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Japan: Cash demand grows during the pandemic
Communication Team
February 25, 2021
Cash in circulation grew by 5% in value in 2020. The growth is due exclusively to the increased demand for the 10,000 yen note, signaling as in many other countries the role of cash as a safe haven in times of crisis.
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Madagascar: Cash & COVID
James Shepherd-Barron
February 17, 2021
Cash Transfers are supporting Madagascar’s poorest and most vulnerable citizens during the Pandemic, but there are unintended consequences.
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What Future do you Want for Cash?
Communication Team
January 28, 2021
The Future of Cash Conference will look at the changing strategic landscape and introduce futures literacy methods to imagine the cash cycle of the future. The event will be held online on 17 & 18 February.
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Cash Glossary: from Acquiring Bank to War on Cash
January 13, 2021
This glossary is designed first and foremost as an educational tool. It aims to help the cash community use the right word in the right situation.
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Institutional Hostility to Cash and Covid-19
January 05, 2021
Economists E. Beretta and D. Neuberger analyse how Covid-19 has boosted commercial incentives and government policies to nudge consumers away from cash. The analysis shows that especially in times of uncertainty, cash cannot be substituted and needs to be safeguarded.
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Sweden Launches Investigation into the Role of the State in the Payment Market
Guillaume Lepecq
January 04, 2021
The Swedish government has announced that a special investigation will review the role of the state in the payment market and take position on what the role should look like in the future. The final report is due no later than November 2022.
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UK: Consumers Call for Government Help in Protecting Access to Cash
Guillaume Lepecq
November 19, 2020
Following the UK Government's announcement to protect the future cash system, a new survey shows that 76% of consumers think that the Government should do more to help people continue to have access to their cash.
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The Court of Justice of the EU asked to Rule on the Right to Pay Cash (Part 2)
Martina Horakova
November 17, 2020
A case before the top European Court could have important implications for the status of banknotes and coins as legal tender and the acceptance of cash. In this second part, we analyse the link between legal tender and the exercise of fundamental rights. We also look at the implications of legal tender for a central bank digital currency (CBDC).
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Australia: The Journey Continues (with Bumps on the Road!)
Paul Blond
November 13, 2020
The dual role of currency both as a store of wealth and means of payment has never been more apparent, as the numbers that report cash on issue and cash use remain dramatically different.
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Riksbank Governor Calls for Further Legislation to Protect Cash
Guillaume Lepecq
October 19, 2020
Riksbank governor calls for stronger legal protection for cash. The Central Bank recommends to review the concept of legal tender. “If it were to be established by law that one was forced to accept cash in Sweden, more of us would probably choose to have cash in our wallets.” says Ingves.
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Banknote Developments at the Global Level – Before and After the Outbreak of COVID-19
Antti Heinonen
October 06, 2020
This year has been very dramatic for the global society. The full effects of the COVID-19 pandemic are still unknown and depend on the length of the exceptional period in various parts of the world.
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Cash & Disease Transmission
Communication Team
September 09, 2020
Cash and Crises, a series of financial literacy video series by CashEssentials releases its sixth episode with a social mission to support the relief and development community in understanding how cash is managed for society in times of crisis.
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