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Cash & Crises
“Safest means of payment”
May 25, 2016
During this year's edition of the Banknote Conference, Giesecke & Devrient presented a new technology that focuses on intuitive perception for enhanced banknote security.
Mobile wallets enable ATM cash withdrawals
May 25, 2016
Customers will be able to witdraw cash from an ATM, using their Android handsets.
Going cashless: who’s the real loser?
May 24, 2016
The push for a cashless society is far from unbiased - and the greatest losers will be consumers.
Cash plays important role in the UK
May 23, 2016
Britons withdrew £27 million more this year on May Day Friday compared to the same day last year proving that cash has an important role to play in the future of payments in the UK.
Cash: top of the charts in Portugal
May 20, 2016
Portugal has the highest amount of ATMs per capita in the EU and 70% of everyday transactions are carried out in notes and coins.
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.