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Cash and Crises
Cash generates security
Governments Announce that the Supply of Cash is Vital to the Economy
March 25, 2020
As a growing part of the world shifts into lockdown, governments are identifying critical infrastructure industries that must continue operating to ensure public health and safety as well as national security.
Central Banks Speak Out for Cash
March 23, 2020
As the coronavirus pandemic spreads, several central banks have now made strong statements emphasizing the importance of cash in this crisis.
Malaysia to Impose Caps on Cash Payments and Subsidise Digital Payments
January 23, 2020
The Central Bank of Malaysia is proposing to place a Cash Transaction Limit to promote financial integrity. Meanwhile, the government is launching a programme to subsidise digital payments.
Loomis acquires Nokas Cash Handling Operation in Sweden
January 20, 2020
The European Cash Management sector sees further consolidation as Loomis has entered into an agreement to acquire Nokas Värdehantering, a Swedish subsidiary of Norway’s Nokas Kontandhåntering.
Cash lends a helping hand in case of domestic abuse
November 12, 2019
1 in 4 women experiences domestic abuse in their lifetime. In the UK, one woman reveals how she wouldn’t have escaped her abusive partner without having access to cash.
Euro banknote counterfeiting decreased further in the first half of 2019
July 30, 2019
ECB figures show that the number of counterfeits dropped by 16.5% in the first half of 2019, compared to the same period in 2018.
Our generation will not see cash disappear
July 29, 2019
Is cash condemned by cryptocurrencies, cards and other alternative payment methods?
Dirty Money: How clean are cash, cards and coins?
July 10, 2019
‘Dirty Money’ has never gotten as literal as this. Do you ever just wonder how clean cash, cards and coins are? LendEDU did and they share exactly how!
How much do we value privacy?
June 20, 2019
As Facebook publishes its white paper on Libra, the code-name for its future global digital currency, it is probably timely to reflect on the value of privacy and more particularly the value of privacy in payments.
Ireland: Retail cash payments credited in real-time
April 29, 2019
Cash remains a popular form of payment option in Ireland that FinTech company PCS is piloting a processing technology that will improve liquidity, increase efficiency and reduce risk to strengthen in-store cash flows
Cash does not fuel the shadow economy
April 23, 2019
The Deutsche Bundesbank reports that there is no evidence that restricting cash usage is effective in limiting the illegal use of cash
The Cost of Convenience: UK’s illegal surcharge
January 22, 2019
A BBC led investigation found UK retailers, letting agents, and a university illegally charging customers for card payments, despite EU’s 2018 ban on credit/debit surcharges.