The Currency Scene
Why Bitcoin Will Beat Mobile Payment To Its Game In Africa
- Written by: Coin Telegraph
- Category: Digital Currency
Indications are rife that Bitcoin use will grow in parts of Africa in the coming years in the mobile payment market which Statistics says is expected to grow to 101.34 million users in 2016.
Why Don’t ATM Operators in Japan Want to Give You Money?
- Written by: Matthew S Daye
- Category: ATM
After several years of government pressure Japan’s three biggest banks are beginning to connect their ATM machines to the global network of ATM Operators. The banks resistance to globally connected ATMs has frustrated tourists short of yen. However, with the expected tourism boom from the 2020 Tokyo Olympics, the banks are examining their ATM operations.
Currently, foreign visitors to Japan find that their overseas cards are useable only at few banks such as the Seven Bank and Japan Post Bank.
What To Look For In A Cash-in-Transit Provider
- Written by: Matthew S Daye
- Category: Cash-In-Transit
Trusting a cash-in-transit company with transporting cash or other valuables is not something you should do until you have thoroughly researched your options. About 60% of the cash-in-transit global market is controlled by only five companies due to the high cost of offering this kind of service. Here are a few things you should look for when selecting a CIT service provider.
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.
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.
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?
First EMV Fraud on the Public: EMV Cards Are Secure!
- Written by: Matthew S Daye
- Category: Cards & Payments
The card industry has been battling the instance of payment card fraud ever since the first credit and debit cards were issued years ago. From the 1960's to around 2003 the magnetic stripe on the back of the card was the means by which card information was exchanged with the networks to effect a transaction. Over the years, criminals learned that the magnetic stripe was easily compromised and so the industry sought a more secure solution. Enter EMV (Europay, MasterCard and Visa, also known as chip and pin) technology. Is EMV the secure solution it is claimed to be? Don't bet your bank balance on it!
