Latest News

844 articles online

All Access to Cash AI Apps ATMs Bank Branch Cards Cash Centre Cash in Circulation Cash Management Cash Usage CBDC Central Banks CIT Coins Commercial Banks Country Profile COVID Crime Cryptocurrency Data Analytics Digital CN Digital Payments Editorial Events Free Future of Cash News Payments POS Resilience Retail Stablecoins Staff Papers Studies, Reports Surveys Sustainability

John Winchcombe

28 Nov. 2023

9 min read

Shaping the Future of Cash in an Uncertain World

The Future of Cash conference in Istanbul, which took place 6-8 November, saw some big conversations about cash today and its future. The mood was more upbeat than in recent years as transactional demand for cash has largely rebounded from the lows of the pandemic and the access to cash agenda has gathered pace in countries facing the reality of less cash.

Future of Cash

John Winchcombe

2 Nov. 2023

3 min read

Two Sides of India’s UPI

Mastercard’s CFO, speaking recently at a UBS conference, has raised issues with India’s Unified Payment Interface (UPI) system. Describing it as ‘fantastic at many levels’, he also said it was an ‘incredibly painful experience’ for its ecosystem participants.

Future of Cash Studies, Reports

John Winchcombe

2 Nov. 2023

3 min read

Cash in Sweden: the Reality

Bancomat AB was registered in 1968 in Sweden, and it is the second oldest ATM operator in the world. It was incorporated in 2010 and is owned by Danske bank, Nordea, Handelsbanken, SEB, Swedbank and some savings banks.

Country Profile Future of Cash

John Winchcombe

2 Nov. 2023

3 min read

CBDC Round-Up

The Bank for International Settlements (BIS) has used decentralised finance (DeFi) technology concepts on a public blockchain to trade and settle hypothetical euro, Swiss franc and Singapore dollar wholesale CBDCs across borders between simulated financial institutions.

CBDC Digital CN

John Winchcombe

2 Nov. 2023

5 min read

Payment News

Moody’s Investor Service has published a report on ‘Decentralised Finance and Digital Assets’. In it, it has raised concerns that the Aadhaar identification system, which is based on biometric technologies, is unreliable due to India’s hot and humid conditions, resulting in ‘service denials’.

News

John Winchcombe

2 Nov. 2023

5 min read

The Usefulness of CBDCs

Two recent pieces address the usefulness and role of CBDCs. One explores the theoretical benefits of a CBDC in a high inflation environment, the other the impact of a CBDC if a loss of confidence in the banking system leads to a run on the banks.

CBDC

John Winchcombe

2 Nov. 2023

9 min read

The Changing Environment for ATMs

The Emerging Market and Europe ATM and Cash Summit in Dublin focused on the future role of ATMs in a changing world. In addition to the keynote speech by the Dutch National Bank, supported by a Geldmaat presentation, Bancomat from Sweden, LINK from the UK and the ECB also covered the changing role of cash.

ATMs

John Winchcombe

2 Nov. 2023

5 min read

Creating a Level Playing Field

The International Mint Industry Association (IMIA) has issued a position paper on the European Commission’s (EC) draft regulations on the legal tender of euro banknotes and coins. The paper also refers to the EC’s proposals about a possible digital euro. Although supportive of the initiative, the IMIA highlights a number of concerns.

Future of Cash

John Winchcombe

2 Nov. 2023

5 min read

News in Brief

The Reserve Bank of Atlanta has made some observations about the Merchant Risk Council’s 2023 Global Ecommerce Payments and Fraud Report.

News

John Winchcombe

2 Nov. 2023

4 min read

Future of Cash – an ATM Perspective

As noted in the summary of the recent Emerging Market and Europe ATM and Cash Summit in Dublin, the focus was on understanding the future of ATMs in a changing cash environment. As such there was a strong ‘Future of Cash’ feel to the agenda alongside more technical ATM perspectives and topics.

ATMs Free Free

John Winchcombe

2 Nov. 2023

2 min read

Financial Services in Africa

An International Monetary Fund Financial Access Survey has confirmed that Ugandan banks are switching their spending to digital channels and away from branches and ATMs. There has been an exponential growth in mobile money services.

ATMs Bank Branch

John Winchcombe

2 Nov. 2023

3 min read

Do Digital Payments Inevitably Increase Financial Inclusion?

Geldmaat spoke at the ATMIA summit following on directly after the Dutch National Bank. It described how it came into being and the challenges it faces.

ATMs Future of Cash

John Winchcombe

2 Nov. 2023

5 min read

Netherlands Struggles with Access to Cash

At the recent ATMIA Emerging Markets and Europe ATM and Cash Summit, the Dutch National Bank (DNB) presented on access to cash.

Cash Usage

John Winchcombe

28 Sept. 2023

3 min read

Flawed Design Risks Digital Euro

The Centre for Economic Policy Research (CEPR) has published a paper questioning whether the design of the digital euro could already be undermining its chances of success.

CBDC Digital CN

John Winchcombe

28 Sept. 2023

5 min read

News in Brief

Australia’s fifth largest bank, Macquarie Bank, has announced that from November 2024 it will no longer handle cash and will also end cheques.

News

John Winchcombe

25 Sept. 2023

5 min read

Payment News

New Jersey, in the US, has made a law limiting surcharges applied by merchants on consumers who prefer to pay by card rather than by cash.

News

John Winchcombe

25 Sept. 2023

4 min read

CBDCs: Public Infrastructure for Innovation

Dr Wolfram Seidemann, CEO of G+D Currency Technology, pointed out at the company’s July Currency Technology Symposium that it’s not only about the resilience of the existing cash cycle, but it’s also about innovating the new cash cycle.

CBDC

John Winchcombe

25 Sept. 2023

5 min read

Hoarding By Design

Understanding the difference between banknotes used for transactions and those used for non-transactional purposes is a perennial issue for central banks.

Free Future of Cash Free

John Winchcombe

25 Sept. 2023

9 min read

Central Banks and the CBDC Conference

As noted in another article this month, the CBDC Conference took place in Istanbul 12-14 September. This article reports almost entirely on the central bank perspective on CBDCs, particularly the use cases justifying their use.

CBDC

John Winchcombe

25 Sept. 2023

7 min read

Delivering Cash Cycle Resilience and Efficiency

As published in our sister publication Currency News™, Giesecke+Devrient (G+D) held its Currency Technology Symposium 2023 in July in Munich, the main themes of which were resilience, hyper-efficiency and sustainability within the cash cycle and generally the role of cash in today´s world.

Cash Management Cash Usage

Latest News

Shaping the Future of Cash in an Uncertain World

Two Sides of India’s UPI

Cash in Sweden: the Reality

CBDC Round-Up

Payment News

The Usefulness of CBDCs

The Changing Environment for ATMs

Creating a Level Playing Field

News in Brief

Future of Cash – an ATM Perspective

Financial Services in Africa

Do Digital Payments Inevitably Increase Financial Inclusion?

Netherlands Struggles with Access to Cash

Flawed Design Risks Digital Euro

News in Brief

Payment News

CBDCs: Public Infrastructure for Innovation

Hoarding By Design

Central Banks and the CBDC Conference

Delivering Cash Cycle Resilience and Efficiency

Sign Up to Cash & Payment News Weekly

You're signed up!