Globe Telecom President and CEO Ernest Cu will join distinguished mobile money transfer business leaders from the Asia Pacific region at the annual MMT APAC conference and expo, to be held at the Hyatt Hotel in Manila from January 17 to 20, 2011. Cu is set to deliver a keynote address on “Globe GCASH executing on telco-financial service convergence” on Tuesday, January 18, 2010. Mr. Cu’s speech will talk about prospects for mobile money as cumulative market opportunities show more applications to achieve scale in both developed and fragmented financial markets.
Globe runs its mobile commerce business under wholly-owned subsidiary G-Xchange, Inc (GXI), and through its flagship mobile commerce brand GCASH. GCASH was recently awarded Best in International Mobile Transfer in the world’s first Mobile Money Transfer (MMT) Awards. GCASH REMIT, the domestic cash pick-up service of Globe, is also being utilized by Land Bank of the Philippines and the Department of Social Welfare and Development (DSWD) for the pilot implementation of the government’s Conditional Cash Transfer Program (CCT) in far-flung areas.
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