Financial
Proverbial Wallets to keep your digital spending in check
The widespread adoption of credit and debit cards means, for many people, the cashless society is already a reality. However, this means the simple system of checking how much cash you’ve got in your wallet before making a purchase is no longer an accurate reflection of your finances, making it all too easy to succumb to temptation and overextend yourself financially. The Proverbial Wallet project at MIT is looking at “un-abstracting virtual assets” with wallets that provide tactile feedback that reflects a person’s current financial state. Read More
Further proof that the GFC might be retreating and that the demon drink has indeed become a sound financial investment was the news that a bottle, err decanter, of Dalmore Oculus whisky sold for a GBP27,600 (USD47,000) at yesterday’s whisky auction at Bonhams Edinburgh (UK). Read More
Nokia’s new Nokia Money service will let users send money, pay for products, recharge prepaid SIM cards and pay utility bills just by using the payee’s mobile phone number. Designed to be as simple as making a phone call or sending an SMS, the Nokia Money services will be accessible 24 hours a day anywhere there is mobile phone coverage. Read More
The theft of financial information during ATM transactions is one of the financial industry's fastest growing crimes and in the latest effort to combat this problem, ADT Security Services today introduced a new advanced skimming detection device for financial institutions throughout North America. The ADT Anti-Skim™ ATM Security Solution helps prevent skimming attempts and detects skimming devices on all major ATM makes and models, says ADT. Read More
