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4 mins read
This tiny country says it will give $500 to every adult as an Exxon oil boom supercharges its economy
Guyana, the world's fastest-growing economy after a huge Exxon discovery, is tapping its oil wealth…
Theron Mohamed
3 mins read
78 pc of consumers choose digital banking over cash transactions
Nearly 80 per cent of financial institutions have seen an increase in cashless transactions over th…
ANI
2 mins read
Zomato announces new feature for cash on delivery orders and it can help solve a huge problem
Zomato has introduced a feature to address the inconvenience of finding exact change for cash on de…
7 mins read
Millennials are hoarding cash. That could hurt them in the long run.
Millennials are holding onto a lot of cash instead of investing that money in the stock market. Tha…
Callie Cox
1 min read
Man orders iPhone with COD option, kills delivery boy after receiving it
A 30-year-old delivery man in Lucknow was allegedly killed by a customer and accomplice while deliv…
PTI
2 mins read
UPI Lite wallet limit and transaction limits for feature phone users increased
The Reserve Bank on Wednesday announced the increase of the UPI Lite wallet limit to ₹5,000 and per…
6 mins read
The basic income myth: cash discourages work
Guaranteed basic income critics often argue cash discourages work. Experts and participants say tha…
Allie Kelly
2 mins read
India's non-cash payments on e-commerce platforms surge to 58.1% in 2023
India has made rapid strides in terms of alternative payment share for e-commerce payments in the A…
ANI
3 mins read
A $2.30-a-day basic income trial is trying to save the Amazon rainforest
Universal basic income is usually aimed at social or economic benefits. But a $2.30-a-day trial in …
Mia Jankowicz
2 mins read
You can let your family members use your UPI account for payments, RBI introduces delegate payments
The Reserve Bank of India announced a new feature called delegated payments, enabling users to auth…
3 mins read
Texas lawsuits keep challenging guaranteed basic income programs, calling no-strings-attached cash 'unconstitutional'
Texas Attorney General Ken Paxton filed a lawsuit to block a Houston-area guaranteed basic income p…
Allie Kelly
5 mins read
Countries from Russia to China are building payments systems that could threaten the dollar's global dominance
Cryptocurrencies, SWIFT alternatives, and even the barter system could reshape global payments amid…
Huileng Tan
2 mins read
Customers at several small-sized banks affected as tech provider C-Edge suffers ransomware attack
The issues are being faced for the last two days after the discovery of a breach of the system…
PTI
2 mins read
What has changed for your credit cards, starting today?
Starting today, RBIs new rules mandate that all credit card transactions in the country be processe…
3 mins read
A real-estate investor says he's cracked the code to producing 'at least $1,000 of positive cash flow every month,' but his rent-by-the-room strategy isn't for everyone
One Seattle-based real estate investor describes his strategy: "Buy the biggest house you can and f…
Kathleen Elkins
7 mins read
Over 100 basic-income pilots have run in US cities. Now states are getting creative to fund no-strings-attached cash payments.
The success of over 100 local GBI pilots in the US provides insight into future state-level policy.
Allie Kelly
1 min read
A cash-strapped region of Argentina has created its own currency amid the country's economic struggles
La Rioja made its own currency to boost the local economy after the national government cut cash tr…
Kelly Cloonan
2 mins read
'Shark Tank' star Kevin O'Leary happily gives cash to help relatives — but they can never ask him again.
Celebrity investor Kevin O'Leary gives cash to family instead of loaning it, but bans them from eve…
Theron Mohamed
3 mins read
I'm a multimillionaire, but I'm not leaving my kids any cash inheritance. I think it would be a mistake to make them wealthy.
George Appling is a multimillionaire and doesn't plan to leave his kids a cash inheritance. He'll e…
Kelly Burch
2 mins read
My company is like my daughter... it was an emotional setback: Paytm founder Vijay Shekhar Sharma
Speaking at the 7th JIIF Foundation day, Sharma was asked about Reserve Bank of India (RBI's) actio…