News

After exceptional growth during the Covid-19 pandemic, global cash demand was negatively impacted by the return of inflation in 2022. Early figures for 2024, indicate that demand is picking up. As central banks vigorously tackle inflation, the precautionary demand for banknotes in the increasingly uncertain world will likely grow. .

Elsewhere on the Web provides updates and links to articles related to cash, money and payments curated on the web.

Elsewhere on the Web provides updates and links to articles related to cash, money and payments curated on the web.

The U.S. Department of Justice is accusing Visa of stifling competition and inflating merchant fees. The lawsuit emphasizes the importance of cash as a mainstream payment method to ensure competition, affordability, privacy, and resilience in the payments landscape.

Elsewhere on the Web provides updates and links to articles related to cash, money and payments curated on the web.

As the number of ATMs has significantly decreased in recent years, SIX and Diebold Nixdorf are entering into a cooperation to secure the long-term cash supply through ATM pooling. However, the Swiss Post also aims to be the sole ATM operator.

CashEssentials will be hosting a seminar on the Future of Cash at the ATMIA Europe and Emerging Markets Conference in London on 10 October 2024. It will focus on understanding the changing cash environment and what stakeholders are doing to optimise the cash cycle and ensure the future viability and sustainability of cash.

The Federal Reserve Bank of New York (FRBNY) has announced that it plans to transition its cash operations in East Rutherford, New Jersey (NJ) to a new next-generation cash services centre within the Second District.

As a worldwide partner to the Paris 2024 Olympic and Paralympic Games, Visa has a monopoly on all debit, credit and mobile payments. Spectators are venting their frustration. Paradoxically, the campaign demonstrates the importance of cash in terms of inclusion, protection of privacy and resilience.

Even if political and monetary reforms had a major impact during the second half of the 20th century, the main reason for issuing new banknote series or an upgrade has been the security enhancement of the notes. The constant efforts of the industry have provided good opportunities for this. The issuers can select between various substrates and use several different optically variable features to make the reproduction of the notes difficult.

A new opinion poll by Ifop for the Monnaie de Paris shows that cash remains the most trusted means of payment and that the level of attachment to cash is strengthening.