Pre-Tipping Era The Internet has changed us in ways we cannot fathom. Most people take all the information we find on the internet for granted. Ask me, I see examples of this all around us. When I tell friends/family to…
For those of you who remember Tom Selleck (of Magnum, P.I.) will remember the beautiful ads of the future that were done by AT&T in Tom Selleck’s voice. The ads essentially touched upon technologies of the future and how AT&T will bring such…
Introduction This article discusses the ability to make small-value remittances, across border in a seamless manner, without incurring any high-costs that are typically associated with cross-border money transfers. These micro or small-value transactions can literally uplift economies. There are (in my opinion)…
If you had asked professionals in the Fintech space about 7–8 years ago, what the word remittances meant, you’d be hard-pressed to find people who could accurately define it for you. Just for the record: I was one of them. Today, in…
State Bank of Pakistan recently released the much anticipated Rules for Payment System Operators & Payment Service Providers. The expectations were high. The results. Disappointing. tl;dr: SBP has essentially killed the startup payments industry with favoritism. The date: 23rd of October,…
Unless you’ve been living under a rock, Bitcoin is everywhere. There isn’t a media outlet that has not covered Bitcoin. For many the jury is still out on Bitcoins. Early adopters are pursuing and pushing adoption of it. Speculators can’t get enough…
How the mobile phone is transitioning from a delivery channel to a payment instrument. A little over 60 years ago, Frank McNamara forgot his wallet at dinner at Major’s Cabin Grill restaurant in New York. Luckily, Mr. McNamara’s credit and…