Cash connects people

Around the globe, a growing number of protests and petitions are calling for improved access and acceptance of cash. Could they reverse the trend of declining access to cash and contribute to maintain the cash infrastructure?

The CashTech Innovation Awards aim to recognise innovations that facilitate access to and acceptance of cash and improve the cash cycle's overall efficiency. Submissions are open until 31 September 2023.

The smooth circulation of coins is a pain point in the cash cycle. The RBI innovates by deploying vending machines to enhance access to coins.

The digitisation of payment instruments increases the number of people in a situation of monetary exclusion. Digital payments have become essential to fully participate in socio-economic activities, although they are not accessible to all.

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

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

A year ago, a Spanish retiree’s viral campaign showed how banking’s rampant digitalization (accelerated by the Covid-19 pandemic) has increased senior adults’ financial exclusion.

On January 1, Croatia became the 20th member of the euro area. Euro banknotes and coins started circulating in the economy, and the Hrvatska Narodna Banka joined the Eurosystem and the Single Supervisory Mechanism.

Queen Elizabeth II’s passing marked the beginning of a complex redesign and updating of banknotes and coins in the United Kingdom and many countries worldwide.

The digitalisation of money negatively impacts social cohesion and financial inclusion. With digitalisation, the monetary system becomes more a private good than a public one – and one that risks leaving the most vulnerable behind.

Will robots use cash? At first glance this question seems too silly to warrant a response.

The International Mint Industry Association (IMIA) is a content and research-led association that protects inclusive, democratic, resilient and sustainable cash and coin access and acceptance.