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Cash and Crises
Cash is a public good
Irish Banks to Sell a Third of their ATMs to Independent Deployers
January 28, 2020
Bank of Ireland and Allied Irish Bank are planning to sell over 1,000 cash machines, sparking concerns from consumers that the move will lead to hike in fees for cash withdrawals.
Mani App brings Money Vision to India’s Visually Impaired
January 10, 2020
India’s visually impaired sees a clearer future in handling their money, thanks to the MANI mobile app which helps identify the denomination of currency notes.
ECB welcomes Swedish draft law ordering banks to provide cash services
December 26, 2019
The European Central Bank has delivered a legal opinion supporting the draft law proposed by the Swedish government, which aims at guaranteeing that the largest banks provide a minimum level of cash services throughout the country.
UK ATM network LINK increases fund to support new ATMs
December 20, 2019
Following the launch of the Request an ATM scheme in October, LINK has received over 2,700 enquiries from across every part of the country. Link has announced a further £4 million in new investment from banks to fund new free-to-use ATMs.
We mustn’t lose the War on Cash
December 11, 2019
Kevin Dowd, Professor of Economics and Finance at Durham University. gives a lowdown on the value of cash amidst the ongoing controversy over proposals to abolish it. Whatever the merits of digital money, the use of cash confers important benefits that digital money does not.
ECB calls for Greece to drop cash payment limitations. But what about the other countries?
December 03, 2019
Earlier in November, a Greek draft tax bill proposed to lower the limit for cash payments in from €500 to €300. The ECB declares that the threshold is disproportionate in light of the potentially adverse impact on the cash payment system.
UK: over 100 communities apply for new ATMs in a month
November 01, 2019
Early October, LINK the UK's main ATM network inroduced a £1 million fund to support the installation of free-to-use cash machines in remote communities. In less than a month, over 100 applications were received.
2018 US Survey of Consumer Payment Choice
October 30, 2019
In 2018, consumers made most of their payments with debit cards, followed by cash and credit card. Cash was used by more consumers than any other payment instrument: 9 out of 10 consumers use cash at least once a year.
Mexico: ¿Hola digital, adiós cash?
October 15, 2019
Mexico’s government is considering banning cash at gasoline and toll fee stations in a country where only 37% of adults hold a bank account while 75% of the population is underbanked.
European Consumer Association says consumers need a right to use cash
September 30, 2019
The European Consumer Association BEUC has published a position paper ‘Cash versus Cashless: Consumers need a right to use cash. The paper makes recommendations for EU level actions to ensure that consumers have a non-discriminatory right to access and use cash.
Morocco : 2018 in Figures
August 30, 2019
Here's what you need to know about cash in Morocco! Have a look at our infographic to find out more.
The ATM is critical to driving financial inclusion
August 22, 2019
The impact digital and mobile technologies have had on the financial services industry is undeniable, but innovation in the ATM self-service channel and the unique characteristics of cash will prove just as significant in the quest for greater financial inclusion.