Visa Europe head declares cash the enemy

“Cash is my competitor. I get pleasure from seeing the amounts of cash used going down and I don’t like to see customers using our cards to visit ATMs.” So said Peter Ayliffe, chief executive of Visa Europe, last night at Lloyds of London during an FS Club speech entitled ‘The Cashless Society’, which also [...]

Innovate, don't suffocate

The reporting season is underway, with Barclays going first this year announcing record profits of £11.6bn for 2009 and the traditional claims and counterclaims can be heard. The ‘silly season’ at newspapers used to be in August when Parliament recessed but it seems we now have another period of the year when papers get on [...]