The Currency Scene
Don't Get Caught with Your Pants Down
- Written by: Matthew S Daye
- Category: Cash-In-Transit
In Oregon not too long ago we again hear the typical story about the risks of secure transport. It was reportedd that two cases of money were stolen from an armored car in Northeast Portland. The money was on its way to an ATM machine.
What distinguishes a cash-in-transit robber from other crooks
- Written by: Business Day Live
- Category: Cash-In-Transit
Dr Hennie Lochner‚ who interviewed 21 people doing time for cash-in-transit robberies, as part of his doctoral studies had some interesting findings. The study which took place in South Africa can provide some important insights for armored carrier and secure transport operators around the world.
Why Don’t ATM Operators in Japan Want to Give You Money?
- Written by: Matthew S Daye
- Category: ATM
After several years of government pressure Japan’s three biggest banks are beginning to connect their ATM machines to the global network of ATM Operators. The banks resistance to globally connected ATMs has frustrated tourists short of yen. However, with the expected tourism boom from the 2020 Tokyo Olympics, the banks are examining their ATM operations.
Currently, foreign visitors to Japan find that their overseas cards are useable only at few banks such as the Seven Bank and Japan Post Bank.
Are ATM Fees Too High? That depends on what the meaning of zero is!
- Written by: Matthew S Daye
- Category: ATM
Despite the continued push in many countries for more government oversight and new legislation aimed at reducing ATM fees, just what costs do we really face when we need to get some quick cash? With very little effort those costs can be... uh... zero!
4 Reasons Why People Would Favor Bitcoin Over Cash
- Written by: The Merkle
- Category: Digital Currency
Some people don’t see the point in using bitcoin, especially not when cash is readily available. While it is true cash transactions allow consumers to remain somewhat anonymous, it isn’t a perfect financial tool by any means There are quite a few reasons why people would use bitcoin rather than cash, although some of these “practices” may be considered controversial.
The Big Debate Over Opening Bank Accounts Online
- Written by: Deposit Accounts
- Category: Banking
Online banking continues to grow, but that’s not to say there aren’t obstacles keeping it from exploding. The banking industry is ramping up the noise about changing rules that make it difficult to open accounts remotely, and Congress has the topic on its agenda.
Forgery Is Still a Problem - New Bank-Note Technology Can Combat
- Written by: Matthew S Daye
- Category: Currency
With all the dollar counterfeiting going on, it's no wonder that the Secret Service is starting to up their methods of forgery prevention. Introduction of new notes, with re-designed security features, has been their primary defense. As new technologies are developed, these methods are becoming increasingly more sophisticated.
