Study suggests cash affects crime

Drug dealers are not known for their financial flexibility. Credit cards are rarely used; cash is king. So, if there was less cash in circulation throughout society, would crime rates decline?

PayPal lets Facebook friends send cash

Online financial transactions powerhouse PayPal released an application on Thursday that lets friends send one another cash at leading social network Facebook.

Japan's DoCoMo eyes cash transfer by cellphone

Japan's top mobile telephone operator NTT DoCoMo said Wednesday it aimed to launch a new service enabling cash transfers simply by entering the recipient's cellphone number.