Markets

EXCLUSIVE: More than one in 3 Brits are ready to stop using cash

Thirty nine per cent of Brits would be happy to stop using cash in the future. According to exclusive data provided to Business Insider, 17% of British adults “definitively” envision going completely cashless, while a further 22% think it is “likely” to happen at some point in the future. Londoners […]
EXCLUSIVE: More than one in 3 Brits are ready to stop using cash
Tech

How Australia’s move to a cashless society is damaging millennials

An Australian fintech founder claims that the move towards a cashless society is harming consumers, especially millennials who lose track of how much they’re spending. Co-founder of Sydney startup Carrots Money, Jacqueline Park, says not physically handling money makes it too easy to spend excessively. “Things like contactless pay and […]
How Australia’s move to a cashless society is damaging millennials
Markets

India’s attempt to become a cashless society might be over

India’s attempt to go cashless in December has all but failed — which is good news for Transaction Solutions International which owns a 25 per cent share of 14,000 ATMs in the sub-continent. Demand for cash is returning following India’s less-than-successful attempt to convert to a digital economy, says Transaction […]
India’s attempt to become a cashless society might be over