Cash is trust

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.

Over 75% of the Dutch population expect to use cash in 5 years’ time but 42% expect to do so less often, according to a survey commissioned by the Dutch Central Bank.

Unilever has announced that it will begin consumer trials of a seaweed-derived compound that the company claims can create self-cleaning surfaces, the applications of which are wide-ranging, and include banknotes.

During the second webinar of a series of three, our panel combining industry experts and futurists, discussed three possible future scenarios and their implications for monetary ecosystems and cash. The third and final webinar will look at designing a desirable future and discuss the roadmap to make it happen. The Webinar will be held on 30 June 2020 @ 14:00 CEST!

An oft-voiced opinion in the public debate is that cash promotes the shadow economy and is used as a means of financing crime. The Bundesbank has conducted a study on the extent of illicit cash use in Germany and concludes that it is very difficult to provide hard research-based evidence about the scale of the cash demand resulting from the shadow economy and criminal activity.

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.

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.

Curious to know the low-down on cash in recent months? CashEssentials brings you Cash Perspectives 2019 – a summary glance of the latest news and happenings on cash and our payments landscape!

The Deutsche Bundesbank reports that there is no evidence that restricting cash usage is effective in limiting the illegal use of cash

Australia's note printing CEO Malcolm McDowell explains why cash must be maintained as a payment instrument regardless of the rise of alternative payments.

Mobile money is practically the only payment method that is currently accessible to Zimbabwean consumers, but there are risks, and this became apparent following the 2-day breakdown of the country's largest service provider.

Consumers like using cash because they believe it's the payment method that best protects their privacy and personal data, but contactless payments have also become popular thanks to their convenience.