How Sweden's push to go cashless has left consumers and the country vulnerable to online fraud; value of fraudulent transactions has doubled since 2021
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From Bloomberg. View the full context on Techmeme.

Bloomberg: How Sweden’s push to go cashless has left consumers and the country vulnerable to online fraud; value of fraudulent transactions has doubled since 2021  —  Sweden has led the way in Europe in going cashless, but fast and easy digital commerce have left consumers and the state vulnerable to fraud.

  • @eskimofryEnglish
    2•6 months ago

    Whenever we introduce new stuff like this we limit the experiment to youngsters and keep around the old reliable as a failsafe.

    All it takes for any software to fail is pulling the plug.

    • @EheranEnglish
      2•6 months ago

      So you think banking would in any way still work with the plug pulled?