Despite the hit, Mitsubishi UFJ Financial Group Inc (MUFG) has continued to forecast a net profit. On Monday, As per a report from the Nikkei, Japan’s MUFG is set to book a charge of around $893.34 million (100 billion yen)… Read More ›
cashless
Digital money in a cashless economy is not safe. Here’s why.
Experts are reacting to the unprecedented rise in cybercrime, to verify whether the promises of furthered security are on the level, in our current world where cash operations have yielded much of their place to e-wallet payments. Despite the appearance… Read More ›
Visa deals with bribing small businesses for a patch of cashless land
It seems Visa has become tired of waiting. After years of slow but steady decline of cash payments, and more years of lobbying to get governments to end the circulation of cash to no avail, Visa has decided to change… Read More ›
Brutal political shifts shake cashless economies around the world
The geopolitics of means is just becoming more real. As countries go cashless, the masses see their economic freedom diminish, their transactions being monitored, tracked and controlled. For most government, the public reason behind getting rid of cash is ‘security’,… Read More ›