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Cash and Crises
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UK Charity Calls on Regulators to Secure Access to Cash through the Pandemic and Beyond
May 18, 2020
Age UK is deeply concerned that the headlong rush towards a cashless society is leaving some older people unable to pay their way. It joins a growing number of associations around the globe calling for universal access to cash.
The Role of Cash when responding to the Covid-19 Pandemic
April 21, 2020
Disaster Management Consultant and Epidemiologist, James Shepherd-Barron, shares why advising low-income societies to use contact-less electronic payments instead of cash as a Covid-19 control measure is likely to negatively affect health outcomes over the longer term.
Don’t be a dactylochrematophobe!
April 20, 2020
Antony Harris of Crane Payment Innovations explains why being a Dactylochrematophobia – someone afraid of handling cash – is concerning for society and what alternatives can be looked at in facing this fear.
Cash matters – now, more than ever, in the time of coronavirus
April 16, 2020
Groups representing the currency, ATM, transportation and security sectors call on governments, central banks, media, business and society to stand up for cash.
French Authorities Remind Merchants that Accepting Cash is Obligatory
April 14, 2020
The Banque de France as well as the National Ombudsman have reminded merchants that refusing cash for a payment is illegal in France. In the UK, various associations increasingly speak out for cash.
Cash on Wheels: India launches Mobile ATM
April 08, 2020
Indian Bank launches a mobile ATM service for safe and accessible cash withdrawal.
BIS Bolsters Trust in Cash
April 03, 2020
The Bank for International Settlements has published a report analyzing how the pandemic has fueled public concerns that the coronavirus may be spread by cash: "Covid-19, cash, and the future of payments". The pandemic could broaden the divide in access to payment instruments and negatively impact the most vulnerable people.
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.
After Sweden, the UK will Protect the Future of Cash by Legislation
March 16, 2020
In Sweden, new legislation was enacted on 1 January requiring banks to provide cash services. The UK Treasury has announced it would also introduce new regulations to protect access to cash.
Is this just ANOTHER swipe at cash?
March 16, 2020
Some media have been misreporting and scare-mongering around the handling of banknotes in light of the current coronavirus. This is contributing to further marginalise the many people who rely on cash for their daily purchases.
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.
Catch 2020: Is Italy on Course for a Cash Culture Clash?
January 08, 2020
Today most people in Italy still choose to pay with cash. Will government proposals to introduce new incentives to curb cash use spark a culture change that would leave some people behind?