cashless

A cashless society describes an economic state whereby financial transactions are not conducted with money in the form of physical banknotes or coins, but rather through the transfer of digital information between the transacting parties.

Source: en.wikipedia.org

UK Relaxes ‘Land-Based Gambling’ Rules as Online Betting Grows
UK Relaxes ‘Land-Based Gambling’ Rules as Online Betting Grows
May 16, 2024  |  Regulation

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...

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

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...

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

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...

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

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...

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

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...

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Aeropay Helps Software Maker Dispense Offer Cashless Cannabis Payments
Aeropay Helps Software Maker Dispense Offer Cashless Cannabis Payments
August 24, 2022  |  Digital Payments

Cannabis industry payments firm Aeropay has joined forces with Dispense, maker of cannabis eCommerce and dispensary management software. Integrating Aeropay’s platform with Dispense’s software solves...

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As ‘Cashless Society’ Emerges, Businesses Need to Prepare Now to Meet Security Demands
As ‘Cashless Society’ Emerges, Businesses Need to Prepare Now to Meet Security Demands
November 11, 2021  |  Safety and Security

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...

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Tesco Announces Frictionless Checkout Store as Brick-and-Mortar Grocers Tap Self-Service
Tesco Announces Frictionless Checkout Store as Brick-and-Mortar Grocers Tap Self-Service
October 19, 2021  |  Retail

Amazon’s hold on the frictionless checkout space is weakening. On Monday (Oct. 18), Tesco, the largest grocery chain in the United Kingdom by market share...

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Necessity Is the Mother of Innovation in UK’s Vending Machine Sector
Necessity Is the Mother of Innovation in UK’s Vending Machine Sector
October 05, 2021  |  Unattended Retail

The well-known proverb — necessity is the mother of invention, or in this case, “innovation” — has been the North Star guiding businesses as they...

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