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.
Post Tagged with: "cashless"
Econgularity – a shorthand for economic singularity — is an ugly word I created to describe an unfortunately approaching moment in time when our current technological snooping prowess, the ease of Big Data manipulation, and our sprint to a cashless economy will converge in such a way as to permitRead More
Originally posted by Lenny Eskin on The Andera Blog. Follow us on twitter @AnderaInc! A penny for your thoughts? I should’ve probably offered a quarter instead, since a penny won’t incentivize anyone to share much of anything these days. Honestly, they aren’t even worth the time you’ve wasted thinking about the proposition.Read More
Financial innovations come in many shapes and sizes, but for the most part they all follow a general trend: they turn physical processes into digital ones. The so-called “payments revolution” has often made me wonder what will happen when innovation manages to displace the most physical aspect of finance, cash. In theRead More