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?
That Tax Free Bitcoin Economy You’ve Dreamt About Can’t Exist
- Written by: Crypto Coins News
- Category: Digital Currency
The IRS asked Coinbase to produce records for users over a wide time period: two years. Members of the Bitcoin Community have expressed outrage over this. In fact, even Coinbase, whose CEO Brian Armstrong oft takes a pro-regulation stance, has rebuffed the move.
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.
Solving the Challenge of Growing ATM Costs: Managed Services or ATM Outsourcing?
- Written by: Yonas Marcos
- Category: ATM
Despite growth in online shopping and cashless technologies, consumers continue to love cash. According to the 2018 Diary of Payment Choice by the Federal Reserve Bank of San Francisco, cash accounts for approximately 34 percent of all payments across age groups, cementing ATMs as a vital touch point between financial institutions and their account holders – especially for younger consumers.
With ATM Usage Increasing Banks Are Saying Don’t Count ATMs Out Just Yet
- Written by: Matthew S Daye
- Category: ATM
Contrary to some expectations that the latest technology would disrupt the ATM industry, banks in the Charlotte area are growing their ATM user base, so maybe we don't count ATMs out just yet. Local managers point out that their customers continue to choose the ATM because the machines are multi-located, easily accessible and open 24 hours.
15 Big Players in Banking Technology
- Written by: eFinancial Careers
- Category: Banking
If you work in banking technology (or have ambitions to do so) these are people you should know. As investment banks increase their tech budgets and hire more and more people into technology functions, these are the men leading thousands of people or heading up new developments in financial technology.
3 Major Countries that Boost Global Cryptocurrency Adoption
- Written by: Mary Callahan
- Category: Digital Currency
The single biggest hurdle a cryptocurrency is seeking to overcome is to penetrate into the real-world markets. Almost any cryptocurrency aims to become a sound form of money that is used for everyday purchases by ordinary folk. This is known as becoming a mainstream currency. This is a very tall order and even the largest cryptocurrency, Bitcoin, has a mammoth journey ahead of it in becoming a currency that is used the world over on a daily basis.
