The Currency Scene
Is It Time to Redesign Card Technology for ATMs
- Written by: ATM Marketplace
- Category: ATM
The oldest challenges in the ATM industry are the security of cash inside the machine and the guarantee that the withdrawer is genuine.
Whereas the magnetic stripe has been used for a long time, EMV chip and PIN is now commonplace in the ATM industry for withdrawals in the U.K. and Europe. But the fact that EMV is not truly global as yet means that fraud can continue to take place.
Tokenized securities on blockchain are here. And they’ve been around for a while
- Written by: Aikon
- Category: Digital Currency
Remember tokenized securities or securitization with tokens on blockchain?
With the entire year in crypto defined by a maelstrom of projects embarking on decentralized finance (DeFi) aspects to their products, it can be easy to forget that previous advancements in blockchain-based technologies have continued to make great headway in terms of adoption and application.
Wells Fargo CEO John Stumpf predicts demise of user names and passwords
- Written by: Biz Journals
- Category: Banking
It's been a long time since a big bank CEO discussing the state of his industry sparked spontaneous applause. But that's what happened when Wells Fargo Chairman and CEO John Stumpf talked technology to those attending the Bay Area Council's 2016 Economic Outlook Conference in San Francisco May 17.
Do All Banks Need A Mobile App?
- Written by: American Banker
- Category: Mobile Banking
The new federal guidelines on mobile security held a few surprises, especially for small banks. Perhaps the biggest curveball was the suggestion that mobile may not be a good fit for everyone.
Thirteen of the Best Payment Solutions for International Business Use
- Written by: Let's Talk Payments
- Category: Cards & Payments
Since technology has shed the barriers for individuals and businesses to make international transfers, businesses around the world have been unleashed to reach new markets. The same goes for talent – tech-powered accounting solutions and project management tools allow businesses to maintain effective global teams, spread around the world. Moreover, supply chains, international vendors and freelance contractors have never been easier to manage with some of the most talented entrepreneurs developing mass payouts solutions for business use. Let’s look at some interesting examples of mass payments solutions providers:
Is The Mobile Banking Revolution Favoring In-Store Branches?
- Written by: American Banker
- Category: Mobile Banking
After giving a recent speech to a large banker group, I was approached by two area branch managers. They wanted to share that, while they currently run physically distinct brick-and-mortar branches, those roles do not fully reflect their experience.
They explained that, like me, they were alumni of in-store bank branches, and they appreciated my comments during the speech about having "in-store banking DNA" in my system.
Five Reasons Why Your Customers Aren't Downloading Your Mobile App
- Written by: Flexcutech
- Category: Mobile Banking
Location and ATM availability is still perceived as the primary driver for potential members selecting or switching financial institutions. However, mobile and online banking offerings are increasingly more important, especially among millennials.
