With the introduction of mobile money in India beginning in 2010, we wanted to research empirical understandings about the role of mobile money in replacing cash among migrant workers in South India. We also wanted to understand the role of middlemen in this broad ecosystem. Lastly we wanted to understand whether the users feel a sense of trust when using mobile money. We find that on average, ...

Taxicabs are a critical aspect of the public transit system in New York City. The yellow cabs that are ubiquitous in Manhattan are as iconic as the city’s subway system, and in recent years green taxicabs were introduced by the city to improve taxi service in areas outside of the central business districts and airports. Approximately 500,000 taxi trips are taken daily, carrying about 800,000 pa...

The literature on vote-buying assumes a complete transaction of cash for votes. While there is ample evidence that candidates do target certain voters with cash handouts, it is unclear whether these actually result in higher turnout and voteshares for the distributing party. In this paper we argue that in settings with low level of monitoring by political parties, such as many African countries...

Digitization in banking to the cashless society by providing as non-cash transactions. In other hand a result of survey showing low penetration internet usage for online money transfer wrong services. This article, has purpose describe post-usage behavior. The author uses descriptive design solve problem users transfers. Today, e-banking services are considered one factors that customer express...

It is well known that in the classical monetary theory, whether of the Fisherian "equation of exchange” version or the Cambridge real-balance version, the demand for money was seen strictly as a demand for transactions purposes, which in turn was exogenously determined by institutional and technological factors.1 One of the innovations which Keynes introduced into monetary theory was his explic...

This study aims to determine the effect of use debit cards and electronic money (e-money) on public consumption expenditure Pematangsiantar City. The population in this are City people who have (e-money). sampling technique used was purposive technique. number samples is 100 respondents. uses primary data obtained from a questionnaire then analyzed by multiple linear regression. Based results t...

The FinCEN* Artificial Intelligence System (FAR) links and evaluates reports of large cash transactions to identify potential money laundering. The objective of FAIS is to discover previously unknown, potential high value leads for possible investigation. FAIS integrates intelligent human and software agents in a cooperative discovery task on a very large data space. It is a complex system inco...

We examine the optimal trading strategy for an investment fund which in the absence of transactions costs would like to maintain assets in exogenously fixed proportions, e.g. 60/30/10 in stocks, bonds and cash. Transactions costs are assumed to be proportional, but may differ with buying and selling, and may include a (positive) capital gains tax component. We show that the optimal policy invol...

Bitcoin, a distributed, cryptographic, digital currency, gained a lot of media attention for being an anonymous e-cash system. But as all transactions in the network are stored publicly in the blockchain, allowing anyone to inspect and analyze them, the system does not provide real anonymity but pseudonymity. There have already been studies showing the possibility to deanonymize bitcoin users b...