The Currency Scene:
News, Events, and Stories about currency from around the world.

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Category: Banking

In the age of the instant everything, why does the money I transfer electronically disappear from my account immediately, but take up to five business days to reach its destination?

I can’t help but imagine a giant multinational conglomerate conspiracy as I watch my funds fly off into the abyss of nothingness for days before my debts are settled at the other end. Where did they go? And importantly, who is earning interest off of them while they’re unavailable?

World Currency News

  • J.Crew CEO James Brett steps down after short tenure +

    A customer walks into a clothing retailer J.Crew store in Manhattan, New York, March 3, 2014. REUTERS/Mike Segar NEW YORK… Read More

  • Yuan May Retrace Amid Mixed Fundamentals, Resumed US-China Talks +

    FUNDAMENTAL FORECAST FOR CNH: Neutral ... China’s domestic investment improved but consumption remained weak. US-China resumed high-level talks, though still pending… Read More

  • Yuan May Retrace Amid Mixed Fundamentals, Resumed US-China Talks +

    FUNDAMENTAL FORECAST FOR CNH: Neutral ... China’s domestic investment improved but consumption remained weak. US-China resumed high-level talks, though still pending… Read More

  • S&P, Dow advance on trade optimism; Nvidia sinks Nasdaq +

    NEW YORK (Reuters) - The S&P 500 and Dow Industrials rose on Friday after President Donald Trump said the United States… Read More

  • US Dollar Aims Higher on European Turmoil, Fed Outlook Rethink +

    US DOLLAR FUNDAMENTAL FORECAST: BULLISH US Dollar[1] may find boost from Brexit drama, Italy vs EU budget fight PMI surveys… Read More

  • Brexit Chaos Leaves Sterling Still Vulnerable to Whiplash Moves +

    Fundamental Forecast for GBP: Neutral Sterling (GBP) Talking Points: UK PM may still face a leadership challenge. Sterling roiled by… Read More

  • Dollar, U.S. yields slide on Fed official rate talk +

    NEW YORK (Reuters) - The U.S. dollar weakened and Treasury yields slid on Friday after a top Federal Reserve official said… Read More

  • Crude Oil at Risk as OPEC Supply Cut Bets Undermined by Russia, US +

    Oil Fundamental Forecast: Bearish Crude oil prices[1] clocked in the longest losing streak since 1984+ on fading OPEC oil demand… Read More

  • PG&E shares rebound as regulator soothes bankruptcy fear +

    Employees of Pacific Gas & Electric (PG&E) work in the aftermath of the Camp Fire in Paradise, California, U.S., November… Read More

  • USD/JPY Extends Bearish Series Following Less-Hawkish Fed Rhetoric +

    Japanese Yen Talking Points USD/JPY is back under pressure as Fed officials scale back their hawkish tone ahead of the… Read More

  • 11 fastest-growing tech companies in the UK, according to Deloitte +

    The 50 fastest-growing tech companies in the UK claim an average growth rate of 2,176% and a combined revenue of £1.2bn,… Read More

  • UBS lures more money from U.S. super rich to Switzerland +

    ZURICH (Reuters) - A decade after a U.S. crackdown ended Swiss banking secrecy, rich Americans are flocking back to UBS (UBSG.S)… Read More
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Digital Currency News

  • More Crypto Exchanges Opening in Thailand, SEC Warns Approvals Needed +

    A growing number of companies are entering the cryptocurrency space in Thailand. However, they have not applied for approval from… Read More

  • Ripple Continues to Rebound, While Most Major Cryptocurrencies See Mild Wave of Red +

    Most major crypto markets suffer another mild decline, while Ripple continues to see gains and hold its position as top altcoin... Read More

  • Crypto Experts From Sanctioned Countries to Receive Training in Crimea +

    The leading crypto industry association in Crimea has proposed establishing an international training center to prepare experts from countries that… Read More

  • Fundstrat’s Tom Lee Predicts Bitcoin Recovery, But Lowers End-Year Target to $15K +

    Fundstrat’s Tom Lee still bets on Bitcoin price recovery, but reduces his end-year BTC price target by almost half, to $15K... Read More

  • The Daily: New Woe for ICOs, Bitcoin Cash Trading Resumes +

    In Saturday’s edition of The Daily, we examine Q3’s figures for initial coin offerings, and ponder where they go from… Read More

  • Festive, Free Automated Trading Bot Can Be Set Up in 10 Minutes +

    Following fluctuations in the crypto market can feel like a full-time job, but a festive trading bot aspires to help… Read More

  • One Day After the Bitcoin Cash Hard Fork: Takeaways and Latest Developments +

    Bitcoin Cash, the “big block” project that forked away from the Bitcoin blockchain in August 2017, “hard forked” (split) into… Read More

  • Islamic Countries Challenge USD ‘Sanctioning Tool’ With Planned Common Cryptocurrency +

    Muslim countries around the world are planning to push back against the U.S. dollar’s long global dominance by creating a… Read More

  • 'Bitcoin For Any Party' Channels Warhol, Demonstrates The Ideological Diversity Of Crypto +

    November 16, 2018 10:02 PM The art series shows the “selling points” of bitcoin for six different political viewpoints. ... A… Read More

  • Coinmine Launches US$799 Crypto Miner +

    Coinmine One homepage LA-based startup Coinmine[1] has announced the launch of Coinmine One, a sleek, plug-in device that aims to… Read More

  • IDEX List RedCab Token | Step Forward for Ride Sharing Company +

    IDEX, the only Ethereum-based, fully decentralized crypto exchange with real-time trading and high transaction throughput has announced the listing of… Read More

  • After the Fork: Here’s How Exchanges Are Dealing With Bitcoin Cash +

    The smoke is still clearing from Bitcoin Cash’s hard fork, but exchanges have already moved in to add support for… Read More
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CurrenCategories

ATM News Banking News Cards & Payments News Cash In Transit News Currency News Digital Currency News Markets & Metals News Mobile Banking News

ATM

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Cash-In-Transit

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Markets & Metals

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Banking

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Currency

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Cards & Payments

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Digital Currency

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Mobile Banking

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CurrenEvents

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