Ann: Upcoming webcast - Insight into HomeSend, page-5

The webcast can be viewed here: http://www.eservglobal.com/investors/webcast

There is not a lot of new news, but i think it is really positive that MC are committing some serious management bandwidth to this thing.  Now we just need to wait for the deal announcement with Western Union (hopefully this year) and then some regular commentary around transaction volumes (probably wont get this until next year).

Also note that Homesend got several mentions at the recent Mastercard investor presentation (see link below for copy of that presentation). Again reinforces that they are committing to this investment
http://investorrelations.mastercard...c=148835&p=irol-EventDetails2&EventId=5169131


Here is a brief summary of the webcast:

- featured Michael Fiore (Group Head, Personal Payments & Emerging Payments, MasterCard) and Stephen Doyle, CEO, HomeSend.

- MC highlighted ambitious plans for HomeSend, believes it is a unique technology asset and massive market applications.

- we can expect the announcement of some sort of collaborative agreement between Western Union, MasterCard and HomeSend (this adds nicely to the one they already have with MoneyGram among others). Western Union is the largest remittance company in the world and is currently MasterCard’s preferred remittance partner. Note MoneyGram is the number 2 player in the world

- Currently 85% of global remittances are transacted in Cash or cheque, however this is rapidly digitising and HomeSend is potentially the beneficiary of this.