchain-remittance offering is expected to bring fees from an industry average of 3%-5% down to a relatively modest 0.5%. India is the largest receiver of....