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 [...]
Interchange Reversal of Fortunes
The cost of FUD on international remittances
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 [...]
MMT Initiatives in Latin America
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 [...]
Great Online Sources for Free Information on International Payments, Payment Systems and Cross-Border Remittances
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 [...]
Enabling the global money transfer market opportunity for Canadian Credit Unions
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 [...]
Reflections on Canada’s Money Laundering Conference 2009
Held October 17-19 in Victoria B.C., Canada, the 7th annual Money Laundering in Canada Conference boasted a well-rounded list of attendees that included a number of Money Services Businesses (MSBs), Financial Institutions, Credit Unions and Foreign Exchange Brokers, and regulatory authorities such as FINTRAC (Canada), FinCEN (USA), OSFI (Canada) and the RCMP. As the Compliance [...]
Payments Partners and Payments Competitors
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 [...]
Welcome to the PaymentsTalk.com blog
This blog is intended to be a place of information exchange about payments. We believe that inclusive and frictionless commerce can improve the lives of billions of people around the world, and that payment service innovations are a basic building block of inclusive and frictionless commerce. This site is sponsored by hyperWALLET Systems Inc, and [...]
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