Mohit Davar, CEO of the US Coinstar Inc a leading payments company will be speaking at the 3rd Global Consumer Money Transfer Conference on 29th and 30th October, at the Dorchester Hotel, London which will be chaired by Lord Lamont of Lerwick.

Coinstar E-Payment Services have just agreed to buy GroupEx Financial Corporation (GFC), a leading independent provider of electronic money transfer services between the US and Latin America. It is currently operating a network with apprixinmately 1,650 send agents in 23 states services 13 countries. On completion of the deal, Coinstar Money Transfer (CMT) service will be offered at more than 31,000 agent locations in 143 countries.

Says Lady Olga Maitland, CEO, IAMTN, International Association of Money Transfer Networks who are organising the conference, "Coinstar have undoubtedly made their mark and will continue to do so with the extended services in Latin America".