Cashless news and trends

Mastercard and Qashio Team to Promote Cashless Spend Management
Partnerships // August 21, 2023

Mastercard has launched a credit card partnership with Dubai-based FinTech Qashio. The collaboration will help Qashio introduce corporate credit cards and enable them with virtual issuance capabilities, according to a Monday (Aug. 21) press release. The goal is to promote cashless, flexible expense management for corporates. “In line...

B2B Payments Suffer as Nigeria Promotes Cashless Economy
B2B Payments // April 27, 2023

The move to ban cash withdrawals from government accounts in Nigeria in an attempt to digitize its economy has been a “massive hindrance” to the growth of business-to-business (B2B) payments in the country, says Yele Oyekola, CEO and co-founder at Lagos-based B2B FinTech firm Duplo....

No Cash Equals No Bank Robberies in Denmark
Cash // January 04, 2023

Denmark recorded zero bank robberies in 2022 as it continued moving towards a cashless economy. Robbers in the Scandinavian country have moved away from bank hold-ups, as banks have improved security and cut back on cash services at their branches in response to a decline...

Temenos Helps Vietnam’s Sacombank Go Cashless
Digital-First Banking // November 10, 2022

Digital banking platform Temenos says it is working with Vietnam’s Sacombank to offer the bank’s 15 million customers “a seamless omnichannel experience.” Sacombank will use Temenos’s Infinity product to capture a “comprehensive 360-degree customer view, helping Sacombank to acquire, service, retain and cross-sell to customers,...

Interviews & Exclusives
As ‘Cashless Society’ Emerges, Businesses Need to Prepare Now to Meet Security Demands

November 11, 2021
The adoption of digital transactions has skyrocketed since the beginning of the pandemic, alongside a commensurate decrease in the use of cash, causing many to ponder the future fate of fiat currency. “We were all kind of growing digital, we just had an event that accelerated that to the next level — and at this […]

What It Takes To Get Consumers (And Merchants) To Go Cashless, Contactless – And PIN-less

May 06, 2020
The appeal of contactless payments has skyrocketed since the pandemic hit across the globe. Payment network giants such as Visa and Mastercard said in their most recent earnings reports that contactless...

Africa’s Quiet Cashless Payments Revolution

January 01, 2020
While one might assume that a payments revolution would be a hard thing to miss, as it turns out, it can happen. It all depends on how closely the world...

The Cashier-less Grocery Store Experience

December 01, 2017
Timing is everything, as the saying goes. It’s also the story of a startup named Poly, and its visual identification software, says its CEO, Alberto Rizzoli. Two years ago, Rizzoli began developing an AI...

Quick Reads
UK Relaxes ‘Land-Based Gambling’ Rules as Online Betting Grows

May 16, 2024
The British government is loosening its rules for brick-and-mortar betting businesses as online gambling grows. The U.K.’s Department for Culture, Media and Sport issued a report Thursday (May 16) that would allow for cashless payments on gaming machines in places like casinos, arcades and bingo halls, while introducing an age limit of 18 for these machines. The rules would allow establishments to […]

Mastercard and Qashio Team to Promote Cashless Spend Management

August 21, 2023
Mastercard has launched a credit card partnership with Dubai-based FinTech Qashio. The collaboration will help Qashio introduce corporate credit cards and enable them with virtual issuance capabilities, according to a Monday (Aug. 21)...

No Cash Equals No Bank Robberies in Denmark

January 04, 2023
Denmark recorded zero bank robberies in 2022 as it continued moving towards a cashless economy. Robbers in the Scandinavian country have moved away from bank hold-ups, as banks have improved...

Temenos Helps Vietnam’s Sacombank Go Cashless

November 10, 2022
Digital banking platform Temenos says it is working with Vietnam’s Sacombank to offer the bank’s 15 million customers “a seamless omnichannel experience.” Sacombank will use Temenos’s Infinity product to capture...