Featuring more than a thousand objects, Citi Money Gallery opens at the British Museum
Featuring more than a thousand objects, Citi Money Gallery opens at the British Museum
- June 29, 2012
- IMTFI is featured in Art Daily June 27, 2012
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From Art Daily:
As a gallery devoted to a fast-changing field, it will also include regularly updated
content, focusing on new technologies - including information on the first payments
on plastic cards - and the ways that money continues to change lives. The museum has
been working with the Institute for Money, Technology and Financial Inclusion at the
University of California, Irvine, to create brand new case-studies for the gallery.
At the opening of the gallery, the first featured case study details the use of mobile
phone payments in Haiti following the devastating earthquake in 2010. This almost
completely destroyed Haiti's banking infrastructure, and since then, the use of mobile
phones for spending and saving money has increased dramatically. In this, Haiti is
ahead of Europe and America, who are just trialling mobile money systems and cashless
payments on a large scale.
For the full story, please visit http://www.artdaily.com/index.asp?int_sec=2&int_new=56191#.T-x8MpiDnTo.
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