The Bahamas, a picturesque archipelago of islands nestled in the turquoise waters of the Caribbean, boasts a vibrant economy and a dynamic financial sector. Yet, […]
Author: Sophia Bennett
Avant A Pioneering Electronic Purse in Finland Faces Reloading Woes
The Avant card, a revolutionary electronic purse system introduced in 1992 by the Bank of Finland, aimed to revolutionize cashless payments in the country. However, […]
Key Lessons from Avant’s Demise
Demand and Acceptance are Crucial for Successful CBDC Implementation The Avant smart card system, the world’s first retail central bank digital currency (CBDC), faced a […]