News, Posts & Articles

May 9, 2023: Clear Purchase Announcement

Clear Purchase Partnering with RSTVX InvestTech Network

We are pleased to announce we are partnering with RSTVX InvestTech Network, which is looking to build Local Investment Hubs Worldwide. Their first is ArawakX in The Bahamas, which is already operational. Clear Purchase would connect each of their Investment Hubs to local Mobile Money/Wallets, as well as to the international payment rails. More information and video

July 26, 2022: Press Release

ArawakX to Evaluate Clear Purchase Technology to Promote Financial Inclusion in the Caribbean

SAN JOSE, CALIFORNIA, July 26, 2022 – ArawakX, a securities exchange located in The Bahamas, announced its plans to evaluate new payment switch technology from Clear Purchase, a financial software technology firm in Silicon Valley.

May 5, 2022: Clear Purchase Announcement

Letter of Intent: CloudPro as a Clear Purchase Certified Integrator

We are pleased to announce CloudPro, an IT cloud solution provider and system integrator for the finance and banking industries, announced its plans to become a Clear Purchase Certified Integrator.

Mar 28, 2022: Clear Purchase Announcement

Letter of Intent: ArawakX in The Bahamas

We are pleased to announce ArawakX, a Securities Exchange located in The Bahamas, has signed a Letter of Intent (LOI) to assess the potential of utilizing the secure interoperability technology of Clear Purchase. More information to follow.

Jan 10, 2022: Clear Purchase Announcement

PDF of Payment Infrastructure Glossary™ now available

PDF of the Payment Infrastructure Glossary™ is now available. Request a copy for you and your organization from Nick Brown.

Oct 5, 2021: Clear Purchase Announcement by Nick Brown

Payment Mega Trends: CBDCs

We have been working on a new Payment Mega Trends category in the Payment Infrastructure Glossary™
Included is a new section on Central Bank Digital Currencies (CBDCs).

Aug 25, 2021: Clear Purchase Announcement by Nick Brown

Launch of Payment Infrastructure Glossary™

We have just launched: Payment Infrastructure Glossary™, a Guide to the Payment Industry™
Located on this website.

June 30, 2021: LinkedIn article by Nick Brown

Evil Tech? Apple going in the right direction, Google in the wrong

Apple has recently taken an excellent principled stance regarding Privacy.
Google Pay has just just done a complete U-turn on Payment Processing.

May 3, 2021: LinkedIn post by Nick Brown

Digital World Trip FinTech Program - panel on May 13th

Nick Brown will be on the panel: "The Future of Finance: Predictions for a Post-COVID 19 World"

Apr 22, 2021: LinkedIn article by Nick Brown

Big Tech is out of control!

Imagine how much power they will have when they control all payment processing, globally.
This is not a science fiction fantasy of some distant dystopian future -- this is a realistic possibility that could happen within the next 10 years.

Sept 2020: LinkedIn post by Nick Brown

Introduction to the Payment “Rails”

Brief introduction, and diagram.

Sept 2020: LinkedIn article by Nick Brown

Developed and Developing Countries under Imminent Threat from Global Mobile Wallets

Article published by Nick Brown.

Aug 6, 2019: Mondato Article quoting Nick Brown

Mojaloop: Taking Stock

Mondato just published an article about the current status of Mojaloop. An interesting line of theirs: "the open source nature of Mojaloop sends shivers down the spine." It seems others are starting to recognize the risks.

July 17, 2019: Next Billion Article by Nick Brown

Why Payment Fraud is a Critical Threat to Financial Inclusion – And How Mojaloop is Making it Worse

Next Billion just published an article written by Nick Brown, discussing the risk of payment fraud in open-source platforms like Mojaloop.

Sept 18, 2018: LinkedIn article by Nick Brown

Part 4: The Weakest Link in the Transaction Chain

Part 4 of a series of articles written by Nick Brown: Developing Country Guide to Payment Fraud
Full series PDF: Developing Country Guide to Payment Fraud

Aug 23, 2018: LinkedIn article by Nick Brown

Part 3: The Vulnerabilities of “Pull” Payment Methods

Part 3 of a series of articles written by Nick Brown: Developing Country Guide to Payment Fraud
Full series PDF: Developing Country Guide to Payment Fraud

Aug 9, 2018: LinkedIn article by Nick Brown

Part 2: The Real Costs of Payment Fraud

Part 2 of a series of articles written by Nick Brown: Developing Country Guide to Payment Fraud
Full series PDF: Developing Country Guide to Payment Fraud

Aug 2, 2018: LinkedIn article by Nick Brown

Part 1: Introduction to Payment Systems and Payment Fraud

Part 1 of a series of articles written by Nick Brown: Developing Country Guide to Payment Fraud
Full series PDF: Developing Country Guide to Payment Fraud

June 28, 2018: Clear Purchase Press Release

Clear Purchase explains Mojaloop decision

Clear Purchase, founded by payment infrastructure expert Nick Brown, answers several questions regarding their decision of June 7th to build their secure payment system for a cashless economy in developing countries without incorporating Mojaloop, developed by the Bill & Melinda Gates Foundation. The main deciding factor revolved around Mojaloop being open source, with data security concerns that could lead to widespread payment fraud.

June 7, 2018: Clear Purchase Press Release

Clear Purchase rejects Mojaloop citing security concerns

Clear Purchase, founded by payment infrastructure expert Nick Brown, announced they have decided to build their secure payment system for a cashless economy in developing countries without incorporating Mojaloop, developed by the Bill & Melinda Gates Foundation, citing security concerns.