A dormant ‘cash mountain’ marks a nadir for London’s contactless travel card, but trouble has been brewing for some time.
- Professor of FinTech History and Global Trade, Northumbria University, Newcastle
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This episode is all about bitcoin. Will it be the currency of the future? Who’s trying to capitalise on the legal loopholes of cryptocurrencies? And is it possible to make mining them more green.
It all began with a newfangled bank machine in Enfield.
The evidence that €500 notes are used by criminals are strong. But there is no guarantee that scrapping them will crack down on illegal activity.
Do innovations like PayPal, Square, Apple Pay and Bitcoin spell the end of cash? How different countries are adopting new forms of financial tech.
Devices we keep in our pockets can now do most of the functions once the dominion of the automated teller machine – or banker – but it may be premature to pronounce the end of the ATM.
Zimbabwe dollars are being decommissioned at a rate of 35 quadrillion per US dollar, with eight alternative currencies to choose from.
An 11% reduction in the number of ATMs in Chile has been a nightmare for the majority of the country’s citizens.
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