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Africa Banks on Mobile Payments

Only 28.5% of Africa’s 1.17 billion people have bank accounts and the infrastructure of bank branches and ATMs is sparse. The last 20 years had seen payments in Africa change rapidly along African lines, rather than those of Europe or Asia or elsewhere. While payments in Africa continue to change, it appears that the future is mobile.

Digital Payments - December 22, 2020 midnight

News in Brief

The South China Morning Post has published its first China FinTech report. Mobile payments now account for four out of every five payments and for more than half the value of all non-cash retail payments for consumers and businesses. The report states that China’s massive domestic financial market has an estimated 87% of consumers using FinTech services, a $29 trillion mobile payment market in 2019.

News - December 22, 2020 midnight

US COVID Results in More Cash

David Lott of the Federal Reserve Bank in Atlanta gave an interview to ATM Market Place based on their 2019 consumer survey and some additional surveys carried out this year, as well as their normal cash processing role.

Country Profile - December 22, 2020 midnight

Currency News

Currency News is a unique and comprehensive one-stop source of information covering the specification, design, production, distribution and management in circulation of banknotes and coins, from ‘cradle-to-grave’.

Uncategorized - January 3, 2018 7 a.m.

Coin & Mint News

It is the only news source dedicated specifically to circulating coins, the minting industry and the numismatic community.

Uncategorized - January 1, 2018 midnight