The Currency Scene
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.
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?
Why Don’t ATM Operators in Japan Want to Give You Money?
- Written by: Matthew S Daye
- Category: ATM
After several years of government pressure Japan’s three biggest banks are beginning to connect their ATM machines to the global network of ATM Operators. The banks resistance to globally connected ATMs has frustrated tourists short of yen. However, with the expected tourism boom from the 2020 Tokyo Olympics, the banks are examining their ATM operations.
Currently, foreign visitors to Japan find that their overseas cards are useable only at few banks such as the Seven Bank and Japan Post Bank.
How Merchants Can Boost Business with a Cash Discount Program
- Written by: Samir Kadi
- Category: Cards & Payments
Today there are a multitude of ways to pay – cash, check, credit card, debit card, mobile and online, which is convenient for the younger, tech-savvy generations. However, integrating complex payment technology that requires an overhaul of existing hardware and software can challenge a business owner’s ability to keep their business viable.
How Smartphones are Disrupting Traditional Branch Banking
- Written by: Matthew S Daye
- Category: Banking
According to a recent study completed by Javelin Strategy & Research (javelinstrategy.com) the banking system in the US has reached a crucial turning point. Now the number of customers performing banking services through a mobile device exceeds both in-bank branch visits and computer online access.
In the age of bitcoin and Apple Pay, these businesses are still cash only
- Written by: The Globe And Mail
- Category: Currency
In some ways, La Tête Dure is a pretty modern business. The Montreal barber shop has a Facebook page and an Instagram account. But, when it comes to payment, things are a little more old school – La Tête Dure (French for the hard head) is cash only.
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.
