Dee Hock, Credit Card Visionary, Is Dead at 93
As chief executive of Visa, he transformed a struggling company into a global powerhouse and the world’s leading credit card network.
Source: nytimes.com
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A money evolution | World Finance
In March 2020, reports claimed the World Health Organisation (WHO) had warned against using cash amid fears it could be spreading coronavirus. The WHO later pushed back on the claim, declaring it had never issued any official warnings – but it wasn’t the only whisperings of ‘dirty cash.’ China had already begun sterilising money in February out of hygiene concerns, and in March the US Federal Reserve started quarantining dollars from Asia, begging an important question: how clean was cash? In response, retailers across the world began putting more emphasis on cashless transactions,...
Source: worldfinance.com