money

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.


These Concept Notes Make Money So Beautiful

US currency does change from time to time, but the basic design — green/black background, a portrait on one side, and a pretty picture on the other — has stayed boring for decades. These concept designs for currency, though, are anything but boring.


How To Travel Internationally For The Very First Time

Did you know that only about 30 per cent of Australians travel abroad each year? Beat the odds, get a passport and go see the world. It’s easier than you might think. Here’s our starter guide for the new traveller.


Some Stock Broker Lost $US75,000 To Hackers Over One Email

The SEC just revealed that the vast majority of brokerages and financial advisers have been hit with cyberattacks. The agency’s report also reveals: “One adviser reported a loss in excess of $US75,000 related to a fraudulent email, for which the client was made whole.” LOL what?


The Rise And Rise Of Uber In Australia

Uber launched in Australia 2 years ago, in October 2012. If you haven’t heard of it, here’s a quick recap. Uber is a car ride-sharing service backed by Google – it allows you use its app to catch a ride from one of its drivers. Just about anyone with a car can be a driver – not just taxis, but also serviced cars and even ordinary people (like this). The benefit for the average person is simple. Because drivers don’t need to pay for expensive taxi licenses, Uber rides are generally cheaper than taxis (or so they claim).


Philadelphia Literally Burns Old Money For Electricity

What happens to old paper money that’s too worn out to be used? It’s often recycled and made into everything from dog beds to packing materials. But the Philadelphia Federal Reserve office does something even more unique: They send the old currency to local power plants, where it’s burned for electricity.


Chaos Ensues As Armoured Truck Spills $4.5 Million On Road

Dozens of Hong Kong motorists and pedestrians rushed to grab loads of money after an armoured truck’s doors opened by accident on a busy road, spilling about $US4.5 million dollars in HK$500 notes (US$65) on Christmas Eve, reports the South China Morning Post. Check out all those frantic people.


New 'Wiretap' ATM Skimmers Are Invisible To Your Eye

ATM skimmers just keep getting scarier. In his ongoing series on skimmer innovation, security guru Brian Krebs highlighted a new card skimmer — the increasingly thin device that intercepts and snags your credit card details — that’s been spotted in the wild. And unlike the vast majority of skimmers that attach to or replace machine’s card reader, this skimmer just eavesdrops on your perfectly legitimate transaction to steal your info.


These US Dollar Bill Concepts Are Better Than The Real Thing

While US currency does change a little on occasional, the basic design of the notes has stayed fairly constant: green/black background, a portrait on one side and a pretty picture on the other. These concepts take that classic design and turn it on its head.


This Nifty Tool Helps Roommates Find The Fairest Way To Split The Rent

It’s impossible enough to find a decent apartment these days, let alone the humans to share it who won’t dismember you in the night. Far more difficult, however, is deciding which roommate pays which portion of the rent, which has been known to end more than one friendship before it even started. A new online tool says it can divide your rent, and it uses maths, so you can’t possibly argue about it.