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19 Apr 2012

The Future of Technology

"Tech experts believe that by 2020 many consumers will have embraced smart-device swiping for purchases, but some suspect financial companies will slow down the trend. The experts also think credit cards and cash will survive for use by some types of consumers and because of security concerns and a desire for anonymity"

The Pew Research Center , which supports work carried out by  Elon University, has produced a number of reports which include future predictions in technology; links to the full reports can be found online here .

One of the reports  discusses  the direction that retail payments are taking and asks whether we're heading for a largely cardless as well as cashless society.