The Currency Scene
Are ATM Fees Too High? That depends on what the meaning of zero is!
- Written by: Matthew S Daye
- Category: ATM
Despite the continued push in many countries for more government oversight and new legislation aimed at reducing ATM fees, just what costs do we really face when we need to get some quick cash? With very little effort those costs can be... uh... zero!
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.
Bitcoin: Why It Now Belongs in Every Portfolio
- Written by: Nasdaq
- Category: Digital Currency
A technology is called “disruptive” if it creates a new market that first disturbs and then displaces an earlier technology. Bitcoin is potentially such a technology and much more.
Bad Time to Be a US Bank
- Written by: CNN
- Category: Markets & Metals
U.S. bank stocks are getting dumped like it's 2011. Shares of Bank of America and Morgan Stanley plummeted by 13% apiece in the two days after the shocking Brexit vote. Even though banks and the broader markets are rallying on Tuesday, Goldman Sachs is still down 22% this year. That makes the elite investment bank the worst Dow stock in 2016.
Wells Fargo CEO John Stumpf predicts demise of user names and passwords
- Written by: Biz Journals
- Category: Banking
It's been a long time since a big bank CEO discussing the state of his industry sparked spontaneous applause. But that's what happened when Wells Fargo Chairman and CEO John Stumpf talked technology to those attending the Bay Area Council's 2016 Economic Outlook Conference in San Francisco May 17.
Four ways to dodge cybercrime when banking, shopping on mobile phones
- Written by: USA Today
- Category: Mobile Banking
The nature of identity fraud is changing. With the rollout of smart chips in credit and debit cards making it more difficult to steal using cards themselves, thieves have their eyes on your data instead.
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.
