The Currency Scene
Six Hottest Banking Trends for 2017
- Written by: Bank Innovation
- Category: Banking
Change is imminent in banking, and as we begin the new year the only debate seems to be what is going to be driving that change. Over the course of 2017, what is going to transform banking the most? Well, we have some ideas.
Hurry up with that EMV upgrade. Replacing debit cards with smartphones may be next!
- Written by: Matthew S Daye
- Category: ATM
Just when you thought the latest round of upgrades to your ATM fleet were finished along comes the next big idea - ATM Cash using a Smartphone. Several banks in the US and Australia, and some pretty big players in the ATM manufacturing and transaction processing space have been testing - and rolling out - the latest ATM cash withdrawal technology. So... will your smartphone one day replace your ATM card?
Why Africa's mobile money revolution can reduce poverty
- Written by: Nation
- Category: Mobile Banking
When farmer Isaac Tondo fell on lean times in Liberia's long rainy season, his brother in the capital sent 8,000 Liberian dollars (US$87) to his Lonestar mobile money account, ensuring his children's school fees would still be paid.
Millenials are Embracing the Idea of Branchless Banking
- Written by: Matthew S Daye
- Category: Banking
When it comes to new ideas in currency, banking and ATMs, the concept of branchless banking seems to be growing in popularity. According to a survey performed by Accenture, consumers in the U.S. and Canada are now more likely to consider branchless banking or non-traditional providers. What's more, millenials, are more likely to consider branchless banking than other segments of the population. What does this mean for the future of banking, and what can financial institutions do to survive the trend?
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.
What Does a Little Blue Box Have to do With ATM Channel Management?
- Written by: Matthew S Daye
- Category: ATM
Do you remember the 1960's infamous little blue box? That plaything of the technically inclined from long ago was a pre-cursor to some of the security challenges faced by the ATM industry today.
The Big Debate Over Opening Bank Accounts Online
- Written by: Deposit Accounts
- Category: Banking
Online banking continues to grow, but that’s not to say there aren’t obstacles keeping it from exploding. The banking industry is ramping up the noise about changing rules that make it difficult to open accounts remotely, and Congress has the topic on its agenda.
