The Currency Scene
Where do bankers' children bank?
- Written by: Banking Exchange
- Category: Banking
Much has been written about millennials and the way they bank, but what of those with a banker in the family? Does having an insider’s view change the way this select set of millennials bank? What we found after talking to several bankers with adult millennial children (and some with slightly older Gen X kids) is that the answer, in short, is “No.”
INFOGRAPHIC: 77 Facts About Cybercrime You Must Know
- Written by: Best VPNs
- Category: Cards & Payments
As a society, we cherish our right to privacy, maybe more than anything else. Sharing is great, and we all enjoy it, but there is another side to the story -- an unspoken side of all things personal and secret. Our friends at BestVPNs UK and the team at WebmastersJury have created a "must see" infographic that reveals facts about cybercirme - the stealing of our personal secrets - that every one of us should know.
Singapore's journey to cashless and cardless transactions
- Written by: Channel News Asia
- Category: Cards & Payments
As we move towards transacting without cash and cards, what are the implications for tech-enabled disruptors, as well as incumbents with a vested interest - like banks and card issuers?
Banknotes are symbols, a cashless society would kill them all
- Written by: Ryan Martin
- Category: Currency
Banknotes have taught us the value of money, they are a way to pass on a country’s history, to remind us of our past... and yet their future is very uncertain. Several countries have promised that they will soon be cashless. Banknotes will progressively disappear but the public might be unaware of the aftermath of such a change. Thanks to investigative journalist Ryan Martin for this insightful look at what might be in store in a cashless society.
First EMV Fraud on the Public: EMV Cards Are Secure!
- Written by: Matthew S Daye
- Category: Cards & Payments
The card industry has been battling the instance of payment card fraud ever since the first credit and debit cards were issued years ago. From the 1960's to around 2003 the magnetic stripe on the back of the card was the means by which card information was exchanged with the networks to effect a transaction. Over the years, criminals learned that the magnetic stripe was easily compromised and so the industry sought a more secure solution. Enter EMV (Europay, MasterCard and Visa, also known as chip and pin) technology. Is EMV the secure solution it is claimed to be? Don't bet your bank balance on it!
Why Taiwan Might Become a Blockchain Island
- Written by: Matthew S Daye
- Category: Digital Currency
Bitcoin is the pioneering cryptocurrency that has lasted for more than ten years despite the many market challenges. Taiwan is among the first countries to take blockchain use seriously. Jason Hsu, a vocal congressman of this island plans on integrating bitcoin use on a national scale, which he says will make Taiwan the place to be for people working on the blockchain technology.
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.
