European Bank ATMs Under Pressure Due To Mounting Malware Attacks
Bank ATMs are a lucrative target for hackers, as these devices can be exploited in a multitude of ways. Cybercrime is becoming more prevalent where these machines are concerned, …
Category: Finance
India’s Worthless Banknotes Pile Up To Three Times The Size of Mount Everest
Every action in this world has an equal reaction, although some consequences are impossible to predict. Ever since India made 23 billion banknotes virtually useless, the question becomes what …
Euro Overtakes Chinese RMB In Trade Finance
Concerns over the value of the RMB are more than justified, as the national currency continues to slip down a very steep slope. But there is even more reason …
UnionPay Continues Its Quest For Global Dominance With Europe Card Launch
UnionPay is one of the dominant market leaders when it comes to cashless payments in China. SIX Payment Services, together with UnionPay and Bank of China, have launched a …
Visa Clarifies Debit Routing Protocol To Boost EMV Adoption in The US
For quite some time now, there have been concerns over how major credit card issuers route debit payments. Both Visa and Mastercard have been scrutinized over their methods in …
Barclays To Deploy Contactless Cash Terminals In Early 2017
Contactless payment technology can be used for other purposes than paying for goods and services. Barclays, one of the UK’s largest financial institutions, will install contactless cash machines throughout …
US Gun Shop Owners Hope Black Friday Can Rekindle Sales Figures
Black Friday is almost upon us, which means that consumer shopping expenses will reach unprecedented levels once again. Most people will be looking for Christmas gifts, but the firearms …
Japanese Stock Market Uptrend Indicates Positive Outlook For Asian Markets
After a few troublesome weeks, things are looking positive for the Asian stock markets once again. Mainly Japanese stocks saw a nice increase on Monday morning, amid the weakening …
The American Tax Agency Is Asking Bitcoin Startup Coinbase To Hand Out User’s Data
Today the Bitcoin community saw something unprecedented, the American Internal Revenue Service (IRS, Tax Agency) sent a request to Coinbase, the most popular Bitcoin exchange in the US, demanding customer’s information …