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‘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.

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 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.

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.

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 than before. Cash represents 3.8% of GDP up from 3.3% in 2008.

Antique ATM machines are the highlight of CIB bank's 120th anniversary.

A cashless society would only exacerbate the gap between rich and poor.

Doris Schneeberger believes there is no proven link between crime and the use of cash.

Banning cash would only cause confusion and push companies and consumers to be more inventive with their earnings.

Until a recent class action in California and Massachusetts, Uber didn't offer tipping to its drivers. That's about to change and it might result in cash tips.

Morgan Stanley's most recent Global Insights report focuses on distributed ledger systems and their future in banking and payments.