Category: Technology

RBI Recommend Regulatory Sandbox for Fintechs; Cashless Push Gains Traction in India, Hits $2 Trillion in Transaction Value: News Roundup

The Reserve Bank of India recommends a regulatory sandbox for fintechs while the country’s push towards a cashless society gains traction with a surge to $2 trillion in transaction value. The UAE Central Bank also develops a national strategy to facilitate the push towards cashless.

Seattle Starbucks Goes Completely Cashless

The global brand that has taken the concept of “personalized” to a whole new level (half caf, 2 pump, non-fat, no whip, no foam latte) has decided to test “no cash” as part of their ever-expanding repertoire. The posh Seattle Starbucks at Second Avenue and University will no longer accept cash as a form of payment – at least for now. 

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