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Tags (6) : cashless society

Pocket wallets vs. smartphones: Can we replace cash with digital currencies?

Pocket wallets vs. smartphones: Can we replace cash with digital currencies?
14/12/2022 | Lifestyle
The more than a decade-long history of cryptocurrency has clearly demonstrated that the world is keen on the new form of money. The crypto frenzy has even prompted leading central banks to work on central bank digital currencies (CBDCs), a third form of national currencies’ existence. Very few, if...
anonymity, banknotes, cash, cashless, cashless society, crypto, digital, security, smartphone

Cashless society: making cash disappear will hurt social inclusion

Cashless society: making cash disappear will hurt social inclusion
17/09/2019 | Markets
The battle is discreet but very real: some would like to see cash disappear. Many arguments are put forward on both sides, but the question of the effects of a cashless society on the most vulnerable should be given more consideration. Can cashless society help social inclusion? The intentions may...
cashless, cashless society

Cyberterrorism: the electronic banking system at risk

Cyberterrorism: the electronic banking system at risk
26/02/2019 | World
Once hailed for the increased financial security it would provide, the digital revolution is now showing its dark side, with a new and potent form of digital threat. Across the world, increases in fraud are alarming consumers and leaving law-enforcement agencies faced with a task they are...
cashless, cashless society, cyberattack, cyberterrorism

The distant dream of a cashless society

The distant dream of a cashless society
04/07/2017 | World
In the past decade, cash has been attracting a rising number of attacks, from various governments as well as from private businesses, or even journalists. All are throwing many arguments against hard currency, slowly tainting its image for what could be the preparation phase to the outright banning of notes and coins. While some inch patiently and try to ease it out of economies, some have promoted far more radical and rash moves. Are cashless economies truly a potential development or are they just wishful thinking?
Australia, cashless, cashless society, India, mobile, Nigeria, payment, policy, security

Denmark, a cashless paradise for bankers

Denmark, a cashless paradise for bankers
24/01/2017 | World
The kingdom of Denmark is full of surprises but who knew that it would be one day the guinea pig of the world for a cashless economy? Denmark is now likely to become the first country with no more circulating cash. Could the banks’ favorite dream become the citizens’ worst nightmare?
ATM, bankers, banking, banknote, banks, Cash, Cashless, cashless society, Denmark

Is a cash-free future really in your best interest?

Is a cash-free future really in your best interest?
12/04/2016 | World
Scandinavia is set to be the first “cashless society”, and according to its Governments and financial institutions, it could transition much faster than expected. However, people in Scandinavia are increasingly motivated to hide stacks of cash at home, fearing particularly less access to cash and...
cash-free, cashless society, contactless, debate, Denmark, payments, Scandinavia, Sweden, war on cash