hyperWALLET news! We’ve submitted a provisional patent which reads in part: The innovation can help financial services companies and multi-nationals send money globally in a low-cost, low hassle manner, and in accordance with anti-money laundering and anti-terrorist financing best practices.    The software behind the patent permits a person to receive funds electronically without having to [...]

Over the past decade, United Nations resolutions and domestic equivalents designed to combat crime and terrorism have imposed an increasing operational burden on the financial services industry.  Sanctioned Individual and Sanction Entity list screening have become a standard operational protocol at financial institutions and money services companies. Financial Institutions rely on proprietary datasets drawn from [...]

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. [...]

While recently researching the payments landscape of a new international market that hyperWALLET is considering entering, it occurred to me that there really is a wealth of information available online nowadays on topics of interest to payments professionals.  I’d like to share a list of my favorite sources and publications  in the hope that  you [...]