We start the week with a snippet of news from over the Irish Sea. Ireland is probably behind the UK in the adoption of payment apps, but the gap has narrowed. Our friends at Finextra report. “A payments app developed by Ireland’s high street banks to compete with the likes of Revolut has been given […]
The central banks are coming. Further to yesterday’s announcement of more preparatory moves for the Bank of England’s Britcoin, a central bank digital currency (CBDC), there’s more from China. The Chinese are far ahead in the CBDC area, and are actively trialling digital payment systems. Our friends at Crowdfund insider report: China is reportedly expanding […]
Cash usage is fastest declining in the UK compared with the rest of Europe during coronavirus, according to research from Accenture. We’ve posted a blog recently on payment systems and the fast-changing identity requirements 9biometrics, etc) and how this will ultimately change what we think of as money itself (see the piece here). Cash certainly is […]