Easier Transmitter Partnerships Should be Encouraged, Not Hindered

State money transmitter licensing laws are among the most important rules that address the dangers posed by payments, especially in the non-bank payments area.

Source: www.paymentssource.com

Very well written article on the tug-of-war between Regulators and MTL Holders/Authorized Delegates. Thank you to @David Landsman for sharing this.

Why Micropayments are not happening? Blame your banker?

Micropayments

 

 

In my previous article on Small Value Remittances, I highlighted the huge market potential of being able to make small value transfers, be it domestic or cross-border.

No one truly knows the market size for small-value payments, for there isn’t a true data set to which we can compare. Continue reading →

What does my Quora profile say?

Faisal Khan: Banking & Payments Consultant

As most of you know, I’m a Quora addict. I love it. With over 3,600+ answers on Quora, I have always wondered what my contributions on Quora stack up in each vertical. Enter Giordan Stark who put up a really cool app to generate a pie chart based on your answers. Continue reading →

The hidden force in global economics: sending money home

In 2013, international migrants sent $413 billion home to families and friends — three times more than the total of global foreign aid (about $135 billion). This money, known as remittances, makes a significant difference in the lives of those receiving it and plays a major role in the economies of many countries. Economist Dilip Ratha describes the promise of these “dollars wrapped with love” and analyzes how they are stifled by practical and regulatory obstacles.

Source: www.ted.com

Beautiful and worth watching TED Talk by Dilip Ratha at TED Global. #remittances #moneytransfer