Kalypton COO Alun Thomas presents at Fin­an­cial Sum­mit in Guatem­ala City 10/7/2014

On July 10^th, Colum­bus Busi­ness Solu­tions held the latest in a series of Fin­an­cial Sum­mits for their many bank­ing cli­ents at the Bar­celo Hotel in Guatem­ala City.

Alun Thomas was grate­ful for the oppor­tun­ity to talk on the sub­ject of the nature of money and innov­a­tion in pay­ments along­side Stu­art Franco rep­res­ent­ing our regional part­ner Trin­idad Sys­tems Ltd (http://www.thetslgroup.com )

The present­a­tion was part of an extens­ive pro­gram of dis­cus­sions and product demonstrations.

Colum­bus Busi­ness Solu­tions is a lead­ing infra­struc­ture ser­vices pro­vider across the region with many lead­ing banks among its cli­ent base (http://www.columbusbusiness.co/en/guatemala/details)

Guatem­ala and the wider Cent­ral Amer­ican region are in great need of pay­ment innov­a­tion. Large por­tions of the pop­u­la­tion are unbanked or under­b­anked. Mobile money solu­tions have made lim­ited inroads into the mar­ket. There is a huge reli­ance on cost effect­ive remit­tances into the region from the US and else­where. For the banked, mer­chant ser­vice charges are often high.