Creating a truly cashless society
Why we need open banking to get payments networks up to scratch.
Cash
Bank of England apologises for role of former governors linked to slave trade
British taxpayers have been paying off slave owners from 1833 to 2015.
In a micro-app modern world, micro-differentiation matters
The best solutions are those that intertwine physical and digital channels.
Banking Technology May 2020 issue out now
Hope springs eternal: discovering alternative lending in times of crisis.
What the Fintech? Episode 4 | Partnerships: till death do us part
Sean Hunter CIO at OakNorth, offers his advice to companies struggling to make a partnership work.
Banking Technology April 2020 issue out now
All things equal: Closing the gender gap in fintech.
Video: Top fintech stories this week – 27 March 2020
FinTech Futures’ weekly news round-up.
The trade in human beings: How financial institutions and tech can have an impact
Banks in particular can do a lot to curb sex trafficking.
Video: Top fintech stories this week – 03 February 2020
FinTech Future’s weekly news round-up.
Video: Top fintech stories this week – 24 January 2020
FinTech Future’s weekly news round-up.
Three old-school self-service strategies to ditch – and what to do instead
The ATM is the only channel that provides cash access anytime, anywhere. Take advantage of its huge potential!
A banker goes a-banking, volume 2: paper for the stone ages
So I had to go to the bank today. And the day’s surprises began.
Walmart and PayPal join forces for cash transactions
First time for PayPal to transact in cash, but each cash transaction is priced at a flat, $3 service fee.
Fiserv and InComm partner for cash billpay
Customers can pay their bills using cash. Whatever next.
Banking – it’s a safe bet branch banking no longer need safes!
There’ll come a time when carrying cash into the bank will be cause for a mild-panic attack for branch office tellers.
Pocket money embraces the digital age
For the children of today, new payments technology is triggering a revolution in pocket money.
doxo and Coinstar to facilitate cash payments for underbanked
There are 34 million unbanked or underbanked households across the US.
Bring on the money drones
Following testing by Russia’s largest bank, Sberbank, to deliver cash to clients using a custom-made drone, the arrival of more frequent cash deliveries by drones look to be just around the corner, with reports suggesting as early as the end of 2017.
US chip and PIN card roll-out – let’s shorten the time to process; where do I sign!
From a technology perspective, the family home has decided to rush headlong into the 21st century. When our home was built we thought we were being extremely progressive in having a Panasonic “4 lines, 10 extensions, PBX” installed with separate lines for my wife and myself and then a line for business and yes, one dedicated line for the fax machine. Cool… but fast forward a decade and a half and with the home up for sale, we were politely advised to take out all those handsets and close the door on the PBX.
All that glitters isn’t just our clothes!
When I first started travelling for my job, it wasn’t too afield. I was working in Australia so it involved trips to New Zealand, Singapore and not much more. However, in only a few years, my travel grew to where it became routine to visit the US, Germany and the UK, but with the aircraft […]
With the acceleration of time, will we run out of cash?
“Youth is wasted on the young,” so said George Bernard Shaw. Only recently I read that this wasn’t exactly the quote he gave. To the question of what is the most beautiful thing, the Irishman responded: “Youth is the most beautiful thing in this world—and what a pity that it has to be wasted on […]
Cash continues as the only option – but hold the phone, don’t you recognise me?
As I waited today for the barista to fill my coffee order I picked up the local newspaper; jumping right off the page was the headline, “9 Businesses that are still cash only”! (This was a reference to an article by Laura Woods on the Go Banking Rates website on 2 April 2016.) Of course, […]
Cash is still king but “uneasy lies the head that wears a crown!”
Even as I am prepping for my next industry event, observations from the last conference I attended continue to permeate my thoughts. The ATMIA US Conference that was held in New Orleans only recently and yet, three items continue to have me thinking about the durability, indeed longevity, of some of the points raised. In […]
What will the future of money look like?
Cash payments are in decline – mobile payments are on the rise (thank you, Apple Pay, Google’s Android Pay and Samsung Pay). This nifty infographics sums up the ideas on what the future of money might look like. The infographics is courtesy of the MBNA credit card company (owned by Bank of America) and its […]
The changing face of payments
The Payments Council’s latest report, The Way We Pay, shows rapid changes in use of payment methods over the past decade – but cash is still in the mix.
War on Cash making slow progress in Europe
While card payments continue to grow – up by 10% in 2011 – the use of cash is still growing “at a more than healthy pace”, says the latest edition of the European Payment Cards Yearbook. The use of cards to withdraw cash at automated teller machines was also up – with 17.3% more ATMs issuing 2% more cash during the year.
Osborne drags UK financial system kicking and screaming into 12th Century
Just a day after Osborne vowed to drag the UK payments systems into the 21st century by, er, improving cheque clearing times, a ceremony dating back to the 12th century was getting underway in the City of London.
