When starting a new LLC (Limited Liability Company), you know that you need to register to do business in your state and you know that you need funding. You know you need a business plan and a place from which to work. These are all common sense. Also, you should know that there are some […]
Most of us haven’t quite realized there is something extraordinary happening. This is an article that came across my timeline on Medium. After reading through it – there was so much that I could relate to. Not only that, it made me want to do more. The crazy ideas I have in my head. Hope […]
Silicon Valley Bank Survey Silicon Valley Bank Survey is out. The Innovation Economy Outlook 2015 is a brief survey that discusses the US Public Policy: Innovation leaders ask government to support, not hinder, progress. [Read summary here].
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.
Quora: The Next Frontier. Almost any one who knows me, will tell you of my love for Quora. I really love Quora! For those of you who don’t know of Quora, it is a Question and Answer website. You’re probably thinking Yahoo! Anwers!, but then you and I have different tastes. Quora is far apart […]
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.
The US Financial Crimes Enforcement Network (FINCEN) released its opinion on: Request for Administrative Ruling on the Application of FinCEN’s Regulations to a Virtual Currency Payment System yesterday (27th October 2014). The ruling which is an update to an earlier ruling of October 2013, in which only Bitcoin Exchanges were subject to the Money […]
For those who don’t know, I.I. Chundrigar Road is the road on which the Central Bank of Pakistan, i.e. State Bank of Pakistan is located. Last week they released their Rules for Payment System Operators & Payment Service Providers, which essentially killed the Payments & Fintech startup industry of Pakistan. Murder on Chundrigar Road is […]
Join the cause. Hi, My name is Faisal Khan and I’m a Payment Consultant. For years I have been troubled by the quest to build a payments wiki. Every now and then, I would revisit the idea, but each time I would tell myself “now is not the right time”. Well, that changed a few […]
Aamer Abedi, RemitONE‘s Marketing Director, interviews Payments Consultant Faisal Khan on Bitcoin, regulation and the what the future holds for the remittance market.