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
Category: War on Cash
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
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
