The Currency Scene

What to Consider When Converting Bitcoin to Fiat Currency

: Written by: The Merkle; Category: Currency

When people think of exchanges to sell their Bitcoin, there are a lot of caveats to take into account. First of all, it can take a while to execute these payments, albeit most services do so within 24 hours. On the other hand, international wire transfers remain very expensive. Bitcoin can’t solve that problem when users want a bank transfer in fiat.

Is Mobile Banking Coming To Your Smartwatch?

: Written by: Matthew S Daye; Category: Mobile Banking

From walking into your bank, to sitting down at your desktop computer. From opening your laptop on the go, to pulling out your smartphone. And now to glancing at your watch. What’s next for mobile banking, a “smart ring”?

INFOGRAPHIC: 33 Cryptocurrencies Described In Four Words Or Less

: Written by: Mr BTC; Category: Digital Currency

Cryptocurrency also termed as Digital or Virtual currency is considered as a form of asset and the currency is designed to work as an exchange medium. Crytpocurrency uses strong cryptography to secure the financial transactions. All these cryptocurrencies work on the blockchain technology which is a decentralized system.

Do You Have a Generic Banking Brand? Or a Niche Focus?

: Written by: Kevin Tynan, The Financial Brand; Category: Banking

Community-based institutions must serve a specific niche in order to survive. Do you know what your unique position is in the market? Or do you have a generic brand? A marketing plan is just not enough.

How Your Smartwatch Reveals Your ATM PIN Codes

: Written by: INC; Category: ATM

Hackers who gain control of a smartwatch can record hand motion down to the millimeter and steal PIN numbers when they are entered at ATMs with 80 percent accuracy on the first try, and over 90 percent accuracy after three tries, according to researchers at the Stevens Institute of Technology in New Jersey and Binghamton University in New York.

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.