Despite the prevalence of credit cards and payment services like Venmo and Apple Pay, when things go wrong, cash is still king. And today, Europe and the UK got a really good reminder of that after a network crash prevented millions of Visa credit and debit card holders from making any transactions.
Australia’s Liberal Party government has announced that it will soon be illegal to purchase anything over $10,000 AU ($7,500 US) with cash. The government says it’s, “encouraging the transition to a digital society,” and cracking down on tax evasion. But not everyone is happy with the move.
Less than a week ago, headlines declared that a market-shaking fork in Bitcoin had been averted. But the people backing a new cryptocurrency called Bitcoin Cash have now announced that the expected compromise between warring factions is dead. Next week, the huge Bitcoin fork will begin, and here’s what it’s all about.
Before Walt Disney’s Epcot was a theme park, it was supposed to be an actual city. With actual humans inside of it around the clock. After Walt died in 1966, the plans for Florida slowly changed. But in a newly uncovered proposal for the park’s computer and communications system in 1968, we can see what might have…
All I ever want in life is for an ATM to spit out an extra 20 dollar bill one time. This never happens! Vending machines have given me two bags of chips. I’ve gotten an extra chicken nugget here and there. Sometimes even the glorious onion ring in an order of fries. But the cash machine never messes up for me. Here’s…
Virtually every retailer takes credit cards these days. More and more even accept services like Apple Pay. But when you really need cash to buy things like drugs or sex or illegal firearms, Chase will soon make it much more convenient. That’s right, card-free ATMs are on the way.
Google Wallet in its newly revamped form is meant to be a way to send money to other people without difficulty or thought or regret. To make the process easier, you now just need someone’s phone number to get the cash flowing.
In late October of 1971 a group of academics and technologists gathered at a conference at Georgetown. They were given the task of devising the most comprehensive (yet invisible) surveillance program imaginable. What they came up with sounds an awful lot like our current debit card system.
A new CNBC All-America Economic Survey reveals that approximately half of Americans have reined in their spending on travel, food and health care to be able to afford new technology. How much do you scrimp and save for gadgets?
Art Williams Jr. says he never really knew how money worked until he went to prison three times. It's ironic because Art Williams is also one of the most infamous money counterfeiters in recent American history. And he almost got away with it.
When Los Angeles's most expensive house went up for sale at $125 million, no one expected it to go for that price in a million years. Well, someone, identified only as a "French billionaire," has bought said house for only slightly less that that figure: $102 million. And just to rub it in, the dude paid cash.
Forget infected USB sticks and complex card skimmers: sometimes, the low-tech solutions work just as well. Now, a team of crooks from Salford, UK, has used a simple old tunnel to steal cash from an ATM.
Criminals will go to all lengths to cheat an ATM out of its cash. But now, a team of researchers has discovered that skimmers may be a thing of the past: crooks have been targeting cash machines directly using infected USB sticks instead.
If you already feel a little hard done by when it comes to your pay check, brace yourself. Bloomberg reports that four of the five best-paid executives across the whole of the US are employed by Apple—and just wait until you hear how much they earn.
If you regularly find yourself perplexed at ATMs, help is at hand. Bank of America has announced that it's launching a new system that will allow you to hold a live video chat with bank staff to help guide you through your ineptitude.
Aslan Malik decided to give his US cash a colorful makeover by transforming the presidents on different denominations into members of the Justice League. Behold the faces of SuperGrant, Wonder Jackson, and the Green Franklin.