Category Archives: Money & Financial Services

Digital cash – nothing to see

Here’s a link to the PDF of my 2012 map. Regarding Europe, which features heavily towards the centre of the map, I had an interesting chat with Anthony Hilton from the Evening Standard the other night about the European situation. … Continue reading

Posted in Debt, Digital culture, Money & Financial Services | Leave a comment

Future of eMoney

Do you know anything about this? Do you fancy a trip to Moscow? I can’t do it so I’m looking for someone that can. If you are interested get in touch. Date is middle of November. Other news. Interesting lunch … Continue reading

Posted in Money & Financial Services | 2 Comments

The Future of Money (in a phone near you soon).

In Australia you can buy a shirt with a built-in sun protection factor of SPF 30+ In the US Burton is selling a snowboarding jacket with a built in MP3 player (removable for easy washing), whilst in Singapore researchers have … Continue reading

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The Future of Money

Like predictions about the paperless office, forecasts about a cashless society have been around for a while. For example, six years ago AC Nielsen said that only 10% of transactions in the US would be cash by the year 2020. … Continue reading

Posted in Money & Financial Services | 3 Comments

Boring is the new exciting

Takeaway from lunch with my mate Steve who works in funds management. According to Steve greed and stupidity are back. “So what’s changed?” I said. “Trust has evaporated” said Steve. Consequences? Possibly that the demand for simplicity with increase, as … Continue reading

Posted in 2010 Trends, Money & Financial Services | Leave a comment

The Death of Cash

Some time ago I wrote about a Nielsen prediction that 90% of financial transactions would be cashless (digital) by the year 2020. Judging by the chart above it looks like they were on the money. So what’s next? I’d expect … Continue reading

Posted in Graphs, Money & Financial Services | 2 Comments

Quote of the month

“I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that … Continue reading

Posted in Economy, Money & Financial Services, Random thoughts | 1 Comment

Cheques R.I.P.

The use of cheques fell by 50% in Australia between 1998 and 2003. At this rate the humble cheque book will disappear sometime early in 2020.

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Digital money

According to AC Nielsen, 90% of transactions in the US will be cashless by the year 2020. PayPal had 63 million accounts last time I looked, which makes it larger than most national banks,while in Korea during the month of … Continue reading

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Pre-pay and stored value cards

10 million households in the US don’t have bank accounts and many of these use their pay cheques to buy pre-paid credit cards. Around 8.5% of households without bank accounts own pre-paid credit cards but this figure is expected to … Continue reading

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