The Currency Scene
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.
What to Consider When Converting Bitcoin to Fiat Currency
- Written by: The Merkle
- Category: Currency
When people think of exchanges to sell their Bitcoin, there are a lot of caveats to take into account. First of all, it can take a while to execute these payments, albeit most services do so within 24 hours. On the other hand, international wire transfers remain very expensive. Bitcoin can’t solve that problem when users want a bank transfer in fiat.
How To Identify Bitcoin Scamming
- Written by: The Merkle
- Category: Digital Currency
Cybercriminals don’t take any breaks and now that Bitcoins are so popular, the perpetrators of Bitcoin scams are getting more and more creative.
2017 promises to be the best year ever for Bitcoin, after the cryptocurrency set some major milestones in 2016. The uncertainties surrounding its future keeps some users awake at night, but there are other perils that people should be aware of. Bitcoin scams are not exactly a novelty, but the cyber criminals are more motivated today when the crypto’s price hit new highs. Their creativity knows no boundaries and they come up with increasingly bold ways of stealing the coveted currency.
Where do bankers' children bank?
- Written by: Banking Exchange
- Category: Banking
Much has been written about millennials and the way they bank, but what of those with a banker in the family? Does having an insider’s view change the way this select set of millennials bank? What we found after talking to several bankers with adult millennial children (and some with slightly older Gen X kids) is that the answer, in short, is “No.”
The simple reason you should move your money to an online bank
- Written by: QZ
- Category: Banking
Would you pay a 23% fee to access your own money? That’s how much, on average, Americans are forking over when they withdraw $20 from an ATM that doesn’t belong to their bank.
Keeping Mobile Banking Safe and Secure
- Written by: Matthew S Daye
- Category: Mobile Banking
Remember when stopping at the bank was something we had to do every once in a while. Neither do we. But apparently at one time people chose their bank if it was located on the right-hand side of the street on the drive home from work. Today a customer is likely to choose their bank if it has a hot new app in the "app store."
According to Jewish Law is Bitcoin Considered to be Money?
- Written by: Chabad
- Category: Digital Currency
Recently a Florida Judge ruled that Bitcoin isn't money. This ruling ended up throwing out an anti-money laundering charges against one Michell Espinoza. Whether Bitcoin is considered money or not could have further implications not only in the legal cases but how governments regulate (or try to regulate) this "digital currency". However looking through the lense of history, would Bitcoin been considered "money"?
