505. Insights: How to build a cashless society

Simon Taylor is joined by some great guests to talk about cashless societies. For years now the popularity of cash has dwindled as digital payments have become faster, cheaper and more convenient. In the UK, Sweden, China and many parts of the world we’re moving closer and closer to a cashless economy, but what does it take to build a cashless society? Joining us today are: * David Dechamps – Senior Vice President, Digital Payments & Labs for Mastercard in Europe * Joseph Hajj - Chief Strategy Officer, Swish * Nadia Costanzo - Head of Banking for MEA & Latin America at TransferWise This podcast is brought to you by Jack Henry Digital (https://hubs.ly/H0w__kt0) the pioneer and creator of personal digital banking that helps community financial institutions strategically differentiate their digital offerings from those of MegaBanks, BigTechs and FinTechs. Banking as a Service is deconstructing the banking stack. It's enabling brands to embed finance more easily, and to tailor financial products to specific customer needs. This is presenting new opportunities for specialised providers and offers banks extra revenue streams. Download our report for a comprehensive, no BS view of what Banking as a Service is and what it means for the industry. Head to bit.ly/bankingasaservice (https://bit.ly/bankingasaservice). Fintech Insider by 11:FS is a podcast dedicated to all things fintech, banking, technology and financial services. Hosted by a rotation of 11:FS experts including David Brear, Simon Taylor, Jason Bates and Sarah Kocianski and joined by a range of brilliant guests, we cover the latest global news, bring you interviews from industry experts or take a deep dive into subject matters such as APIs, AI or digital banking. If you enjoyed this episode, don't forget to subscribe and please leave a review Follow us on Twitter: www.twitter.com/fintechinsiders where you can ask the hosts questions, alternatively email podcasts@11fs.com! Special Guests: David Dechamps, Joseph Hajj, and Nadia Costanzo.