Mastercard Pushes Biometrics, Banks Follow
Mastercard and other financial services providers are aggressively promoting biometrics. Where are the vaunted EU privacy regulators?
Read more...Category Archives: Payment system
Does Bitcoin Have a Future?
Lambert here: Prosecution futures, as Yves has always said. By Marshall Auerback, a market analyst and Research Associate at the Levy Institute. Originally published at Alternet. Is the bitcoin craze another in a series of history’s most infamous bubbles, or is it a genuine harbinger of a new global financial architecture? In spite of recent […]
Read more...Meltdown and Spectre: Intel’s Seismic IT Disaster and A Look at Some Implication for Banks
A first look at the epic IT disaster of the Meltdown and Spectre “flaws”.
Read more...The Year in Money
A review of money issues…and mainly not bitcoin.
Read more...Crowdfunding Christmas: Time to Boycott It’s a Wonderful Life
How It’s a Wonderful Life sentamentalizes and reinforces the misguided policy idea that money is scarce and a private good.
Read more...The Bitcoin Bubble
As bitcoin has become a mania, it is also becoming a risk to the real economy.
Read more...Don Quijones: A New Stealth Attack in EU’s “War on Cash”
The definition of cash widens.
Read more...Monetary Mental Illness
Puzzling over why more people don’t embrace Modern Monetary Theory.
Read more...Is Bitcoin A Speculative Bubble?
Do Bitcoin and other cryptocurrencies have fundamental value?
Read more...The Cash Comeback: Evidence and Possible Explanations
Contrary to technologist hype, demand for cash across advanced economies has been rising.
Read more...Remember, Remember the Eighth of November: India’s War on Cash Assessed One Year Later
One year after India launched its demonetization debacle, the economy remains cash based, and Modi has yet to pay politically.
Read more...India’s Demonetization Experiment Fails to Demonetize: Cash Comes Full Circle
Cash withdrawals from Indian ATM machines are nearly back to the level of just before Modi’s demonetization shock.
Read more...The Great Italian Money Experiment
Italy has taken a step towards issuing a new currency in the form of tax credits. Will it make it more money-like by making it more tradable?
Read more...Cryptos Fear Credit
Cryptocurrency fans have a perverse and badly misinformed loathing of the role of credit in payments and money systems.
Read more...Don Quijones: ECB Tightens Noose Around Bank Accounts
ECB moves to lock up the money of unsuspecting depositors to prop up collapsing banks.
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