Tag: cash

Financial Services, Industries

Mastercard Posts Earnings Beat but Travel Downturn Hits Revenue

October 28, 2020

Via: TheStreet

Mastercard (MA) – Get Report on Wednesday posted better-than-expected third-quarter earnings as consumers continued to pivot away from cash and toward plastic for both online and in-person transactions, though a drop in travel and leisure activity due to the pandemic […]

Financial Services, Industries

Disappearing cash scares consumers in COVID-19 era

July 2, 2020


A social media storm kicked up late Saturday and Sunday as Chase banking customers panicked when it seemed as if money suddenly vanished from their bank accounts. Some consumers who expected to be paid Friday via direct deposit claimed during […]

Industries, Retail & Wholesale

Amazon teams with CoinStar, expands program that lets users pay with cash

May 16, 2018


Internet retail has been largely for people who pay with credit or debit cards. Few, if any, websites offer “cash on delivery” options which were common with late-night TV product offers in the 1980s and few offer any option to […]


The Federal Government Is Starting to Cash In Millions of Seized Bitcoin

December 15, 2017

Via: Fortune

The U.S. government wants to get out of the Bitcoin bubble before it bursts. A federal judge in Utah has given federal authorities permission to sell its cache of seized Bitcoins, which have a current value of over $9 million. […]

Finance Tech, Liquidity

Cash is way more popular than stocks or bonds

February 5, 2016

Via: CNN

When investors are nervous, they flee risky assets like stocks for the safety of cash. That’s exactly what’s been happening lately. Since July 1, cash and money market funds have easily been the world’s most popular asset class, attracting $208 […]