Cashless Economy
Australia discovers the problems of a cashless society Cashlees society: low income Canadians are left behind UK Government must protect the most vulnerable against cashless society Despite Government attacks, cash is still king in India "This shift to all-digital upends the foundation of our economy and creates unintended consequences for consumers." Frank Sorrentino, CEO of ConnectOne Bank One of Asia’s Largest Cryptocurrency Exchange Hacked What Really Lies Behind Sweden's Cashless Crusade A New Bill in Washington D.C. Would Bar Local Restaurants From Refusing Cash Going Cashless Can Be Dangerous, Malaysian President of the Consumers Association Warns In Germany, the cashless economy raises concerns about trust and privacy
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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.

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Banking Security

Going cashless causes misery

Covid will not kill cash

Why cash has a bright future

Australia discovers the problems of a cashless society

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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...

Cashless transactions are a burden for small businesses

Cashless transactions are a burden for small businesses
OPINION: Reductions in transaction fees paid to banks and credit card companies would help save brick and mortar Canadian businesses, which are facing many new expenses and significant lost revenue due to the pandemic. Over the course of the last few months, businesses in every sector have been...

Coronavirus: banknotes no worse than other objects

Coronavirus: banknotes no worse than other objects
There has been a surprising emphasis placed on the role of banknotes in the spread of the coronavirus. As the pandemic only intensifies, it has become clear that there are a great many other objects and surfaces on which the virus can survive — and we cannot seem to stop touching them. Excessive...
Academic Research

Cash still rules and will remain

Ecology: The Carbon Footprint of the New Means of Payment

Children, education and the ethical issue in a cashless society

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.

The cashless society from an ethical point of view

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The debate

The US is not a land for cashless

The US is not a land for cashless
There’s a reason they say cash is king. Commodity money—physical objects like coins and paper bills...

Going cashless causes misery

Going cashless causes misery
Cashless payment methods assume that an individual has access to a bank account, digital wallet,...

Covid will not kill cash

Covid will not kill cash
Don’t touch. That’s the message to and from every corner of the UK, even as lockdown continues to...

Abolition of cash would be a big mistake

Abolition of cash would be a big mistake
Attention to the total abolition of cash: here is the scenario you would not expect. That is,...

Why cash has a bright future

Why cash has a bright future
This question has become a hot topic in our society for the last decade, and there is a reason to...

Cashless benefited from COVID-19 but cash is still king

Cashless benefited from COVID-19 but cash is still king
A new report from financial tech company Square shows that cashless payments rose significantly...

Rural areas suffer from cashless

Rural areas suffer from cashless
Sweden warns that the elderly and disabled, as well as those in rural communities, were left behind...

COVID-19, lobbying... Cash will remain despite all

COVID-19, lobbying... Cash will remain despite all
As the coronavirus lockdown restrictions are gradually eased across the UK, questions are being...

Big Brother enjoys COVID-19 and cashless payments

Big Brother enjoys COVID-19 and cashless payments
Never let a good crisis go to waste, the old saying goes, and we can see that clearly with...

Cash is more appealing than ever in Australia

Cash is more appealing than ever in Australia
Australians weren’t just stockpiling toilet paper during the COVID-19 crisis – they have also been...
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.
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