The Currency Scene
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?
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.
Taiwan Heist Highlights ATM Weaknesses
- Written by: Bankinfo Security
- Category: ATM
The theft of $2.2 million from dozens of ATMs in Taiwan, executed using malicious software, defies a years-long effort by banks and software vendors to strengthen the security controls of ATM fleets.
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.
How To Identify Bitcoin Scamming
- Written by: The Merkle
- Category: Digital Currency
Cybercriminals don’t take any breaks and now that Bitcoins are so popular, the perpetrators of Bitcoin scams are getting more and more creative.
2017 promises to be the best year ever for Bitcoin, after the cryptocurrency set some major milestones in 2016. The uncertainties surrounding its future keeps some users awake at night, but there are other perils that people should be aware of. Bitcoin scams are not exactly a novelty, but the cyber criminals are more motivated today when the crypto’s price hit new highs. Their creativity knows no boundaries and they come up with increasingly bold ways of stealing the coveted currency.
Is Gold Really A Safe Investment?
- Written by: The Lowell Sun
- Category: Markets & Metals
Gold has long been considered a safe haven for investors who wish to insulate themselves from the whims and fancies of the volatile markets of both stocks and bonds. True? Or just another myth promoted by hype-sters who would just love to sell you... well... some gold! Martin Krikorian breaks down the myth with a practical look at the real value of gold.
How Fraud Victims 'Punish' Their Banks
- Written by: Bankinfo Security
- Category: Banking
Would you leave a bank after an unauthorized charge on a credit card or a strange debit from an account? It's a question for financial institutions evaluating the impact of a security breach.
A new study by Carnegie Mellon University researchers suggests that some customers will, in fact, leave even if they receive quick refunds of losses due to fraud. The study is one of only a few correlating the impact of a fraud incident on customer loyalty.
