News, stories and events about currency from around the world.
From its creation in 2008 by a mysterious individual who calls himself Satoshi Nakamoto, the bitcoin Digital Currency has spawned financial innovation and a new specialty in global IT production. Despite there being a mere $3.8 billion bitcoin in circulation, price collapse and security breaches, bitcoin serves well as a currency because there is limited supply, it’s tough to earn and easy to authenticate.
Across Africa, banking is being redesigned. Technology has emerged as a competitive weapon in driving operational excellence and superior service quality. While the banks compete among themselves, they face existential threats from amalgam of entities, not necessarily possessing bank licenses.
Dr Hennie Lochner‚ who interviewed 21 people doing time for cash-in-transit robberies, as part of his doctoral studies had some interesting findings. The study which took place in South Africa can provide some important insights for armored carrier and secure transport operators around the world.
