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Cash and Crises
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.
Why Covid-19 Should Change the Way we See Cash
April 02, 2020
In a short period of time, the Covid 19 pandemic has caused immense human suffering and major economic damage. But what if Covid 19 was a virus that would infect the Internet and limit its functionality to such an extent that payment systems would no longer work? Preventive measures are needed to contain this danger.
Coronavirus: Beware of Cash Scams
March 29, 2020
The South African Reserve Bank is warning citizens against scammers ‘recalling cash contaminated with the coronavirus’.
The Cash Agenda for 2020 (3/3)
March 18, 2020
Te Pūtea Matua, the Reserve Bank of New Zealand has engaged in a three-year Future of Cash programme aimed at scoping the dynamics of cash use and assessing whether there is a role to act in either preserving the cash system for future years or meeting the needs of cash users in other ways.
World Wildlife Day: On the Hunt for Banknotes
March 03, 2020
As we celebrate World Wildlife Day on 3 March, enjoy and journey through an expedition of banknotes across the world featuring beautifully varied wild plants and animals.
Getting Real about Central Bank Digital Currency (CBDC)
February 23, 2020
As Sweden's Riksbank announces it has begun testing an e-Krona, Aleksi Grym, Head of Digitalisation at the Bank of Finland offers a reality check on ongoing developments with Central Bank Digital Currencies.
UK Banks have Saved £120 Million by Closing ATMs
February 10, 2020
According to consumer Association, Which? the closure of ATMs have saved UK banks £120 million in ATM interchange fees and cost consumers £104 million in surcharging.
Payments and Cash in Europe: the Start of a New Decade
February 03, 2020
Despite swelling numbers of digital transactions, cash retains a large slice of the payment mix. Banks are being assigned the role of stewards for cash distribution. But this requires a debate as to what cash services banks and other stakeholders render to the public and at what cost.
Multiplier Effects: How US$1,000 Cash Transfers benefited Kenya’s poor
December 17, 2019
Charity GiveDirectly gave US$1,000 each to poor households in Kenya, resulting to US$2.60 in additional spending or income for every US$1 cash delivered.
Watch: Pre-paid card payments and settlements amidst natural disasters
December 12, 2019
Cash and Crises, a series of financial literacy audiographics by CashEssentials releases its fourth episode with a social mission to support the relief and development community in understanding how cash is managed for society in times of crisis.
Why smartphone gambling is on the up among African millennials
November 25, 2019
Today, smartphones are more than just a device used for communication. For young African millennials, engaging in sports gambling is all in reach with just a swipe of one's finger. A 2017 GeoPoll survey found that up to 54% of sub-Saharan African youth between 17 and 35 years have engaged in sports gambling. Read the full article on The Conversation.