The Currency Scene
INFOGRAPHIC: The Incredible Growth of Fintech
- Written by: 16 Best
- Category: Banking
As a truly modern trend, Fintech stretches out to all major aspects of life. Get to know the most fascinating numbers and facts about one of the most booming industries of our days in the infographic that follows. Thanks to our friends at 16BEST and another big shout out to Josh Wardini and his team at WebmastersJury for putting together this incredible infographic.
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.
New Polymer Notes in the Global Currency Supply Chain
- Written by: Matthew S Daye
- Category: Currency
In March of 2015, Scotland became the latest country to add plastic money to the Currency Supply Chain, to be followed by England’s introduction of the 5 pound note next year. So far more than 24 countries including Canada, Fiji and Mexico have followed the lead of Australia which first put plastic-based currency into circulation in 1988.
Blockchain in Japan – Understanding the Legal Framework
- Written by: Aikon
- Category: Digital Currency
As with all innovation, blockchain technology can only develop so far before it faces legal hurdles making it necessary to create an acceptable legal framework to grow within.
So far, even the leading blockchain countries have been slow to accommodate this fast-growing business and technology development, thus hindering and even blocking it from achieving its potential.
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.
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!
7 Reasons Why Your Insurance Premiums Are Rising Faster Than Your Salary
- Written by: Life Insurance Post
- Category: Markets & Metals
As he blazed/thrashed/insulted his way to the White House, one of Donald Trump’s constant talking points was that Obamacare was not working. According to Trump, it was a “disaster” that only he could fix. His criticisms have certainly been…creative.
