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?
Category: War on Cash
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
Consumers Stubbornly Cling to Cash, after Multiple IT Fiascos & Payment Systems Outages
An industry dogged by non-believers who fret about privacy and fraud. … Read More Consumers Stubbornly Cling to Cash, after Multiple IT Fiascos & Payment Systems Outages
Visa Goes Down in the UK, Chaos Ensues, Cash is Suddenly King
War on Cash Suffers Setback.… Read More Visa Goes Down in the UK, Chaos Ensues, Cash is Suddenly King
As Banks Embrace Biometric Tracking of Customers, Cybertheft Explodes in Mexico
With impeccable timing.… Read More As Banks Embrace Biometric Tracking of Customers, Cybertheft Explodes in Mexico
Even the World’s Most Cashless Nation Doesn’t Want to Go Fully Cashless
It’s too risky and systematically excludes the most vulnerable people.… Read More Even the World’s Most Cashless Nation Doesn’t Want to Go Fully Cashless
Cash Refuses to Die, But the €500-Note Is a Goner
War-on-Cash Backlash.… Read More Cash Refuses to Die, But the €500-Note Is a Goner
“Cash Must Not Be Made the Scapegoat”
In the War on Cash, a rare defense of physical money by an ECB Board Member… Read More “Cash Must Not Be Made the Scapegoat”
The Central Bank Narrative Has Collapsed…Here’s What Happens Now
Policymakers are only now admitting that their role has moved into a new, unexpected realm, with potentially huge implications for the global financial system… Read More The Central Bank Narrative Has Collapsed…Here’s What Happens Now
