Next time you withdraw money from a hole in the wall, consider singing a rendition of happy birthday. For on June 27, the Automated Teller Machine (or ATM) celebrates its half century. Fifty years ago, the first cash machine was put to work at the Enfield branch of Barclays Bank in London. Two days later, […]
Imagine logging into Facebook to pay your bills. Or having free Internet, on the condition that you always wheel your virtual shopping cart past the Telstra checkout. For now, the big banks rule the digital payments industry, raking in fees from the many ways we exchange money without using […]
I love catching up with Alan Brough on radio ABC on a Sunday morning. This week we talked about the Future of Banking including: will we need banks into the future; are physical credit cards and money finished; peer to peer banking and micro loans, biometric security, nano technology in bank notes and so much […]
