The Currency Scene
In the age of bitcoin and Apple Pay, these businesses are still cash only
- Written by: The Globe And Mail
- Category: Currency
In some ways, La Tête Dure is a pretty modern business. The Montreal barber shop has a Facebook page and an Instagram account. But, when it comes to payment, things are a little more old school – La Tête Dure (French for the hard head) is cash only.
Where do bankers' children bank?
- Written by: Banking Exchange
- Category: Banking
Much has been written about millennials and the way they bank, but what of those with a banker in the family? Does having an insider’s view change the way this select set of millennials bank? What we found after talking to several bankers with adult millennial children (and some with slightly older Gen X kids) is that the answer, in short, is “No.”
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.
The ATM market is changing. What might the future look like?
- Written by: Finextra
- Category: ATM
Within the financial technology sector, the ATM is sometimes seen as an area of self-service that is seeing less use due to mobile or online adoption as consumers move towards e-money and contactless payments. What may surprise is that the global ATM market actually continues to grow at a significant pace. The theme of modernization, driven by replacements and new installations are anticipated to create change in this area of financial services in the coming years.
Wall Street's Obsession With Blockchain And the Future Of Banking
- Written by: Fortune
- Category: Banking
Anyone who sends money abroad knows how inconvenient it is. Banks take days, sometimes weeks, to clear payments, and they collect a hefty fee in between. And God forbid, when errors occur, money vanishes into thin air.
INFOGRAPHIC: Libra - Cryptocurrency By Facebook In 5 Minutes
- Written by: Mr BTC
- Category: Digital Currency
Libra, Let’s get started: Technology has improved the world around us, it is easy to send text, pictures and documents but why not money. What if we made the money truly global, stable, and secure. What if everyone has invited to the Global economy with access to the same financial opportunities.
