How Banks Create Money and the Money Multiplier

Money does not grow on trees, but it does grow in banks. Watch Jacob Clifford explain how banks create money and how to use the money multiplier. You can visit his website at www.ACDCecon.com or watch the unit playlist videos.

Paying for parking from your car

Honda, Visa and IPS Group, Inc. have partnered to make locating and paying for parking fast and easy, so that drivers will never have to scramble for change or even exit the vehicle to pay for parking at a meter.

Diebold Nixdorf “Extreme” ATM Concept Live at Money20/20

How consumers will interact with their money in the future is of course the whole point behind the Money20/20 conference, where companies of all kinds are demonstrating solutions to help the everyday consumer–and merchant–have a better experience with money.

This includes companies like Diebold Nixdorf, which is dedicated to forging—in its own words—“the future of connected commerce;” at Money 20/20 Diebold appears to be offering a middle ground between cash today and the cashless future with its “Extreme ATM” concept.

Just How Vulnerable Are Mobile-Payment Apps to Hack Attacks?

From Mobile Marketing Watch –

“Making a purchase or other payment is not like it used to be. These days, cash and credit cards aren’t the necessities they once were because alternative-payment options are just a tap or two away on a mobile device through apps such as Google Wallet, Apple Pay, Square, Levelup, Kash and PayPal.

But just how secure are those mobile-payment apps and who makes sure that the companies behind them are doing all they can to keep your personal data safe?”

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