The Currency Scene
Security Risks of NFC
- Written by: Matthew S Daye
- Category: Mobile Banking
Near Field Communication (NFC) a wireless technology for transmitting information, promises to make our lives easier. Reminds us of the nine words you should always fear whenever you hear them: "We're from the government, and we're here to help."
Starting an ATM Business? 7 Things You Must Do!
- Written by: Jeff Sosville, Founder, ATM Brokerage
- Category: ATM
Running your own ATM business can be very profitable. But with several big players, banks and many experienced competitors already in the game, success can be elusive to a new owner. Guest columnist Jeff Sosville, Founder of ATM Brokerage, provides his insights on the 7 most important things you must do when setting up your ATM business.
New Money/Old Money: A look back at the newest U.S. hundred dollar note
- Written by: Matthew S Daye
- Category: Currency
"New money" became a literal term as the U.S. Federal Reserve Bank released the latest revision of its venerable $100 note into the U.S. currency supply chain on October 8, 2013. Staying a few steps ahead of counterfeiting threats, this new bill was designed with improved security features, making it easier for banks and businesses to validate but more difficult for counterfeiters to fake and bamboozle. Not to worry, if you have any older hundreds, they are still good!
Could virtual reality be the next big thing in banking?
- Written by: Matthew S Daye
- Category: Banking
While we have been hearing predictions about the disruptive impact of virtual reality (VR) headsets for many years, questions still remain. Now that some models have finally made it to market (including the Oculus Rift from Facebook), we must ask: Could VR devices also cause similar disruption within the banking industry?
Possible Futures for Forecasting Cash Demand
- Written by: Matthew S Daye
- Category: Currency
We're reading some interesting things these days--some old and some new--and wanted to share a few tidbits. While new technology might do away with the actual cash itself, forecasting cash demand will always be necessary even if the cash, literally, no longer exists!
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.
Why Taiwan Might Become a Blockchain Island
- Written by: Matthew S Daye
- Category: Digital Currency
Bitcoin is the pioneering cryptocurrency that has lasted for more than ten years despite the many market challenges. Taiwan is among the first countries to take blockchain use seriously. Jason Hsu, a vocal congressman of this island plans on integrating bitcoin use on a national scale, which he says will make Taiwan the place to be for people working on the blockchain technology.
