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A year of cash innovation

Reviewing a year of innovation in the cash cycle.
by Guillaume Lepecq | Sep 01, 2017

OECD Approves Cash-Based Response in Practical Guide for Humanitarian Professionals

As cash gets more and more attention from international humanitarian agencies, the OECD has decided to put its stamp of approval on the innovative form of assistance by publishing a guide on cash-based humanitarian response planning.
by Guillaume Lepecq | Aug 25, 2017

About ‘The Macroeconomics of De-Cashing’ 2/2

“Cash has been created as the historically most convenient form of money, and carrying cash in the wallet is often perceived as a fundamental human right.” writes Alexei Kireyev. He adds that "de-cashing should not be lead by the public sector."
by Guillaume Lepecq | Aug 11, 2017

The Future of Cash: An Asian Perspective

“The Future of Cash: An Asian Perspective ”, a new report by AGIS Consulting, provides unique analysis of a diverse group of Asian countries—, Hong Kong, Indonesia the Philippines, Singapore, South Korea, and Thailand—this paper looks at the complex ecosystem of stakeholders involved in the issuing and circulation of cash across these growing societies. The report finds that innovation and cooperation between the private actors and public authorities are fuelling the circulation of cash in a continent that will soon be the epicentre of the world economy.
by Guillaume Lepecq | Aug 07, 2017

Three reasons why banks should embrace cash

Cash sets a floor to negetive interest rates. Without cash, central banks could provide digital currencies to the public and compete with retail banks. Consumers actually want it.
by Guillaume Lepecq | Jul 28, 2017

Out of the box: digital to cash

Need cash but don't have time to walk to the nearest ATM? No worries, the Sonect app can easily show you which shops in your immediate vicinity can give you cash by simply using your smartphone!
by Viktoria Dijakovic | Jul 20, 2017

Privatisation of cash is not the ‘pro-poor’ solution it pretends to be

The payments industry has cleverly used the aid sector as a ruse, a Homeric ‘Trojan Horse’, to gain access to key governmental decision-makers around the world whom they would otherwise find difficult to reach. These contacts have been ruthlessly exploited to pursue their global ambition of a cashless society.
by James Shepherd-Barron | Jul 17, 2017

Is Visa so desperate for business they need to pay merchants to go cashless?

Visa US. is taking the war on cash to the next level. In a new initiative to encourage businesses to go cashless, Visa will be awarding up to $500,000 to 50 eligible small business food service owners who commit to stop accepting cash.
by Guillaume Lepecq | Jul 14, 2017

Why a ‘cashless’ society would hurt the poor: A lesson from India

A sociologist analyses the importance of cash for low-income labourers in India. The research shows how cash contributes to structure community life by creating durable social bonds that function like contracts.
by Dana Kornberg | Jun 29, 2017

In Defense of Cash

Economist Pierre Lemieux contradicts Kenneth Rogoff's arguments to ban cash due to its use in criminal activity and constraining effect on monetary policy. Banning cash would not only inconvenience a lot of people, it would also come with many new regulations and controls, including against crypto-currencies and pre-paid cards.
by Pierre Lemieux | Jun 21, 2017

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A year of cash innovation

Sep 01, 2017