Remittance and money transfer business challenges banks to provide new technologies and new solutions

Payment China 2010 Summit in Beijing, is the industry's major conference. VoiceCash services enabling mobile money transfer can be a potential breakdown for the Chinese Payment Industry's development.

VoiceCash today announced that Dr. Tariq Habib will become the new CEO of VoiceCash Middle East and Asian operations.

VoiceCash Mobile Bank, a turnkey supplier for international mobile money transfer services, today announced the appointment of Pascal Beij to the position of vice president of sales and marketing.

Juniper Research estimates that there will be a total of 612 million mobile banking users globally generating more than $587bn (£299bn) worth of financial transactions by 2011. A Munich company gets ready to become one of the key players.