Dear Subscriber,

The majority of Americans believe that cash will die in their lifetime. That’s according to a new Gallup poll, which found that Americans expect to make most of their payments electronically in the near future. In the lead story we take a closer look at the findings.

Elsewhere in the newsletter, Finleap co-founder and managing partner, Ramin Niroumand, speaks to PaymentEye at Tech Open Air in Berlin about why the studio model suits financial technology businesses, Berlin’s fintech scene and what the future of finance will look like.

To round off the newsletter, we have an infographic that aims to tackle the statistic that 60% of Britons do not know who the famous people are on UK banknotes and takes us through some of the other famous people that used to be on them!

Enjoy!

Nearly two-thirds of Americans believe that cash will die out within their lifetime with payments being made with credit/debit cards and other electronic forms of payments.

At the Tech Open Air conference in Berlin last week, we sat down with Finleap co-founder and managing partner, Ramin Niroumand, to talk about why the studio model suits financial technology businesses, Berlin’s fintech scene and what the future of finance will look like.

Despite using cash, or at the very least seeing it, every single day, 60% of British people still don’t know who the people on the notes are. This infographic seeks to remedy that so you can tell your Charles Darwin from your Adam Smith.

MasterCard is bracing itself for a £19 billion class-action filed for imposing allegedly illegal processing fees that were passed onto shoppers between 1992 and 2008.