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.
Starting an ATM Business? 7 Things You Must Do!
- Written by: Jeff Sosville, Founder, ATM Brokerage
- Category: ATM
Running your own ATM business can be very profitable. But with several big players, banks and many experienced competitors already in the game, success can be elusive to a new owner. Guest columnist Jeff Sosville, Founder of ATM Brokerage, provides his insights on the 7 most important things you must do when setting up your ATM business.
The Currency Supply Chain: Going the Way of the Dinosaur?
- Written by: Matthew S Daye
- Category: Currency
Despite what movies like Godzilla and Jurassic Park would have us believe, dinosaurs are dead. Once they dominated the Earth; now they're gone - never to live again. With the continued advance of technology and the rise of digital payments, many people predict a similar fate for physical money. Well... not so fast!
Taiwan Heist Highlights ATM Weaknesses
- Written by: Bankinfo Security
- Category: ATM
The theft of $2.2 million from dozens of ATMs in Taiwan, executed using malicious software, defies a years-long effort by banks and software vendors to strengthen the security controls of ATM fleets.
Revenue and Costs of Running a Bitcoin ATM
- Written by: Coin ATM Radar
- Category: Digital Currency
In a recently completed study, our friends at Coin ATM Radar (http://www.coinatmradar.com) have laid out in great detail concepts that both new and experienced operators will encounter when operating a Bitcoin ATM. The Bitcoin ATM industry is growing fast. If you are considering taking the plunge into this challenging but nonetheless potentially lucrative field, check out what the experts advise on the topics of fees, operating costs, profitability, legal hurdles and more.
Tokenized securities on blockchain are here. And they’ve been around for a while
- Written by: Aikon
- Category: Digital Currency
Remember tokenized securities or securitization with tokens on blockchain?
With the entire year in crypto defined by a maelstrom of projects embarking on decentralized finance (DeFi) aspects to their products, it can be easy to forget that previous advancements in blockchain-based technologies have continued to make great headway in terms of adoption and application.
Over $9 Million Is Stolen Each Year From Banks and Armored Cars!
- Written by: Matthew S Daye
- Category: Cash-In-Transit
In November 2013, the Prosperity Bank in El Campo, Texas was robbed. According to the local El Campo Leader-News, three suspects, had been placed on trial – and they have pleaded guilty. Score one for law enforcement. In other news, an armored car, carrying $4 million, was hijacked by robbers. The robbers apprently took the vehicle to a metalworking plant and cut it open to get to the money. This time they got away. Sound more familiar?
