Money & Payments

The concept of the biometric payment card is no longer a novelty, but rather a pressing reality.

It’s a fairly well-known fact that cash is no longer king. In fact, research suggests it hasn’t been king for quite some time, as more and more people are now choosing to use either debit or credit cards to make purchases.

For hundreds of years, banks have been following a simple yet effective business model – they take money in from depositors and lend it out to borrowers. Despite public consensus, there is nothing more complex than that.

While moving towards the end of 2019, it is hard to ignore how consumer payments have changed over the past few years.

Have you ever wondered what would happen if Britain were to become completely cashless?