Cash

IT work is getting more complex, and that's delaying revenue, according to Diebold Nixdorf.

Currency fluctuations and government policies in countries such as Venezuela are boosting the virtual currency market and putting traditional players on notice, writes Sergey Ponomarev, CEO of SONM.

Physical cash is likely to have utility for years to come. If it passes away, better the death blow comes from superior commercial payment systems than government edict.

Regulatory moves to reduce paper money often have confusing, and even dangerous results, writes Eric Grover, a principal at Intrepid Ventures.

One MobiKwik Systems Pvt., one of India’s largest digital-payment providers, is pushing back its target for profitability by a year as it invests more in its business to capitalize on the government’s shock ban on high-value rupee notes.

CVS Pharmacy is the latest retailer to join PayNearMe’s network for walk-in bill payment, expanding the service’s geographic reach by about 40%, to 28,000 U.S. stores.

Even as consumers embrace digital payments in the U.K., the value and amount of cash in circulation remain high.

Clinical research sites have concluded that the payments to trial participants are so labor-intensive that the process can become a detriment to their medical studies.

There has been a lot of activity lately around modernizing cross-border transfers through the use of blockchain and and cloud-hosted technology, but despite the potential savings in cost and time, none of these methods has caused a meaningful decline in the use of cash.

As marijuana legalization spreads throughout the U.S. and the world, companies in the cannabis market must navigate a delicate tangle of new and old regulations. And many payment providers are unwilling to risk working with dispensaries, leading to some inventive workarounds.