Prof. Dr. Jens Kleine is Professor of Financial Services at Steinbeis Hochschule Berlin While most people regularly think about their personal finances, not many give a second thought about the cash that sits in their pocket. My colleagues and I at the Research Centre for Financial Services at Steinbeis University, Berlin, looked into the cost …
Read More

Vrinda Kadiyali is the Nicholas H. Noyes Professor of Management and Professor of Marketing and Economics at the Samuel Curtis Johnson Graduate School of Management at Cornell University. We at Johnson at Cornell University are hosting the CEO of MasterCard Ajay Banga for a conversation on “A world beyond cash.”  I will serve as the moderator …
Read More

People are starting to learn about the cost of cash – to make, secure and destroy it.  There are also social costs in the way that it excludes people from the financial mainstream.  In this edition of Morning Brew, we talk about the range of benefits of e-Commerce: from simple convenience to financial inclusion.  Plus, …
Read More

Countries around the world are embracing electronic payments as they realize what the cost of cash really is.  Ann Cairns, president international markets, talks to the Morning Brew about how that resonates in the Asia-Pacific region.  And Time’s Josh Sanburn puts together a video report on the cost of cash.  Meanwhile, merchants can now charge “checkout fees” when consumers pay with …
Read More

Producing pennies cost the US $60M in 2011. TIME Explains: Is the Penny Dead?