The Currency Scene
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?
Bitcoin: Why It Now Belongs in Every Portfolio
- Written by: Nasdaq
- Category: Digital Currency
A technology is called “disruptive” if it creates a new market that first disturbs and then displaces an earlier technology. Bitcoin is potentially such a technology and much more.
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.
Why Africa's mobile money revolution can reduce poverty
- Written by: Nation
- Category: Mobile Banking
When farmer Isaac Tondo fell on lean times in Liberia's long rainy season, his brother in the capital sent 8,000 Liberian dollars (US$87) to his Lonestar mobile money account, ensuring his children's school fees would still be paid.
New Polymer Notes in the Global Currency Supply Chain
- Written by: Matthew S Daye
- Category: Currency
In March of 2015, Scotland became the latest country to add plastic money to the Currency Supply Chain, to be followed by England’s introduction of the 5 pound note next year. So far more than 24 countries including Canada, Fiji and Mexico have followed the lead of Australia which first put plastic-based currency into circulation in 1988.
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.
