During the 70-year reign of Queen Elizabeth II, the currency that bears her face has ridden the ups and downs of the British economy, its crises and depressions, as well as its triumphs and jubilations. Of course, for many Brits, transacting in the coins and...
With almost everyone who is anyone in payments declaring war on cash these days, one might reasonably expect the paper currency’s days as a dominant or even important payment vehicle would be as good as numbered. Cash, we often hear, is inefficient, insecure, inextricably linked...
September 06, 2017
With almost everyone who is anyone in payments declaring war on cash these days, one might reasonably expect the paper currency’s days as a dominant or even important payment vehicle would be as good as numbered. Cash, we often hear, is inefficient, insecure, inextricably linked to crime, literally unsanitary, uninformative and ready to go the […]
February 05, 2023
Nigeria’s switchover to new paper currency has grown more chaotic. ATMs in Africa’s largest economy have run out of new notes, Bloomberg News reported Saturday (Feb. 4), ahead of a deadline that will ban high-value currency. According to the report, hundreds of people were left stranded at a busy marketplace in Lagos, the largest city […]
