Allow me to give a simpler example, of how the US pays other countries and vice versa. Let’s say you are three friends, and each… Read More »How do countries like the US give money to other countries?
The history of modern banking is quite rich and dates way back in time. Several entities and civilizations have been credited for their contributions towards… Read More »Why the Knights Templar were Really Good at Banking
When things start to get tough financially, the stress that can follow can be difficult to cope with. From monetary stress to a low mood… Read More »How To Cope Financially When Your Income Is Low
The central bank of Pakistan, i.e. State Bank of Pakistan, ended months of neutral stance by formally issuing a notice on Bitcoin &/or Virtual Currencies.… Read More »Central Bank of Pakistan puts prohibition on Bitcoin & Virtual Currencies.
I’m fascinated by history (hated the subject when I was in school). It is no surprise, that as I learn more about banking and money,… Read More »How China Gifted Us Paper Money (also known as Flying Money)
Want to attend the Web Summit in Lisbon, Portugal this year? Well, I am willing to sponsor 100% of the trip for a deserving boy… Read More »Attend the Web Summit 2018 in Lisbon.
The IBAN is slowly becoming the de facto standard of identifying a beneficiary account. Barring the US, many countries are now jumping on-board the IBAN… Read More »Own your own IBAN?
For the past couple of years, I have been talking around the world about the Fragments State of Our Payment Systems. With over 1,900 payment… Read More »Trading With Digital IOUs.