The Currency Scene
Smartphone Payments Are India's Best Spark for Modern Banking
- Written by: Payments Source
- Category: Cards & Payments
In many emerging markets, daily financial transactions—buying groceries, paying a utility bill, cashing a paycheck or billing a customer—are notoriously difficult. Banking institutions are few and far between, and large swaths of the population have little or no access to them.
Four ways to dodge cybercrime when banking, shopping on mobile phones
- Written by: USA Today
- Category: Mobile Banking
The nature of identity fraud is changing. With the rollout of smart chips in credit and debit cards making it more difficult to steal using cards themselves, thieves have their eyes on your data instead.
How Not to Lose Your Bitcoin
- Written by: Coindesk
- Category: Digital Currency
After the price surges of bitocin back in 2017 bitcoin is on everyone's mind! Are you surprised by how much your bitcoin may be worth even today? Don't let that surprise turn to dismay by losing it. Now is the perfect time to take a few basic precautions to keep your cryptocurrency secure.
Here are 8 do-it-yourself tips to help you improve your security:
Over $9 Million Is Stolen Each Year From Banks and Armored Cars!
- Written by: Matthew S Daye
- Category: Cash-In-Transit
In November 2013, the Prosperity Bank in El Campo, Texas was robbed. According to the local El Campo Leader-News, three suspects, had been placed on trial – and they have pleaded guilty. Score one for law enforcement. In other news, an armored car, carrying $4 million, was hijacked by robbers. The robbers apprently took the vehicle to a metalworking plant and cut it open to get to the money. This time they got away. Sound more familiar?
What Does a Little Blue Box Have to do With ATM Channel Management?
- Written by: Matthew S Daye
- Category: ATM
Do you remember the 1960's infamous little blue box? That plaything of the technically inclined from long ago was a pre-cursor to some of the security challenges faced by the ATM industry today.
Security Risks of NFC
- Written by: Matthew S Daye
- Category: Mobile Banking
Near Field Communication (NFC) a wireless technology for transmitting information, promises to make our lives easier. Reminds us of the nine words you should always fear whenever you hear them: "We're from the government, and we're here to help."
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.
