Business

Is the digital dollar coming soon?

The United States is considering issuing a digital dollar, which would be backed by the nation's central bank and could help reinforce the U.S. role as a leader in the world financial system. Several financial institutions, ...

Internet

Payment startups big winners of e-commerce boom

They were little known before the pandemic, but startups in the flourishing digital payment industry are now worth a fortune as COVID-19 has forced people to increasingly embrace e-commerce.

Business

In high-tech Japan, cash is still king

Once a pioneer in cashless transactions, Japan is now lagging behind as the world's biggest economies increasingly embrace electronic payments—because its ageing population still prefers physical money.