Tag Archives: decline of cash

Cash Used to Be King — Now?

Cash used to be king — now? As reported by the Federal Reserve Bank of San Francisco (FRBSF), in 2012, cash represented 40 percent of U.S. consumer spending. By 2016, this figure had fallen to 31 percent. Furthermore: “Most consumer … Continue reading

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The Death of Cash?

The title of this post is pretty provocative, especially in light of the ongoing fee battle between retailers and credit card companies. But, this is the subject of a major story in Fortune. As Miguel Helft writes: “Tech giants – and … Continue reading

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