Tag Archives: cash
Bloomberg reports that four of the five best-paid executives across the whole of the US are employed by Apple—and just wait until you hear how much they earn. More »
A team of scientists led by Jon Kellar at the South Dakota School of Mines and Technology have come up with a special QR code—using nanoparticles combined with blue and green fluorescent ink&mdash...
Facebook is trialling online gambling for the first time, by allowing a gaming app on its platform to offer users the chance to play with real money. More »
While there have been plenty of terrifyingly realistic card skimmers in the past, we have bad news for you: the latest breed of skimmers are so thin that they're inserted into the ATM, so you can't see ...
Dwolla’s First FiSync Banking Customer Goes Live, Eliminates ACH Delays With Real-Time Bank Transfers
A major milestone for disruptive payments platform Dwolla: the company has just switched on FiSync, its real-time money transfer system which aims to replace the outdated - and much slower - ACH process. ACH, or Automated Clearing House, is the traditional means for making electronic payments here in the United States. A 40-year old system, ACH enables money to move from Bank A to Bank B, but the transactions take two to five days to complete. FiSync basically blows that system up, offering banks, credit unions and service providers access to a real-time alternative.
Ronald Page, a retired GM worker living in the Detroit area, took advantage of one hell of a computer glitch, after happening upon an ATM that allowed him to make unlimited cash withdrawals. More&nbs...