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Cash & Crises
Cash is universal
Visa payments down in Europe
June 04, 2018
Visa experience a major system failure on June 1st, causing havoc for consumers and merchants across Europe. Time to diversify payments?
Sweden says: stash some cash
May 24, 2018
Sweden is distributing a "prepare for war" pamphlet to all households out of fear of rising tensions with Russia. It recommends that all citizens be prepared by having enough non-perishable foodstuff, water, warm clothing and cash.
World Cash Report 2018
May 01, 2018
The G4S 2018 World Cash Report is out and cash is still the most universal and widespread payment method.
Reaching out to the unbanked: Doxo & Coinstar
April 25, 2018
The online bill payment provider Doxo has partnered with Coinstar to meet the needs of the under- and unbanked. Customers will now be able to pay their utility bills at any Coinstar kiosk using the Doxo app.
Canadians are protesting against ATM closures
April 17, 2018
Canadian villages are protesting against the Credit Union Desjardins that is closing ATMs and bank branches across Quebec.
High-denomination Banknotes in Circulation: A Cross-country Analysis
April 13, 2018
The Reserve Bank of Australia's March 2018 Bulletin tackles the issue of growing demand for high denomination banknotes in Australia, Canada and the United Kingdom.
PayPal wooing the unbanked
April 11, 2018
PayPal will soon allow customers to undertake traditional banking services via its online platform, including withdrawing cash at ATMs and cashing payday checks.
War on cash in quicksand
April 09, 2018
The statement that large denominations are mostly used by criminals and tax evaders is unfounded as no data points in one or the other direction. Larry White gives a good overview of the current arguments for or against cash.
Cashless push fails in Spain
April 06, 2018
The Government of Cantabria in Spain made an attempt to promote cashless payments, but businesses and the public quickly showed a preference for cash.
Cashback in France
March 20, 2018
Cash will now be even more accessible in France thanks to the newly amended cashback policy.
BIS report shows cash going strong
March 16, 2018
The BIS quarterly review shows that cash in circulation has grown from 7% of GDP in 2000 to 9% in 2016.
Petro vs cash: Venezuela’s crippled economy
March 06, 2018
Although Venezuela might be the first country to launch a digital currency, it is not helping ordinary citizens who find it difficult to carry out ordinary daily purchases due to the tragic unavailability of cash.