Bonus: Is Cash Going Away? The Future of Payments

So Money with Farnoosh Torabi

Farnoosh Torabi

Entrepreneurship, Business

4.7 • 1.9K Ratings

🗓️ 3 June 2021

⏱️ 31 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

This episode is produced in partnership with FIS, advancing the way the world pays, banks and invests. Today's episode centers around the future of payments. What is going to happen to cash and credit cards? What are the various options with which we are going to pay for goods and services going forward? Change is afoot. The pandemic accelerated a lot of the innovation within the tech space as it pertains to payments and e-commerce. Our guest is Nicole Jass, Senior Vice President of Products in the Merchant Solutions group at FIS (NYSE: FIS). FIS is a Fortune 500 company that holds leadership positions in payment processing, financial software and banking solutions. Nicole and I discuss the future of cash and electronic payments and changes in the world of e-commerce. Plus, are malls really going away? And yes, we discuss bitcoin! To read more about FIS and my article about the future of fintech, click here. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Bonus so many episodes is cash going away, the future of payments.
0:06.0	You're listening to So Money, with award-winning money guru, Farnoosh Karabi.
0:11.0	Each day, in a 30-minute dose of financial inspiration from the world's top business minds,
0:16.0	authors, influencers, and from Farnoosh yourself.
0:20.0	Looking for ways to save on gas or double your double coupons?
0:24.0	Sorry, you're in the wrong place.
0:26.0	Seeking profound ways to live a richer, happier life.
0:29.0	Welcome to So Money.
0:32.0	I think if I were cash, I'd be a little worried, to be honest.
0:36.0	I think physical, emergency, yeah.
0:40.0	Physical paper. I mean, currency and commerce isn't going anywhere,
0:43.0	but if I were cash, I'd be a little bit worried.
0:45.0	Welcome to So Money, everybody. I'm your host, Farnoosh Karabi.
0:48.0	An extra bonus episode of So Money today, centering around the future of payments.
0:53.0	What is going to happen to cash? What is going to happen to credit cards?
0:57.0	And what are the various options with which we are going to be able to pay for goods and services going forward?
1:05.0	Change is a foot. The pandemic accelerated a lot of the innovation within the tech space as it pertains to payments and e-commerce.
1:14.0	Our guest today is at the nucleus of all of this activity.
1:18.0	Her name is Nicole Joss, Senior Vice President of Products in the Merchant Solutions Group at FIS.
1:25.0	FIS is a Fortune 500 company that holds leadership positions in payment processing, financial software, and banking solutions.
1:34.0	This episode has been created in partnership with FIS.
1:38.0	Nicole and I discuss the future of cash, electronic payments, changes in the world of e-commerce,
	...

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