-
Despite Japan being a heavily cash-based economy, e-commerce has created significant opportunities for banks and mobile wallet providers.
March 31 -
The country has lots of smartphones, few plastic cards, and it's just starting to get rid of cash.
March 26 -
Despite digital payment advancements and the availability of mobile wallets in most countries, cash remains a prominent payment form — especially in Romania, where 78% of transactions are still made with cash.
March 17 -
Cold, hard cash is inevitably going away. Banks have a responsibility to help consumers who don’t have smartphones or even email addresses be prepared, says Shawn Rose, chief digital officer of Scotiabank.
March 2 -
Japan has long been known for its heavy use of cash, which is a burden for banks that are trying to move more services online. Maintaining ATMs alone costs about 700 billion yen ($6.6 billion) annually and another 100 billion yen is spent handling cash at branch counters, Nomura Research Institute estimates.
February 18 -
The company is bringing more sports betting sites onto its platform for accepting cash payments for digital sellers.
February 12 -
Mexico’s central bank is set to announce Monday that it will lend money to local banks that can’t find U.S. financial institutions to take their stashes of bulk cash in dollars, according to a draft of a statement seen by Bloomberg News.
February 8 -
Venues are piloting payment technology as a way to promote less contact and shorter lines.
February 4 -
This is in stark contrast to perceptions that cash can spread pathogens, a concern that has caused many consumers and merchants to downplay its usage.
February 3 -
The Bank of France will shut down more than a third of its cash handling centers by the end of 2022 as the Covid-19 pandemic accelerates a decline in the use of notes and coins.
January 21