News

An anonymous donor sent a large cash donation in a cardboard box to the City College of New York. After sitting in a mailroom for months, the cash gift will fund scholarships for a decade.

CashEssentials launches Cash Talks, a series of webinars on critical trends and issues in the cash space. The first webinar will be held on 10 February and will focus on how various countries address access to cash.

In our third episode of the Cash and Crises podcast series, James Shepherd-Barron, sits down with Tristan Dissaux, Researcher at Solvay Brussels School of Economics and Management, to discuss the meaning of financial inclusion and its importance in society.

The House of Lords’ Economic Affairs Committee report concludes there is no convincing case for a central bank digital currency (CBDC). While a CBDC may provide some advantages, it could pose significant challenges for financial stability and the protection of privacy.

Four months after the Taliban took over Kabul, the Afghan banking system is on the brink of collapse. Afghanistan direly needs physical cash to jumpstart its imploding economy.

London-based research and campaigning organisation Positive Money analyses the economic and social implications of the war on cash and recommends ensuring universal access to cash.

After Hurricane Ida’s landfall on the coast of Louisiana, cash remained the most reliable payment instrument during disaster and relief recovery efforts.

The Jury of the Imagine Currency Competition gathered to select 6 winning designs. The diverse, resolutely forward-looking images are often marked by environmental concerns as well as a quest for happiness and solidarity.

In Kenya, currency in circulation increased by 30% during the first year of the Covid-19 pandemic, in spite of efforts to promote digital payments.

Hurricane Ida hit Louisiana in August, 16 years after Katrina. The financial and electronic payments infrastructure shut down due to power outages, leaving cash as the only functioning payment instrument.

In our second episode of the Cash and Crises podcast series, James Shepherd-Barron, sits down with Diederik Bruggink, Head of Innovation and Payments at the World Savings and Retail Banking Institute, to discuss why the cash cycle matters and its implications for developing economies.

The equivalent of over 2 billion Canadian dollars are currently held in foreign currency in Canadian homes and businesses. This money, if donated – can help to make a tremendously positive and impactful difference in the community.