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Cash & Crises
Collaboration for perfection
May 19, 2016
The collaborative process of banknote design and development is the key to perfection.
The battle of Björns
May 18, 2016
They carry the same name but opposing passions - the Björns of Sweden that fight for cash or, conversely, cashless.
Bolivia to introduce new high-denomination note in new series
May 16, 2016
Going against the current trend of sacking high denomination notes, Bolivia will add a Bs500 to the new series, scheduled for 2018.
Successful Hit Against Bulgarian Euro Counterfeiters
May 13, 2016
The Bulgarian authorities, in close cooperation with Europol, dismantled an illegal workshop which counterfeited 100 euro banknotes. This seizure is one of Europe’s most significant in recent years.
Reserve Bank of Zimbabwe sued over failure to revive currency
May 10, 2016
The Reserve Bank stopped issuing Zimbabwean dollars in 2009, following a period of hyperinflation. The currency was demonetised in 2015. The bank is being taken to the constitutional court on the grounds that it has failed to maintain the stability of the Zimbabwean dollar.
A cashless society won’t happen tomorrow
May 09, 2016
‘Do you trust cash as a mean of payment?’ Most of us have never asked ourselves this question as cash is deeply rooted in our daily lives; sometimes we use it without even noticing. Yet, behind all of our coins and banknotes there is a world of professionals who work to keep cash secure and accessible to all of us.
Why digital money hasn't killed cash
May 06, 2016
Cash is facing increasing competition as a payment instrument from the likes of PayPal, Venmo, Square or Stripe. The paradox is that cash demand is increasing. But not for payments. Demand is driven essentially by its use as a store of value.
ECB ends production and issuance of €500 banknote
May 05, 2016
ECB has decided to discontinue production and issuance of €500 banknote. Europa series of euro banknotes will not include the €500. €500 banknote remains legal tender and will always retain its value.
In the UK, 7.6 million adults save cash
May 05, 2016
According to a survey by Virgin Money in the UK, 7.6 million adults say they are hoarding cash representing an estimated total of £ 1.3 billion.
Banknotes inspire web designers
May 04, 2016
According to digital marketing consultant Julia May, web designers should "think of their project as a banknote" to create more credible and long-lasting designs.
Canadians are holding more cash
May 03, 2016
Canadians are holding more cash than before. Cash represents 3.8% of GDP up from 3.3% in 2008.
120 year-old ATMs attract crowds in Budapest
May 02, 2016
Antique ATM machines are the highlight of CIB bank's 120th anniversary.