The Rise of Digital Fintech in the World

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Arjun Ramani is the economist's global business and economics correspondent. Cash usage has fallen by around 25 percentage points across the world's major economies in the past decade. He says smartphones have spread so much and everyone has an internet connection now. The place where that's really taken off in the past 10 years has been China, he says.

The global digital-payments shift is more than just a matter of convenience. We examine the cashlessness push in different economies and potential effects on different currencies. The Golden Mile, a pioneering multi-purpose architectural experiment in Singapore, is crumbling. We discuss efforts to spare it from the wrecking ball. And a reading list to learn about, and from, history’s greatest hoaxes.

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