Media contributions
1Media contributions
Title Barriers of Banking and the Cashless society Media name/outlet Blog UoB Country/Territory United Kingdom Date 10/11/20 Description BLOG: The use of a cash machine is not just a matter of finding one it is also about having access to a bank account. In 2015 the Financial Inclusion Commission stated that almost 2 million adults in the UK had no bank account. It is a major social injustice no doubt. But serious consequences lurk within a fully cashless economy, from cash black markets to major power failures, denial-of-service attacks and wars as serious threats to the payments system as we know it. Persons Ann-Christine Frandsen
Keywords
- Bank architecture Barriers Cash