‘The Origins of the Cashless Society’ wins Best Paper award

A research paper co-written by a Bangor Business School academic has won a prestigious award.

“The Origins of the Cashless Society: Cash Dispensers, Direct-to-Account Payments and the Development of On-Line Real Time Networks, C. 1965-1985”, written by Professor Bernardo Batiz-Lazo (Bangor), Tobias Karlsson (Lund University) and Björn Thodenius (Stockholm School of Economics) was jointly awarded the James Soltow Award for Best Paper as published in Essays in Economic and Business History in 2014. The co-winner was a paper entitled “The Michigan Free Bank Experience: Wild Cat Banking or Interference with Contract”. Both papers were described by the awards committee as ‘outstanding’.

Professor Batiz-Lazo, Professor of Business History and Bank Management at Bangor, said: “It’s an honour to share the first ever James Soltow award. It is testimony to the challenges of cross-country comparisons in historical research, as well as the current interest in digital payments”.

James Taylor, Editor of Essays in Economic and Business History, commented: “Batiz-Lazo, Karlsson, and Thodenius have produced a very high quality and important piece of scholarship. The insights they provide into the early development of electronic banking can tell us much about our continuing movement toward a cashless society. The depth of their research is impressive”.

“The Origins of the Cashless Society” can be downloaded at http://www.ebhsoc.org/journal/index.php/journal/article/view/274

Publication date: 1 October 2014