Mastercard Targets Mexico City, Where Cash Is King

Mastercard wants Mexico City to join major cities across the globe in taking its first step toward cashless public transportation. The company will introduce a contactless, transit-enabled debit card for Mexico City’s Metro, allowing riders to use a tap-and-go payment method tied to their bank account. But many residents don’t have bank accounts, and don't have enough cash to get one. (Video by Ali Withers) (Source: Bloomberg)

Irma Weakens, But Leaves Cities Swamped in Its Wake
00:23 - Hurricane Irma slammed into Florida on Sunday as a category four storm after battering the Caribbean islands, but continued to weaken as it moved through the state, leaving at 4.7 million without power. Bloomberg's Erik Schatzker updates the conditions on "Bloomberg Daybreak: Americas." (Source: Bloomberg)
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