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The Money Transfer Industry to Converge in Istanbul at IMTC EMEA on May 25-27

IMTC Announces Major European Institutions as Sponsors of the Coming Remittances Event

MIAMI, May 4, 2015 /PRNewswire/ -- IMTC has announced that UPT and RIA as well as other global money transfer institutions, will be the sponsors of IMTC EMEA 2015, IMTC's inaugural European Conference in Istanbul, May 25 to 27 at the Conrad Istanbul Hotel. Since 2006, IMTC has hosted the world's largest Money Transfer Conferences and Trade Fairs. With remittances continuing to rise, the industry is seeing significant changes to the traditional business models with new developments from the Fintech sector. With new players entering the market, the event will provide the platform for representatives from Europe, Middle East, Africa, Asia and North America, to take the stage in Turkey.

Those attending are Remittance Service Providers, such as Bank and Non-Bank Financial Institutions, Money Transfer Operators (MTOs), Mobile Network Operators (MNOs), Forex firms, Bitcoin Remittance startups, as well as remittance professionals, consultants, vendors and suppliers. The Conference is also sponsored by Xpress Money, MoneyTrans, Uniteller/Banorte, Contact System, Merchants Bank, all ready to welcome participants to this ground-breaking event.

In its newest Remittance & Development Brief, the World Bank has estimated that remittance flows are expected to slow down in the short term due to lower gas prices which hurts the oil-rich nations and their foreign workers. Global remittances are estimated to rise to $586 billion in 2015 and $636 billion in 2017. The stock of international migrants will surpass 250 million in 2015.

Hugo Cuevas-Mohr, Director at IMTC, states: "IMTC is where all the institutions that are part of this industry converge to develop partnerships and discuss the challenges and opportunities of the different markets around the world. The industry is very dynamic now with digital, online/mobile channels increasing its offerings to consumers."

IMTC also is also holding MTBIT - Blockchain & Remittances Day on May 25th where Bitcoin Entrepreneurs are invited to share their remittance plans and meet other market players. Concurrently, the well-known MTCC, Money Transfer Compliance Certification Course, developed by US expert Connie Fenchel, will be also offered.

IMTC (http://www.imtconferences.com) organizes IMTC WORLD in Miami, the largest industry gathering in the world, IMTC USA in Las Vegas, IMTC EMEA in Istanbul and IMTC BRASIL in Sao Paulo. The first IMTC ASIA will be in September 2016 in Delhi.

Sara Llano ([email protected]) +17862387857

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