Across the US, access to physical stores has been substantially disrupted in 2020. During the first half of the year, many states asked stores to close in order to reduce the spread of COVID-19,
The unemployment rate skyrocketed above 14% in April 2020 as businesses were forced to close to comply with government social distancing regulations, and is yet to fall to pre-pandemic levels. And
The growth of alternative payment methods to cash for in-person transactions, from contactless cards to mobile wallets such as Apple Pay and Google Pay, means that the role of cash in the payments
In April 2020, the rate of U.S. unemployment shot up above 14% as businesses were forced to close due to government social distancing regulations, and although the economic recovery is ongoing
In previous articles we have discussed issues relating to financial inclusion, and the reliance many consumers still have on cash as their primary source of payment. For these consumers who are
Nothing beats cash, even online Consumer appetite for new payment methods will lead to the increasing significance of cash-based payment options in eCommerce. Because Europeans are convinced of
A typical household is around $155,622 in debt. Meanwhile, incomes have shrunk by 3%, while the cost of living has risen by more than 8%. But if the state of the economy is making it
Financial services firms are investing ever more time, effort, and money into building user-friendly apps with convenient and eye-catching digital features. While most of us might welcome greater
Neobanks were modern service providers built for the 21st century: digital-first companies with fast onboarding and superior user experiences, but no physical presence by design. By contrast,
In 2019, 90% of remittances still left the sender as cash and reached the recipient as cash, mainly because a significant percentage of the global population remain unbanked. This means they do not