The Currency Scene
Microsoft versus Google. Will Android take over the ATM from Windows?
- Written by: Matthew S Daye
- Category: ATM
Software that runs the internal operation of an Automated Teller Machine (ATM) has seen several waves of adaptation since the first ATMs were introduced more than forty years ago. And now the ATM industry finds itself once again at a crossroads where the next king of the hill of ATM software will be crowned. Will it be another version of Windows? Or will Google Android step in to steal Microsoft's thunder in yet another venue?
3 Major Countries that Boost Global Cryptocurrency Adoption
- Written by: Mary Callahan
- Category: Digital Currency
The single biggest hurdle a cryptocurrency is seeking to overcome is to penetrate into the real-world markets. Almost any cryptocurrency aims to become a sound form of money that is used for everyday purchases by ordinary folk. This is known as becoming a mainstream currency. This is a very tall order and even the largest cryptocurrency, Bitcoin, has a mammoth journey ahead of it in becoming a currency that is used the world over on a daily basis.
That Tax Free Bitcoin Economy You’ve Dreamt About Can’t Exist
- Written by: Crypto Coins News
- Category: Digital Currency
The IRS asked Coinbase to produce records for users over a wide time period: two years. Members of the Bitcoin Community have expressed outrage over this. In fact, even Coinbase, whose CEO Brian Armstrong oft takes a pro-regulation stance, has rebuffed the move.
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.
Identifying limits associated with branch cash management
- Written by: Matthew S Daye
- Category: Banking
Over the past few years, industry experts have predicted the end of physical branches and that customers would progressively move away from cash transactions. However, in an article that was published in 2012, McKinsley & Co. showed that the share of cash in all American retail payments was still nearly one-third. This has forced financial institutions to re-think their models to better predict the amount of cash they’ll need to accommodate their account holders.
Bad Time to Be a US Bank
- Written by: CNN
- Category: Markets & Metals
U.S. bank stocks are getting dumped like it's 2011. Shares of Bank of America and Morgan Stanley plummeted by 13% apiece in the two days after the shocking Brexit vote. Even though banks and the broader markets are rallying on Tuesday, Goldman Sachs is still down 22% this year. That makes the elite investment bank the worst Dow stock in 2016.
An ATM -- Or an unpatched and easily hacked PC
- Written by: The Register
- Category: ATM
Almost any cash machine in the world could be illegally accessed and jackpotted with or without the help of malware. Security researchers at Kaspersky Lab reached this conclusion after investigating real attacks on ATMs and assessments of the machines carried out for several international banks.
