The Currency Scene:
News, Events, and Stories about currency from around the world.

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Is It Time to Redesign Card Technology for ATMs

The oldest challenges in the ATM industry are the security of cash inside the machine and the guarantee that the withdrawer is genuine.

Whereas the magnetic stripe has been used for a long time, EMV chip and PIN is now commonplace in the ATM industry for withdrawals in the U.K. and Europe. But the fact that EMV is not truly global as yet means that fraud can continue to take place.

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What Donald Trump means for the banking industry

There's little doubt that the election of Donald Trump and the unified Republican control of Congress means something for banks and their customers. It's just hard to know what that something is.

Trump's most concrete policy proposal on banking echoed those espoused by many Republicans over the past few years - repeal Dodd-Frank.

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The Big Debate Over Opening Bank Accounts Online

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.

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Why Bitcoin Will Beat Mobile Payment To Its Game In Africa

Indications are rife that Bitcoin use will grow in parts of Africa in the coming years in the mobile payment market which Statistics says is expected to grow to 101.34 million users in 2016.

EY's attractiveness survey Africa 2015 says capital investment into Africa between 2013 and 2014 surged to $128 billion, up 136% and foreign direct investment FDI created 188,400 new African jobs at a 68% increase.

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