Is the Coronavirus Killing Off Cash?
Tech firms see the opportunity they’ve been waiting for as shoppers and business recoil from paper money. Who’s hurt when legal tender goes away?
Contactless Payments Skyrocket Amid Coronavirus Worries Over Handling Cash
Use of contactless mobile payments — services that once struggled to catch on in the U.S. — is surging as people come to see their phones as the safer way to pay.
Fintech And Coronavirus: US Stimulus Payments Boosted Mobile Banking Registrations 200 Percent
Consumer use of mobile finance, banking and insurance apps jumped 71 percent in 2019. In 2020, however, they’ve gone from nice-to-have to essential.
Grameen America Launches Economic Relief and Recovery Fund for Low-Income, Women Small Business Owners in the Wake of COVID-19
Grameen America announced the launch of Grameen America Economic Relief and Recovery Fund, with the goal of raising $72 million to provide essential capital and support to the low-income women entrepreneurs.
More U.S. Banks, Credit Unions Given Remittance Fee Exemptions
More U.S. banks and credit unions will be allowed to estimate the international remittance fees they charge consumers in instances when it may be too expensive to provide exact figures under a new rule issued on Monday.re
Designing Municipal Cash Transfer Programs to Mitigate the Economic Impact of COVID-19
Analyzing public, private, and nonprofit-led responses to the coronavirus through direct cash assistance
Publisher: Center for Financial Inclusion at Accion
Protecting Beneficiary Data
Guidance for municipal cash transfer programs responding to COVID-19
Publisher: Center for Financial Inclusion at Accion
Consumer Preferences and the Use of Cash: Evidence from the Diary of Consumer Payments Choice
Publisher: Federal Reserve Bank of San Francisco