Post Tagged with: "cash"

What Will Finally Kill Cash? Apple Pay, Says Survey

What Will Finally Kill Cash? Apple Pay, Says Survey

by November 9, 2016 at 11:21 am 0 comments

As much as we all love digital banking (and we do) there are clear kinks that need to be worked out. The recent Android banking Trojan that’s gaining ground, Tesco Bank having to halt online transactions, the massive Yahoo hack, and even the troubles at Wells Fargo could all beRead More

Oh, the things you could do with the enormous Cash pile!

Oh, the things you could do with the enormous Cash pile!

by November 3, 2016 at 2:00 am 1 comment

At Daily Fintech we have been monitoring cash for various reasons. The more Fintech factors relate to watching digital currency trends, digital wallets and the potential of a cashless economy; and the more traditional Finance reasons, relate to income yielding options and flows towards public investment vehicles. The latter onesRead More

A Case for Less Cash

A Case for Less Cash

by October 22, 2016 at 9:41 am 1 comment

Tim Cook, CEO of Apple, has joined a movement the fintech world is quite familiar with: the drive toward a cashless society. Speaking to the Nikkei Asian Review, Cook noted: We would like to be a catalyst for taking cash out of the system. We don’t think the consumer particularly likesRead More

Paying for Black Friday and Beyond: Card Strategies for the Holidays

by November 23, 2015 at 10:11 am 0 comments

Black Friday and its online sibling Cyber Monday are upon us again. The ads are everywhere and the preview circulars are available online. Just as you are creating your plan of attack for the wee hours of November 27th, you would be wise to consider the various payment options forRead More

Startup Piddly Aims to Eliminate ATM Fees [VIDEO]

Startup Piddly Aims to Eliminate ATM Fees [VIDEO]

by September 2, 2015 at 11:48 am 0 comments

“Sorry, no cards — we’re cash only.” This depressing refrain sends many a millennial scuttling to the nearest ATM, where he will likely pay $2 or $3 so that the merchant can avoid a swipe fee. The cap on debit fees brought about by the Durbin Amendment seems to have done nothing to curbRead More

Everyone Can Become an ATM with MoolahMe

Everyone Can Become an ATM with MoolahMe

by May 4, 2015 at 11:07 am 3 comments

MoolahMe, which was a runner-up at this weekend’s TechCrunch Disrupt hackathon, wants everyone to be an ATM. Here’s how it works: Let’s say you need some cash. You put a query out for someone to give you, say, $20. Someone who has $20 of cash nearby will indicate that sheRead More

Here’s What a Cashless Society Looks Like [VIDEO]

by November 3, 2014 at 9:45 am 0 comments

Want to know what a cashless society might look like? Check our Sweden, where cash is used in but 41% of transactions, compared to 55% in the United States — an appropriate preview to Money2020, which starts today in Las Vegas.

Cash Is Still King

Cash Is Still King

by June 2, 2014 at 3:02 pm 0 comments

There are between 60 million and 100 million cash-preferring consumers in the U.S. That’s about the population of the nation’s four largest states – California, Texas, New York and Florida – combined. In April, the Federal Reserve released a paper called the “Diary of Consumer Payment Choice” (DCPC) that featuredRead More

MasterCard: Use Cards Because Cash Is … ‘Dirty’?

by May 8, 2014 at 6:07 pm 1 comment

Sorry, cash-dependent customers, you’re using a dirty instrument. What is MasterCard‘s marketing pitch these days? Calling cash use a “dirty habit,” as it did in a marketing video released this week. We’re not kidding. MC’s sullying (sorry, we couldn’t resist) the use of cash, because, uh, plastic cards are perfectlyRead More

Piggy Eliminates Change — and Card Fees

Piggy Eliminates Change — and Card Fees

by April 22, 2014 at 12:05 pm 0 comments

It’s no secret merchants love being paid in cash – and it’s certainly not a surprise that some customers hate lugging around change. A new startup aims to increase customers’ cash usage to help merchants save on credit card fees. It does it by forwarding the change a customer wouldRead More