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Filtered by News — 134 articles

John Winchcombe

27 April 2021

3 min read

Cash & Payment News Advisory Panel

We are pleased to announce the formation of an Advisory Panel to help determine the direction and development of Cash & Payment News™. The following have kindly agreed to participate in this panel.

News

John Winchcombe

27 April 2021

4 min read

Payment News

As part of its National Payment System, the South African Reserve Bank (SARB) is considering a new domestic card and payment system and has issued a consultation paper.

Digital Payments News

John Winchcombe

27 April 2021

5 min read

One of the parts of the cash cycle most affected by the pandemic has been coins. The normal flow has been seriously disrupted as people have switched to card payments or have rounded cash payments to use notes in preference to coins. In February 2020 there were almost £3 million worth of 2p coins held in wholesale cash centres, but demand has continued to outstrip supply almost every week, and in the past twelve months over £2.2 million in new 2p coins have been issued into circulation but never returned. Where are they all and why aren’t the pennies behaving the same?

ATMs Bank Branch Coins

John Winchcombe

11 April 2021

5 min read

Payment News

Google Pay is changing. The existing Google Pay will shut down in the US on 5 April and a new app has to be downloaded if you want to continue paying with Google on your phone.

Digital Payments News

John Winchcombe

11 April 2021

5 min read

News in Brief

Bangko Sentral ng Pilipinas (BSP) has reorganised to combine its cash department and its payment department.

Central Banks News Retail

John Winchcombe

5 March 2021

5 min read

New Initiative to Ensure Universal Access to Payments

Payments in their many guises are essential to the way we all live our lives, to buy bread and milk, to heat or homes and to do many other things. Around the world the majority of people take payments for granted and are able to choose the payment option that suits their needs for the particular transaction. However, many people don’t have this choice and have to rely on a single payment method, and this is very often cash.

CBDC Digital Payments Future of Cash

John Winchcombe

5 March 2021

5 min read

News in Brief

On 26 January the European Court of Justice (ECJ) gave its judgement on the Hessischer Rundfunk case.

ATMs Bank Branch CBDC

John Winchcombe

2 Feb. 2021

1 min read

Cash Essentials Launches Cash Glossary

Cash Essentials, the independent initiative that seeks to provide a platform for debate about the payments and monetary ecosystems, has published its first edition of a Cash Glossary. The aim is to give the cash industry a shared vocabulary relating to payments and the cash cycle.

Cash Centre Cash in Circulation Cash Management

John Winchcombe

2 Feb. 2021

2 min read

CPN is Going Online... and Weekly!

Reconnaissance International (RI), co-publisher of Cash and Payment News™ (CPN), is pleased to announce that it is moving to a new online platform incorporating a weekly newsfeed service alongside the monthly newsletter.

News

John Winchcombe

2 Feb. 2021

5 min read

Payment News

Cardtronics runs 285,000 ATMs in 10 countries, making it the world’s largest operator of non-bank cash machines. This Houston based company is a major player in the cash industry but is now being pursued by two companies, firstly Apollo Global Management and Hudson Executive Capital and secondly NCR.

Cards CBDC News

John Winchcombe

2 Feb. 2021

5 min read

News in Brief

In the UK a company called BitcoinPoint has acted to make owning and using bitcoins easier. They are collaborating with the independent ATM operator Cashzone, who run 16,000 ATMs across the UK.

ATMs Cash Management Digital Payments

John Winchcombe

4 Jan. 2021

5 min read

News in Brief

Allied Universal has offered 245 pence in cash for each G4S plc share and agreement on the terms of the offer have been reached. This values the company at £3.8 billion, representing a premium of about 68% to the closing price of G4S shares on 11 September 2020, and an 11% premium to the highest closing price in the previous year. GardaWorld had offered 235 pence per share, some 4% less. G4S Directors intend unanimously to recommend that their shareholders accept the offer.

Commercial Banks COVID Digital Payments

John Winchcombe

4 Jan. 2021

5 min read

Payments in Brief

Wholesale Central Bank Digital Currencies (CBDC) are a less talked about element of the CBDC conversation, perceived as more operational than revolutionary. However, the Bank for International Settlements (BIS) has successfully concluded a proof-of-concept project with the Swiss National Bank (SNB) and SIX to explore the performance of the technology to integrate a tokenised digital asset and central bank money.

Apps CBDC Digital Payments

John Winchcombe

22 Dec. 2020

5 min read

News in Brief

The South China Morning Post has published its first China FinTech report. Mobile payments now account for four out of every five payments and for more than half the value of all non-cash retail payments for consumers and businesses. The report states that China’s massive domestic financial market has an estimated 87% of consumers using FinTech services, a $29 trillion mobile payment market in 2019.

Cash Usage Digital Payments Future of Cash

Latest News

Cash & Payment News Advisory Panel

Payment News

News in Brief

Payment News

News in Brief

New Initiative to Ensure Universal Access to Payments

News in Brief

Cash Essentials Launches Cash Glossary

CPN is Going Online... and Weekly!

Payment News

News in Brief

News in Brief

Payments in Brief

News in Brief

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