Around The Coin Podcast (Episode 13)

Mike Townsend Host of Around The Coin Podcast

This week on Around the Coin, Mike Townsend discusses his journey beginning as an engineer in Singapore then moving to Los Angeles to design military UAV’s. He tells us how he transitioned into payments, starting a point of sale company, “Zing Checkout” and mobile payments company “Flowtab”.



Our speakers in this week’s episode:


Resources:


Find more episodes here: Around the Coin

Initiative helps bring down costs of remittances

See on Scoop.itMoney & Payments

Pakistan Remittance Initiative is helping exert downward pressure on costs of making remittances to South Asia, says WB.

Faisal Khan‘s insight:

There is much debate if the growth is pure remittances or taking advantage of whitening the money (in Pakistan is inward remittances, when converted to Pakistan Rupees) become tax-free. Many pundits claims, people are sending their undeclared money outside Pakistan and bringing it back in the form of remittances to whiten it, i.e. make it legal and obtain tax-free status on it. 

See on www.dawn.com

World Bank Predicts 7.8% Growth in Remittances to Developing Economies in 2014, Articles | THISDAY LIVE

See on Scoop.itMoney & Payments

Default Description

Faisal Khan‘s insight:

Remittances have been growing year on year, without fail. With the rails for transportation of money becoming more easier to access and with the new protocols like Ripple, it would be very interesting to see how the new players jump on board and take advantage of frictionless cross-border payments…and lets not forget Bitcoin.

See on www.thisdaylive.com

Is Facebook getting into the remittance game?

See on Scoop.itMoney & Payments

Facebook could be the latest player trying to enter the remittance market.

Faisal Khan‘s insight:

If I had to fathom a guess, my bet would be on Azimo partnering up with Facebook for remittances. Michael Kent’s one brilliant person in the remittance space and he’s been using the FB fabric for remittances. He just might bag this one. 

See on blogs.marketwatch.com