money

Pebble And PayPal Give You Another Stupid Way To Pay For Stuff

Tech companies are continuing with the long, hard struggle to rid the planet of credit cards. Today’s slightly awkward solution comes courtesy of PayPal and Pebble, who will now let you ditch your wallet, provided you own a Pebble smartwatch, have a PayPal account and shop at stores that take PayPal.


This Is How ATMs Get Hacked In Russia: Using Explosives

Forget super-skinny card skimmers and clever malware attacks. In Russia, many of the attempts to illegally obtain cash from ATMs are rather more crude — because they involve explosives.


Malware Attacks On ATMs Are Here To Stay

Earlier this month it came to light that ATM malware was being used to extort large quantities of cash from banks. Now, Krebs on Security reports that such techniques are on the rise — and here to stay too.


This Is How Apple Pay Will (Possibly) Work

Ahead of the official launch, which is expected later this week, 9to5mac has unearthed screenshots and training materials for Apple Pay which show how it will (probably, perhaps) work.


The Designs Norway Rejected For Its New Banknotes Are Amazing

Earlier in the week, we learnt that Norway had chosen a new design for its banknotes — a pixelated little number by the architects at Snøhetta. While their design is tasteful and restrained, it can’t possibly live up to the charm of sea life drawn by kids. Which was exactly what one designer proposed.


Norway's New Currency Design Is Perfectly Pixelated High-Concept Art

With last week’s news that Oslo had pulled out of the 2022 Winter Olympics, I got really sad — mostly that we wouldn’t see the beautiful identity from the architects at Snøhetta brought to life. But here’s a consolation: Snøhetta won a competition to redesign Norway’s currency. And the pixelated landscapes they designed are absolutely gorgeous.


Do You Economise In Order To Afford Technology?

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?


The Rise And Fall Of America's Greatest Convicted Counterfeiter

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.


A Forced PIN For All Credit Cards Won't Stop The Biggest Fraud

Australians are no longer be able to use their signature when completing a transaction in a store under new regulations: it’s PINs only from now on. According to PINwise, an initiative of the Australian payments card industry, using a PIN (personal identification number) for credit and debit card purchases in store is “safer and faster than signing”. But is this really the case?


What Gives Paper Money Its Actual Value?

Money is just tinted paper printed with different numbers on it. So what gives the ol’ greenbacks its value? The bills used to be tied to the gold standard, but now it’s up to the Federal Reserve to control how many bills there are. So why can’t they just decide to print out ridiculous amounts of bills to make everyone rich?


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