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05/30/2018 / By David Williams

New malware hijacking ATM machines, causing them to dispense large amounts of cash

Hackers are everywhere – while much of the hacking you hear about tend to occur on the internet and home computers, the worst criminal hackers usually target institutions such as banks. ATMs are a usual target for hackers, and now there is evidence of a terrifying new malware that can cause them to spill out […]

07/29/2017 / By Jhoanna Robinson

ATMs found to be easily hacked in minutes because they run on Windows

By just drilling a hole in a cash machine, you can have access to loads and loads of moolah – within minutes. A security expert with cyber company Positive Technologies, Leigh-Anne Galloway, said that since most automated teller machines (ATMs) are basically Windows XP computers that connect to a vault, it can be so easy to […]

07/15/2017 / By Frances Bloomfield

Visa will pay restaurants $10,000 each to stop accepting cash

Visa is offering 50 restaurants and food vendors $10,000 a pop, in addition to upgrading their payment technology. The catch: these businesses can no longer accept cash payments. Dubbed the “Visa Cashless Challenge”, this campaign is part of the credit card giant’s push towards a culture free of countable currency. The $500,000 incentive has been […]

10/13/2016 / By Randall Wilkens

Global elite scheming to avoid mass bank withdrawals by banning cash

At a recent meeting of the Council on Foreign Relations, a Harvard economist railed against the use of physical cash in amounts greater than 10 dollar bills. Also a member of the economic advisory panel of the Federal Reserve Bank of New York, Kenneth Rogoff argued that cash itself is no longer used for retail […]

09/12/2016 / By JD Heyes

Home safe sales boom, as people move from ‘digital money’ to cold, hard cash

There is a financial crash coming, and millions of people sense it. That is why home safe sales are booming; people want to have access to their cash when the day comes. As noted at Armstrong Economics, central bankers – in the U.S. and European Union, especially – adopted policies in recent years that resulted […]

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