Theo: If we were to go cashless, the tooth fairy would not be able to give you money anymore.Theo's Kiddo: Well, the tooth fairy could always put money in a prepaid card.The world is definitely ramping up to go cashless.As technology continues to reduce friction, banking will become more embedded in our day-to-day life. A bank as we know it might look very different than what it does today – and we may no longer need a physical branch to service most of our needs. Recent market entries such as T-Mobile Money illustrates this point: a telecom wireless provider leveraging technology to enable consumers to conduct financial transactions. But this is just the beginning.In this episode of Judge me by my Cover, Theodora Lau and Arun Krishnakumar talk to Brett King, an international best selling author, futurist and the Founder and Chairman at Moven. Brett shares his views on the future of banking, how China is leading the world in Fintech with 22 Trillion of digital payments done vs 10+ Billion in the west, and what his next book is focused on. In his book he writes,“The bank account you have today will have long disappeared in favor of something that’s a lot smarter and a lot better for your day-to-day use of money, saving for the future and providing for your family.”However digitisation and going cashless may not be the green shores we dream of. We may be becoming exclusionary in the name of digital and the debate around cash has been heating up lately. The city of Philadelphia and the state of New Jersey have recently passed bills thatban stores from going cashless, arguing that the concept marginalize consumers who are unbanked and don’t have access to credit, including low income and immigrants. Amazon just opened its first Amazon Go store in New York City, accepting cash.While banking is starting to be omnipresent, cash may linger in its current state for longer than we think. Listen in for more insights.