The Future of Money

Anette Broløs ()
Additional contact information
Anette Broløs: Copenhagen Fintech

Chapter 31 in The Book of Payments, 2016, pp 367-378 from Palgrave Macmillan

Abstract: Abstract This is the story of a successful industry–academia strategic research project in the area of financial innovation and financial behaviour. Four companies and two research institutions established five payment test scenarios and studied test users’ attitudes to money and payments. It was found that the Danish already e-aware population is ready to adopt mobile payments. When introducing them the studies showed that convenience is the main facilitator and the adoption of new payments depends on three factors: “Control, Value and Context”. This has proved to be a very useful finding. The collaboration has also helped build a growing fintech payment community and supported the further development of a cashless society where new payment solutions may help provide helpful payment solutions for all.

Keywords: Test Scenario; Live Test; Financial Innovation; Internet Banking; Card Payment (search for similar items in EconPapers)
Date: 2016
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-60231-2_31

Ordering information: This item can be ordered from
http://www.palgrave.com/9781137602312

DOI: 10.1057/978-1-137-60231-2_31

Access Statistics for this chapter

More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().