2015 World Bank figures show that the US sent over US$ 130+ Billion as outflows making it the largest remittance sending country in the world. Entrepreneurs are always thinking about how they can access the US Money Transfer market.
The harsh reality is that the entire US licensing regime for mone...(more)
In the recent months, I’ve been involved a lot working with money transfer companies that hinge on using bitcoin as the means for value transfer.
The reality that is hitting them all, is that there isn’t any money in it.
The original argument given in favor of the bitcoin remittance companies was t...(more)
Almost a decade back when I was opening a bank account, I filled up a KYC form, and I had thought to myself, gosh! What an ancient way to record customer information. Information about customers change, if not in six months, then maybe in a year, but something will have changed and then what? Wou...(more)