Cashless Economy
Cashless India hurts the Economy Will Cash mean anything to new Generations in Gulf Countries? Why Cashless Society has too many drawbacks France refuses Cashless Economy and ensures Access to Cash Going fully Cashless leads to Social Disasters How harmful is India's Cashless Society? Cash or Cashless, that is the Question Why access to cash is so important Banks' strategy leads to cahsless societies Fighting Cashless Economy: What are the options of the US Federal Lawmakers?
Suscribe to the Newsletter
Sections

Money laundering is now digital





Money laundering is now digital
Anti-money laundering service, SmartSearch details the new ways money laundering is taking place in the digital age.

With the rapid advancements in mobile technology and internet accessibility, people can engage with financial institutions 24/7. In fact, 64% (YouGov) of Brits use their smartphone for online banking. This is altering Britain into a cashless society, with a rise in demand for real-time payments and transfers, which means the opportunity for cyberattacks and money laundering is ever more prevalent.

Demonstrating how new-age technology is becoming more of a threat, in a recent landmark case a LocalBitcoins seller was charged with money laundering and is facing up to 20 years in prison.

Read more  



Go Further

Cashless India hurts the Economy - 12/03/2021

Why Cashless Society has too many drawbacks - 11/22/2021

Going fully Cashless leads to Social Disasters - 11/17/2021

Cash or Cashless, that is the Question - 11/05/2021

What is the future of cash? - 10/20/2021

Why turning cashless is not the right answer to South Africa's problems - 10/18/2021

What future for Cash in Ireland? - 08/31/2021

Why Cybersecurity is still too weak in a Cashless Economy - 08/25/2021

Cashless Society as a dangerous step toward the End of Times? - 07/26/2021

Why Cashless Economy is not such a good idea - 07/13/2021

Living in a Cashless Society is not that convenient - 05/03/2021

Being unbanked is spread nightmare in the US - 04/13/2021

Lack of privacy, economic calamity: the threats of a digital dollar - 03/15/2021

Access to cash is getting more complicated - 02/18/2021

The dark sides of cashless payments - 02/10/2021

Covid-19: Using cash is not dangerous - 10/30/2020

Cashless transactions are a burden for small businesses - 05/29/2020

Coronavirus: banknotes no worse than other objects - 04/27/2020

Cash won't disappear in the US - 02/27/2020

Cashless society is not a good solution - 02/10/2020

What would a cashless economy mean for the environment? - 01/29/2020

Good habits for 2020: stop paying cashless - 01/24/2020

Who would be in control of the currency in a cashless society? - 01/30/2019

Why a cashless economy is simply the privatization of digital payments - 01/24/2019

What is the social utility of cash ? - 01/06/2019

Petition: Vote Down the Cashless Welfare Card - 06/04/2018

Petition: the National University of Singapore goes cashless - 06/04/2018

Banking Security

Cashless India hurts the Economy

Will Cash mean anything to new Generations in Gulf Countries?

The future of Cash depends on us

Why Cashless Society has too many drawbacks

Have your say

Cashless India hurts the Economy

Cashless India hurts the Economy
I have been invited to write a comment on the ‘failure’ of the Demonetisation exercise of Prime Minister Modi. True, it was an obvious failure if you judge it by its declared objective of fighting corruption, terrorism funding and tax dodging. Almost all the demonetised banknotes were deposited...

Why Cashless Society has too many drawbacks

Why Cashless Society has too many drawbacks
BUSKERS are back on the streets of Cork city, filling our ears with wonderful music. Beside each of them is usally a wide-brimmed hat or guitar case, into which grateful patrons can drop a few coins to support the musicians. Well, that’s if they have coins or physical money in their wallets and...

Going fully Cashless leads to Social Disasters

Going fully Cashless leads to Social Disasters
When I worked at the Strand, New York’s biggest bookstore, our internet would often go down, making things very inconvenient. After all, a lost connection meant that the credit card machines ceased to work. “We can take cash!” I and other cashiers would holler at our long lines of customers, but...
Academic Research

Are Pro-Cashless Studies Reliable?

The Chinese digital currency as a threat to Freedom

Counting cash is part of the Learning Experience for Children

The cashless society from an ethical point of view

The debate about the move towards a cashless society has been at the center of the scene for several years, now. Various angles have been taken by economists, politicians, banking institutions and sociologists. Beyond the technicalities of the debate, lies the question of freedom, of inter-citizen solidarity and of governmental responsibility. The debate cannot remain in the hands of financial specialists, it is first and foremost an ethical, political and societal issue.


Read more...
Advanced search
Newsletter subscription
Top Ten Things To Know

The debate

Cashless Lobbying is still very active

Cashless Lobbying is still very active
The International Monetary Fund, the US Treasury, billionaire Bill Gates and major financial...

Cash is a friend of Economic recovery

Cash is a friend of Economic recovery
The world could see truly cashless economies within the next five years, according to some...

The future of Cash depends on us

The future of Cash depends on us
The huge surge in digital transactions during the Covid pandemic has renewed speculation about the...

Mass Surveillance: why China is promoting Cashless Economy

Mass Surveillance: why China is promoting Cashless Economy
China has been developing its Digital Currency Electronic Payment (DCEP), in other words, the...

Cashless Payments and the end of Privacy

Cashless Payments and the end of Privacy
The tech world includes many players, but is dominated by just a few. “GAFAM” is the acronym used...

Cashless is not Harmless: The Floridian example

Cashless is not Harmless: The Floridian example
In an effort to combat going cashless in Florida, Rep. Matt Willhite filed HB 233, or the...

China promotes cashless at the expense of privacy

China promotes cashless at the expense of privacy
China is pushing for its digital yuan to be more widely distributed and for consumers to have more...

Why Cashless is not the solution to all problems

Why Cashless is not the solution to all problems
As governments around the world redesign the financial sector with new infrastructure and digital...

The State of Florida wants to Protect Cash for an Inclusive Economy

The State of Florida wants to Protect Cash for an Inclusive Economy
Stores throughout Florida have many options when it comes to getting paid, from cash, credit, debit...

Why protecting Cash is still so Important

Why protecting Cash is still so Important
Most people will have found they are using cash less these days. We now tap our card, even for...
The website "Cashless Economy" (cashless-economy.com) is edited by individuals and civil society groups fully committed to defending privacy and civil liberties against abuse and the risks inherent in a cashless society.
Sitemap | RSS Syndication