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Cash & Crises
Happy Cash Photo Competition : over 1,000 entries and 10 days to go.
October 17, 2017
The collection of pictures offers a unique journey in the world of cash and illustrates the numerous social, economic and artistic attributes of cash.
US Federal Reserve to digitize cash logistics
September 29, 2017
The Federal Reserve Banks will adopt global standards for supply chain logistics and package tracking to ensure that depository institutions have sufficient supplies of currency and coin to meet public demand.
A year of cash innovation
September 01, 2017
Reviewing a year of innovation in the cash cycle.
OECD Approves Cash-Based Response in Practical Guide for Humanitarian Professionals
August 25, 2017
As cash gets more and more attention from international humanitarian agencies, the OECD has decided to put its stamp of approval on the innovative form of assistance by publishing a guide on cash-based humanitarian response planning.
About ‘The Macroeconomics of De-Cashing’ 2/2
August 11, 2017
“Cash has been created as the historically most convenient form of money, and carrying cash in the wallet is often perceived as a fundamental human right.” writes Alexei Kireyev. He adds that "de-cashing should not be lead by the public sector."
The Future of Cash: An Asian Perspective
August 07, 2017
Three reasons why banks should embrace cash
July 28, 2017
Cash sets a floor to negetive interest rates. Without cash, central banks could provide digital currencies to the public and compete with retail banks. Consumers actually want it.
Out of the box: digital to cash
July 20, 2017
Need cash but don't have time to walk to the nearest ATM? No worries, the Sonect app can easily show you which shops in your immediate vicinity can give you cash by simply using your smartphone!
Privatisation of cash is not the ‘pro-poor’ solution it pretends to be
July 17, 2017
The payments industry has cleverly used the aid sector as a ruse, a Homeric ‘Trojan Horse’, to gain access to key governmental decision-makers around the world whom they would otherwise find difficult to reach. These contacts have been ruthlessly exploited to pursue their global ambition of a cashless society.
Is Visa so desperate for business they need to pay merchants to go cashless?
July 14, 2017
Visa US. is taking the war on cash to the next level. In a new initiative to encourage businesses to go cashless, Visa will be awarding up to $500,000 to 50 eligible small business food service owners who commit to stop accepting cash.
Why a ‘cashless’ society would hurt the poor: A lesson from India
June 29, 2017
A sociologist analyses the importance of cash for low-income labourers in India. The research shows how cash contributes to structure community life by creating durable social bonds that function like contracts.
In Defense of Cash
June 21, 2017
Economist Pierre Lemieux contradicts Kenneth Rogoff's arguments to ban cash due to its use in criminal activity and constraining effect on monetary policy. Banning cash would not only inconvenience a lot of people, it would also come with many new regulations and controls, including against crypto-currencies and pre-paid cards.