June 20, 2019 Sophia Vida

Bank of America’s CEO Wants a Cashless Society

Bank of America CEO Brian Moynihan said, “We want a cashless society,” at Fortune’s Brainstorm Finance conference this week. According to Moynihan, Bank of America has “more to gain than anybody” from non-cash transactions. The CEO noted that most money transactions are already processed electronically, with the rise of cryptocurrencies, and payment systems like PayPal … Continue reading “Bank of America’s CEO Wants a Cashless Society”