Israeli central bank official says digital payment methods have ‘eroded’ the role of cash
CAT
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Andrew Abir, deputy governor of the Bank of Israel, recently said that traditional cash was once competitive with other payment methods, but its role has “eroded” because of technological limitations as finance becomes increasingly digital. Abir made the statement during his speech at the “Engines of the Israeli Ecosystem” conference on April 16, where he […]
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Israeli central bank official says digital payment methods have ‘eroded’ the role of cash
