News, stories and events about currency from around the world.
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.
As with any business, ATM owners and operators (IADs) get started with one purpose in mind: to make money. They might purchase a few machines, find suitable locations and eventually grow their efforts into a full-time money-making operation. Yet despite the business acumen and go-getter attitude needed to get started, many business owners fail to consider is an exit strategy. In fact, one of the most asked questions from ATM operators is: what is my business worth? Valuation, sale and and how to profitably exit are often a mystery. Triton sat down with Jeff Sosville of ATM Brokerage to pick his brain about portfolio valuation, the state of the market and the variables involved when purchasing or selling an ATM business.
The bitcoin taxation season is almost upon us, which highlights a very important problem. Most people are unaware of how they should incorporate bitcoin into their tax assessment. Thankfully, there are quite a few tools available which will help users take care of these problems with relative ease. It is important to keep in mind very few countries require bitcoin users to take cryptocurrency earnings into account right now.
