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Report

Future of Money

Mar, 2019
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Summary

More than eight million UK adults (17 per cent of the population) would not cope in a cashless society, but with payment systems increasingly moving away from traditional money, what are the alternatives? The Future of Money special report, published in The Times, covers the tensions between traditional banks and fintechs over financial inclusion and SME lending and asks experts for their predictions for the future. It explores the pros and cons of digital fiat money, the current questions over cryptosecurity and how Brexit could undermine anti-money laundering initiatives. Also featured is an infographic on how consumer caution is holding us back from going fully cashless

Infographic

The promise of a cashless society is being impeded by customer caution. What are the main barriers that need to be overcome before individuals in the UK are ready to welcome the cashless age?