cash
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Australia Scraps Plan to Ban Cash For Large Purchases But Idea Isn’t Going Away
Australia’s Senate has scrapped a plan that would have banned cash transactions on all purchases over $10,000. The cash ban proposal was set in motion back in 2017 after a government report suggested the idea as a way to crack down on organised crime and tax cheats. Businesses faced heavy fines and up to two…
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Australia Bans Cash For All Purchases Over $10,000 Starting July Of 2019
Australia’s Liberal Party government has announced that it will soon be illegal to purchase anything over $10,000 with cash. The government says it’s “encouraging the transition to a digital society” and cracking down on tax evasion. But not everyone is happy with the move.
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How Do ATMs Always Give The Right Amount Of Bills Each Time?
Video: All I ever want in life is for an ATM to spit out an extra 20 dollar bill one time. This never happens! Vending machines have given me two bags of chips. I’ve gotten an extra chicken nugget here and there. Sometimes even the glorious onion ring in an order of fries. But the…
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Malware Attacks On ATMs Are Here To Stay
Earlier this month it came to light that ATM malware was being used to extort large quantities of cash from banks. Now, Krebs on Security reports that such techniques are on the rise — and here to stay too.