The Bubble’s Losing Air. Get Ready for a Crisis
Investors need to focus on their response to financial stresses in an era in which policymakers will be constrained… Read More The Bubble’s Losing Air. Get Ready for a Crisis
Category: War on Cash
Instant and Almost Free: ECB Just Launched “Better Than Blockchain” Instant Payments System
But will the big banks play along?… Read More Instant and Almost Free: ECB Just Launched “Better Than Blockchain” Instant Payments System
Don’t Believe the Hype: Demonetisation in India Was a Great Success — For the Better Than Cash Alliance
Demonetisation disproportionately hurt the poor, as they were robbed of the free means of payment that they used to have at their disposal: cash… Read More Don’t Believe the Hype: Demonetisation in India Was a Great Success — For the Better Than Cash Alliance
Swedish Central Bank Makes U-Turn on Cash as NIRP is Ending
Cash is less of a threat to central bank policies when interest rates rise above zero… Read More Swedish Central Bank Makes U-Turn on Cash as NIRP is Ending
Backlash Against War on Cash Reaches the Bank of Canada
A cashless society could have “adverse collective outcomes.”… Read More Backlash Against War on Cash Reaches the Bank of Canada
Credit-Cardholders & Bank Customers Burned Again as New IT Chaos Breaks Out in the UK
The payments industry deplores it, but cash is starting to look pretty good, and central banks agree: “We do not foresee a totally cashless society”: ECB… Read More Credit-Cardholders & Bank Customers Burned Again as New IT Chaos Breaks Out in the UK
Mexico’s Central Bank Just Broke with the War on Cash
Motivated by inflation?… Read More Mexico’s Central Bank Just Broke with the War on Cash
Why Are ATMs Disappearing at an Alarming Rate after a Wave of Branch Closures?
It’s all part of a broad trend aimed at curtailing cash services… Read More Why Are ATMs Disappearing at an Alarming Rate after a Wave of Branch Closures?
The EU Backs Off its War on Cash. Here’s Why
People view paying in cash “as a fundamental freedom, which should not be disproportionately restricted.”… Read More The EU Backs Off its War on Cash. Here’s Why
Backlash Against “War on Cash” Reaches Washington & China
The electronic-payments industry, which gets a cut from every electronic transaction, wants to kill cash. But wait… Read More Backlash Against “War on Cash” Reaches Washington & China
The Cashless Society Is a Con – And Big Finance Is Behind It
Banks are closing ATMs and branches in an attempt to ‘nud… Read More The Cashless Society Is a Con – And Big Finance Is Behind It
Despite Wave of Cyber Attacks, Banks in Mexico Double Down on Biometric Tracking of Customers
For hackers, biometric data is the Holy Grail.… Read More Despite Wave of Cyber Attacks, Banks in Mexico Double Down on Biometric Tracking of Customers
