Spending, saving and borrowing
New technologies are transforming the way we spend, save and borrow money.
We cannot always predict the social and cultural consequences that might arise from these technological changes. In the last 200 years, there have been major changes in the ways we spend our money. In some countries today, fewer than half of all transactions are made in cash. In the twenty-first century, developments in digital technology will again transform the way we spend our money.