"How Business is Cashing in on Going Cashless "
Over the past year, conversations around the potential demise of cash in society have become more frequent in my circles, particularly among those in rural communities. The perspectives vary—some people appreciate the freedom of cash, while others raise concerns about exclusion, surveillance, and control in a cashless society.
My own initial stance was pragmatic. The convenience of digital transactions seemed obvious, especially as technologies like PayPal, cryptocurrency, and smartphone banking make handling physical cash feel almost quaint. However, Fintech Wars expanded my understanding of this transition, revealing both the industry’s current momentum and its underlying complexities.
Certainly not a guide ‘for dummies’, Fintech Wars examines the rapid evolution of financial technology and those companies that are reshaping how we manage and think about money. The author invites readers into the worlds of some of the most celebrated fintech innovators—Nubank, Venmo, PayPal, Monzo—and the founders whose visions turned them into household names. Well, in some households.
The book shines when recounting these success stories and capturing the thrill of fintech’s high-stakes world, ideal for a business-oriented reader or student of the topic. Fintech’s promise is not just about local convenience but about expanding who gets to participate in the global economy. In this way, the book left me pondering whether fintech will remain a powerful tool in the hands of the few or, with time, make the world any better.
Fintech Wars is an absorbing read, especially suited to a contactless airport purchase.
| Primary Genre | Business and Management |
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