The benefits of a cashless society

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Mehul Desai, Group Chief Technology Officer, Finablr The first recognisable coins were produced in China more than 3,000 years ago. If you visit China today, however, there’s a strong chance you’ll see people paying for things using facial […]

Why Sweden’s cashless society is no longer a utopia

This article is brought to you thanks to the strategic cooperation of The European Sting with the World Economic Forum. Author: Cecilia Skingsley, Deputy Governor, Central Bank of Sweden (Sveriges Riksbank) The Swedish retail payment market is rapidly moving away from using cash. The outstanding value of cash in circulation has dropped to 1% of Swedish GDP. This development […]