Worldcrunch
Like the rest of us, street hustlers are adjusting to pandemic conditions. In Laval, a small city in western France, a young man who might have otherwise been taking passersby for a ride with Three-Card Monte or Find The Lady tricks, concocted a COVID-inspired scam for easy money. The Ouest France daily reports that the […]
Cash use is declining, but don’t expect it to disappear. Still, there is another popular payment method that could in fact go the way of the dodo, a Deutsche Bank strategist argues.
BEIJING — Two events this spring, seemingly unrelated, together offer a snapshot of where China has arrived in finance-related technology, commonly referred to as “fintech.” On April 17, the Bank of Communications, one of the largest Chinese banks, launched a new “mobile credit card” product, making it the first bank to make a credit card’s […]