Electronic Services and Mobile Money initiatives have the potential to drive prices that remittors pay way down, but that potential has not been realized yet. On Septebmer 27th the Washington Post ran an article which began: “The Obama administration wants to require U.S. banks to report all electronic money transfers into and out of the [...]

hyperWALLET is at once two things: a technology company, and an electronic remittance service provider. ‘Eating one’s own dog food’ is a term familiar to all technology CEOs;  we all throw it out casually in conversation when in the company of non-technology types, mostly to sound cool, but sometimes with a genuine right of usage. [...]

hyperWALLET just wound up a few days in dynamic Mexico City at the MMT Latin America conference. The conference was notably more low key than previous events in Dubai, but my impression is that the potential to tap into the enormous USA-Mexico remittance flows through the mobile channel is bringing more than just ‘the usual [...]

Since returning from Dubai last week, I haven’t even had time to follow up with many of the great people I met up with there. But today I decided to publish my presentation which had a session working title of  “International Remittances: from Paper To Mobile”, complete with voice-over, and hopefully the same anecdotal content as [...]

hyperWALLET is off to MMT09 next week in Dubai where we will be sharing some of our real-world experiences operating  cross-border online and mobile remittance services. While we are there, I’m looking forward to meeting the operators of next-generation services like M-Pesa and Zap in Kenya,  Wing in Cambodia, and PayMate in India.   These initiatives [...]