The Currency Scene
Wall Street's Obsession With Blockchain And the Future Of Banking
- Written by: Fortune
- Category: Banking
Anyone who sends money abroad knows how inconvenient it is. Banks take days, sometimes weeks, to clear payments, and they collect a hefty fee in between. And God forbid, when errors occur, money vanishes into thin air.
Digital Currency Doesn't Mean We're Dropping Cash
- Written by: Matthew S Daye
- Category: Digital Currency
There's interesting news out of Ecuador. The government is planning to release a new digital currency, possibly as soon as late this year. Unlike Bitcoin and other existing digital currencies, this new version will be the first digital currency released by a national central bank as an official state currency.
Does this step indicate a "giant leap forward" for an all-digital monetary system, moving us even closer to a completely cashless society? While a total lack of cash may be somewhere in the future, we're not there yet. Not even close.
The ATM will still belong at the forefront of the digital revolution
- Written by: ATM Marketplace
- Category: ATM
Sparked by a societal digital revolution, a massive banking industry transformation — technological, operational and cultural — is underway as financial institutions scurry to meet shifting customer needs.
Bitcoin Mining - Do You Have the Energy to Profit?
- Written by: Matthew S Daye
- Category: Digital Currency
From its creation in 2008 by a mysterious individual who calls himself Satoshi Nakamoto, the bitcoin Digital Currency has spawned financial innovation and a new specialty in global IT production. Despite there being a mere $3.8 billion bitcoin in circulation, price collapse and security breaches, bitcoin serves well as a currency because there is limited supply, it’s tough to earn and easy to authenticate.
New Money/Old Money: A look back at the newest U.S. hundred dollar note
- Written by: Matthew S Daye
- Category: Currency
"New money" became a literal term as the U.S. Federal Reserve Bank released the latest revision of its venerable $100 note into the U.S. currency supply chain on October 8, 2013. Staying a few steps ahead of counterfeiting threats, this new bill was designed with improved security features, making it easier for banks and businesses to validate but more difficult for counterfeiters to fake and bamboozle. Not to worry, if you have any older hundreds, they are still good!
How Blockchain Technology is Changing the World
- Written by: John Hawthorne
- Category: Digital Currency
Since the earliest days of the internet, community and security have been key topics associated with both the growth of the digital age and the difficulty of finding a secure place within it.
A noble, albeit elusive goal, the tech giants of today still struggle with the open concept of the internet, while at the same time trying to guarantee with certain securities. Passwords, queries, and the infamous “I am not a robot” prompts are time tested solutions that keep us safe amongst an ever growing online population.
But do they really?
The ATM market is changing. What might the future look like?
- Written by: Finextra
- Category: ATM
Within the financial technology sector, the ATM is sometimes seen as an area of self-service that is seeing less use due to mobile or online adoption as consumers move towards e-money and contactless payments. What may surprise is that the global ATM market actually continues to grow at a significant pace. The theme of modernization, driven by replacements and new installations are anticipated to create change in this area of financial services in the coming years.
