cashless society

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Towards a cashless society

The march towards a cashless society continues, in part because of public initiatives to combat the financing of terrorism, money laundering and tax evasion, in part because of the spread of new electronic facilities for payment. Many EU countries have already introduced restrictions on payments in cash, as this analysis shows: http://www.europe-consommateurs.eu/fileadmin/.../Limit_for_cash_payments_in_EU.pdf Now Greece is [...]

By | February 24th, 2017|Hot Topics|Comments Off on Towards a cashless society

News of the demise of cash has been greatly exaggerated

Politico - Don’t throw away your wallets yet because good ol’ banknotes and coins are here to stay. That’s the conclusion of a new study by the payments consultancy Agis that looked at the use and demand for cash. With fintech so much in vogue, cash is seen as akin to print newspapers: a rapidly [...]

By | September 18th, 2016|Reading Room|Comments Off on News of the demise of cash has been greatly exaggerated