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Tag: CASH

New 'Money Reader' iPhone App Helps Blind People Identify Cash

Many countries print their currencies in different sizes or shapes in order to help the blind and visually impaired pay for things with greater confidence. In the U.S., however, a $1 bill and a $100 bill have exactly the same dimensions, making it difficult for America's blind to tell the difference. Fortunately, though, there's a new iPhone app that can help. With the LookTel Money Reader, ...

FaceCash App Lets You Buy Goods With Your Phone and Face

If you blame your credit card for making it all too easy to unconsciously rack up piles of debt, just imagine the kinds of splurge purchases you'd make if you could pay with your face. FaceCash, the new mobile payment system from ThinkLink, is an app that allows users to store credit card and bank account information directly on their smartphones, enabling them to purchase groceries, clothes or ...

John Shepherd-Barron, Father of the ATM, Dies at 84

We all take it for granted now, but there once was a time, not too long ago, when withdrawing cash from your bank account meant waiting in lengthy lines at your local bank. Everything radically changed, of course, with the birth of the ATM. On Saturday, John Shepherd-Barron, the man widely acknowledged as responsible for creating the cash dispenser, passed away in Scotland at the age of 84. ...

U.S. Tracks Afghan Cash Flow Using Google Earth and GPS

As the war in Afghanistan continues to lurch forward, U.S. and Western coalition forces are increasingly implementing initiatives to help impoverished Afghans pick themselves up and get on the road to economic recovery. Among these programs is "cash-for-work," a set of projects run by NATO and U.S. development organizations, whereby organizations give money to local communities for creating ...

Haywire ATM Spits Out Free Cash

Earlier this week, a particular ATM machine in Queenstown, NZ, suddenly became the city's hottest hangout, with lines of up to 20 people formed around it at all times of the day and night. Had this machine temporarily suspended those annoying ATM fees for a day? No, even better: It was accidentally spitting out $20 bills instead of $10 bills. A contractor hired to maintain the machine had ...