BPC and Kapronasia's new report finds cashless transactions in APAC will rise by 109% from 2020 to 2025, while global cashless payments will triple by 2030.

Over the last three decades, the manner in which individuals spend and send money has been changing as a direct result of the emergence of new technologies.

More than half of Australians are comfortable with the idea of a completely cashless society, according to new research. 

MYOB did a survey which found that New Zealand could become cashless by 2028.

Xero is hinting at new changes to its bank feeds system that could eliminate all paper application forms, manual checks and accuracy checking.

“It’s much easier for the banks to invest in innovation, than for fintech startups to convince consumers they can keep their money and data safe. It’s really the banks’ game to lose.” 

For small business owners maintaining a decent cash flow is fundamental to staying afloat.

Ten years from now cash and ATMs as we know them could be extinct as the cashless economy becomes well entrenched in everyday life.

The Black Economy Taskforce released the findings from its recent report that it will tackle large cash payments.

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There will be an estimated 400,000 individual transactions across the events in Auckland, Christchurch and Wellington...