Are you familiar with the buzz around workers’ remittances? Prominent institutions such as the World Bank, the Inter-American Dialogue and even Swift have devoted significant resources to studying workers’ remittances. Why all the commotion?  The attention?  The effort? First, remittances are important.  Countless people around the world rely on remittances for clothing, food and shelter.  [...]

Also a final whine about TD declining my card. Canada rolled out chip+pin for our national debit scheme in 2010 and we’ve all just about gotten the hang of it at the POS now, even cranially-challenged consumers like me. chiping+Pining debit purchases wasn’t a huge leap since Canadians have been swiping+PINing our debit cards for [...]

I like QR codes. They are so contra! I like QR codes and I have since the first time I saw one and wasted 2.3 hours figuring out how to scan it with my iphone 1. Since then @ hyperWALLET we’ve used QR codes as a training ground for rookie software developers and business analysts [...]

A free idea for some new Y-combinator payments startup The market needs a simple application service on top of recurring ACH debits (which are called PADs here in Canada). It would be a money maker for the banks, a boon for billers, and put control and transparency back in the hands of consumers. If you [...]

The world is still a big place and thankfully we’re not all the same (yet). I was recently in Singapore where there are some unique cross-border trade challenges for payment service providers, but this entry is an update from the last stop on my trip: Australia.  Just last week it was publicly reported that there [...]

Recently, hyperWALLET exhibited at Central 1’s “2009 Fall Conference and Tradeshow” event held at the Hyatt Regency Hotel in Vancouver, November 4-6, 2009. This annual Fall Conference and Tradeshow event provides opportunity for business and social networking within the Canadian credit union sector, and offers valuable workshops for key industry participants. At the event hyperWALLET [...]

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 [...]