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.
Possible Futures for Forecasting Cash Demand
- Written by: Matthew S Daye
- Category: Currency
We're reading some interesting things these days--some old and some new--and wanted to share a few tidbits. While new technology might do away with the actual cash itself, forecasting cash demand will always be necessary even if the cash, literally, no longer exists!
INFOGRAPHIC: The Incredible Growth of Fintech
- Written by: 16 Best
- Category: Banking
As a truly modern trend, Fintech stretches out to all major aspects of life. Get to know the most fascinating numbers and facts about one of the most booming industries of our days in the infographic that follows. Thanks to our friends at 16BEST and another big shout out to Josh Wardini and his team at WebmastersJury for putting together this incredible infographic.
What To Look For In A Cash-in-Transit Provider
- Written by: Matthew S Daye
- Category: Cash-In-Transit
Trusting a cash-in-transit company with transporting cash or other valuables is not something you should do until you have thoroughly researched your options. About 60% of the cash-in-transit global market is controlled by only five companies due to the high cost of offering this kind of service. Here are a few things you should look for when selecting a CIT service provider.
Challenges and Growth for ATM Operators
- Written by: Matthew S Daye
- Category: ATM
ATM’s made their debut in New York in 1960 appealing to gamblers and prostitutes who wanted to avoid tellers, but it took until the end of the 1960’s before people really began to use the technology.
INFOGRAPHIC: Ten Years of the World With Bitcoin (UPDATE!)
- Written by: Bitcoin Play
- Category: Digital Currency
As Bitcoin reaches ten years on The Currency Scene we thought you'd enjoy this fantastic infographic courtesy of our friends over at BitcoinPlay (recently UPDATED!) A big shout out to Josh & Karthik over at WebmastersJury who worked on the project and provided the suggestion and permission to re-publish here. Follow along to learn...
67 Insane Facts About Bitcoin
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.
