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Android Pay Is Google's Plan For The Mobile Payments Future

We suspected that Google would announce a new payments system at I/O, and we were right. Enter Android Pay.


Stratos Card Review: This Smart Credit Card Is Still Too Dumb

Technology is a conquerer. The evidence can be seen in mounds of dead pagers, flip phones, and CDs. When companies and startups agree to kill something off, it’s usually not long for this world. But one piece of tech has become an unkillable cockroach — the credit card.


The Worst PayPal Horror Stories

Yesterday, PayPal agreed to pay customers $US15 million for ripping them off over the past few years. After I wrote about it, reader horror stories started flooding my inbox and comments.


I Got Skimmed In Mexico

When I got back from holidays in Mexico, my bank sent me an alarming email with the subject “Declined Purchases”, which struck me as weird, because I didn’t get declined the whole trip. The bank listed the locations — a perfume store and an Autozone in a town I didn’t visit — and I yelled: “I’ve been skimmed!”


US Federal Reserve's Cold War Bunker Had $US4 Billion Cash For After The Apocalypse

New York and DC are piles of ash, but at least your cheques are clearing. That was the idea behind the Culpeper Switch, a sprawling bunker built by the US Federal Reserve to keep the banks running after nuclear apocalypse. But even some Cold War-era politicians thought it was silly.


Neat Animation Shows What European Coins Looked Like Before The Euro

The German mark. Lithuanian litas. Estonian kroon. Irish pound. Slovenian tolar. Portuguese escudo. Greek drachma. Slovak koruna. Maltese lira. Finnish markka. Dutch guilder. Spanish peseta. Luxembourgish franc. Belgian franc. Italian lira. Cypriot pound. Austrian schilling. French franc. Latvian lats. All got replaced by the euro.


What Are These Bizarre Anti-Banking Ads Doing In New York's Subways?

Bizarre ads for TransferWise, a P2P money-transfer system, have cropped up overnight in NYC’s subways. I had many questions: who is this guy? Why his face? What is he selling me? Turns out the more you try to learn about TransferWise, the sketchier the whole thing becomes.


Withdrawing Cash With A Smartphone Could Beat The Card Skimmers

The U.S. loses more money to card fraud than the rest of the world combined — something that’s mostly down to the magnetic stripes that make their cards incredibly hackable. Although more secure technologies are coming, they will require time and money to adopt. But one kindly Canadian bank has a secure system that only needs a smartphone and a QR code.


Video Explainer: How Banks Took A Good Simple Idea And Turned It Evil

Video: Kurz Gesagt’s latest video explainer points his easily understood animation gun towards the evilness of banks and how they have transformed over time from a simple idea (helping people trade goods) into what they are now (big behemoth bullies who make money for themselves). It’s not all bad though, Gesagt also shows how things have changed for the better.


Samsung Wants To Replace Your Credit Cards With These Clever Magnets

Your next Samsung Galaxy smartphone could have a neat trick up its sleeves. Just place your phone next to any ol’ credit card reader, and press a button to pay. That’s because Samsung just announced that it’s buying LoopPay — a company that figured out how to trick magnetic stripe readers to accept your money wirelessly.


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