Cash may still rule, but other claimants aspire to the throne. Digital payments are making significant inroads in economies around the world, according to Boston Consulting Group professionals in this incisive look at economic development. To promote global growth and a more transparent financial system, governments, financial institutions and businesses must address barriers to digital cash that include high costs, governance issues and cyberfraud. Financial industry leaders and policy experts would benefit from the many insights in this concise yet thorough analysis.
About the Authors
Markus Massi et al. are professionals at the Boston Consulting Group.