Cash Still an Appealing Option, Even in Digital Age

Digital and contactless payments are accelerating during the pandemic which leaves cash in a precarious position; cash is still being used by older customers who are not digitally savvy and by those in illegal occupations; there is another group who might prefer to use cash in order to not have their transaction history tracked by banks, big tech or fintech; with the talk of governments becoming more involved in digital currencies there will be a growing group who want to use cash in order to not be tracked by the government; consumer behavior is definitely changing and the current crisis has helped to speed up the adoption of contactless payments; cash is not dead yet, and will still be needed for the foreseeable future. Financial Times.

Todd is the Chief Product Officer of LendIt Fintech.

He is the host of PitchIt: the fintech startups podcast, a weekly interview show featuring emerging fintech founders and leading venture capitalists.

He is responsible for leading the content team which covers fintech through daily & weekly email newsletters, editorial, virtual events, and in-person conferences.

He has been covering fintech, banking, and venture capital for more than 15 years, including speaking regularly at industry events.

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