The Currency Scene
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.
Don't Get Caught with Your Pants Down
- Written by: Matthew S Daye
- Category: Cash-In-Transit
In Oregon not too long ago we again hear the typical story about the risks of secure transport. It was reportedd that two cases of money were stolen from an armored car in Northeast Portland. The money was on its way to an ATM machine.
Bitcoin Mining - Do You Have the Energy to Profit?
- Written by: Matthew S Daye
- Category: Digital Currency
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.
Banks are swamped with hundreds of tech CVs: here’s the new way to stand out
- Written by: eFinancial Careers
- Category: Banking
Tired of carefully massaging your CV for every job posting, then waiting as your application is buried under a pile of rival CVs that most managers will barely skim through? Guess what – banks are losing interest in seeing hundreds of tech CVs swamping every IT role they post, all carefully keyword-matched yet unverifiable in the real world.
Technology hiring in banking is increasingly moving away from the advertised position. Even where roles are posted with job boards and recruiters, the selection process is evolving beyond the “talking heads” interview.
Why Gold Prices Go Up When The Market Goes Down
- Written by: Matthew S Daye
- Category: Markets & Metals
When the Federal Open Market Committee (FOMC) declared on September 17, 2015 that it was going to do... well... nothing regarding interest rates, a couple of interesting things happened.
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.
Over $9 Million Is Stolen Each Year From Banks and Armored Cars!
- Written by: Matthew S Daye
- Category: Cash-In-Transit
In November 2013, the Prosperity Bank in El Campo, Texas was robbed. According to the local El Campo Leader-News, three suspects, had been placed on trial – and they have pleaded guilty. Score one for law enforcement. In other news, an armored car, carrying $4 million, was hijacked by robbers. The robbers apprently took the vehicle to a metalworking plant and cut it open to get to the money. This time they got away. Sound more familiar?
