Key players in the Remittance Industry will gather at “GMT Summit-2012”

As every year the International Association of Money Transfer Networks (IAMTN) is inviting money transfer professionals from all over the world to the major event of the industry - the Global Money Transfer Summit. This year’s London Summit will take place on 7th & 8th November 2012 at London Hilton Docklands Riverside.

The financial crisis of 2008 that started with the collapse of the financial sector in the United States and Western Europe quickly spread to countries around the globe. It is critical to understand the impact of this crisis in the remittance industry. There is likely to be more consolidation in the remittances market, as it becomes increasingly difficult for small and medium sized operators to maintain profitability, given the current trends in the business. This phenomenon is being driven by reducing prices, tighter margins and more competition. RSPs cannot get away from regulation but instead of looking at it as a barrier the industry would benefit from looking at it as creating a level playing field.

There are so many elements to regulation, including anti-money laundering/CFT, licensing and consumer protection. Over 95% of all of Europe’s payment institutions are authorised or registered by the FSA. With this concentration of operators it is vital that the industry has an open dialogue with all the organisations that regulate and monitor the industry. In this interactive session the four main UK Government Policy and implementation bodies - Her Majesty’s Treasury, the Financial Services Authority, Her Majesty’s Customs and Revenue and the Serious Organised Crime Authority will update the audience on current trends and new initiatives in this area.

Don’t miss this 2012 Summit. Register now!2011 was by far the most wide-ranging and informative conference that we have held to date and 2012 promise even more. The event is open to members and non-members alike and attracts delegates from across the world who come not only to hear from our fantastic array of speakers but also to meet their fellow industry partners.

The purpose of the conference is to inform the money transfer operators, banks, foreign exchange houses, technology providers and other delegates of the trends that we are seeing and anticipating in the money transfer market.

We have an exceptional list of speakers who will cover items ranging from the big trends that are affecting the global environment for payments, the review of the PSD, new methods of making payments, social media right through to the nitty-gritty of anti-money laundering.  In a well-balanced agenda there will be a day of plenary sessions as well as a day of workshops.In addition, the coveted IAMTN awards will be presented to the deserving winners.

If you have not yet signed up for GMTS-2012 please do so right away by contacting our Conference Organiser: Kellie Waidson on  Conference@iamtn.org  or http://gmts2012.iamtn.org/register Reserve your Sponsorship package now in order to increase your company’s exposure to our outstanding network of International Contacts. You will enhance your brand image whilst communicating your core values to new markets. As a result, you will improve your company’s image and reputation throughout the industry and increase awareness of your services within our network. This will provide you with instant brand recognition throughout the industry, allowing you to expand and strengthen your contact and client base. Contact: Conferences@iamtn.org

About IAMTNThe International Association of Money Transfer Networks (IAMTN) is the only organization that represents the Money Transfer industry across the globe and works with regional money transfer trade bodies. IAMTN was created on November 2005 to respond to repeated calls for a body that could represent the industry at an international level.For over 6 years IAMTN has been:

• Providing thought leadership activities and fostering an environment for debate and development globally
• Representing the views of members and the broader industry interacting with regulators and key international bodies such as:

•  Organising a global summit and regional meetings each year
• Providing a weekly news service on anything and everything to do remittances
• Operating an online library of research articles, news items and market data.
• Offering advisory and introductory services.

Contact Information

Kellie Waidson

Conference Manager

IAMTN

Contact via E-mail