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Cash and Crises
Access to cash
UK: Consumers Call for Government Help in Protecting Access to Cash
November 19, 2020
Following the UK Government's announcement to protect the future cash system, a new survey shows that 76% of consumers think that the Government should do more to help people continue to have access to their cash.
Cash is a Pillar of the EU Retail Payments Strategy
October 01, 2020
On 24 September 2020, the Commission adopted a retail payments strategy for the EU that aims to further develop the European payments market so Europe can fully reap the benefits of innovation and opportunities that come with digitalisation. Maintaining the availability of central bank money is a core element of the strategy.
UK: Link ATM Network Launches new Pilot Cash-in-Shop Scheme to Facilitate Access to Cash
September 30, 2020
The pilot, jointly spearheaded by Link and PayPoint, enables consumers to make free cash withdrawals from participating convenience stores and is part of Link’s efforts to maintain access to cash in remote locations and in the most deprived areas in the UK.
Covid-19 and Access to Cash
September 24, 2020
Reductions in the ability of people to access cash and the increasing cost to business of using cash is likely to increase the risk of financial exclusion for sections of society dependent on cash if not managed. Maintaining access to cash should be part of any aid organisation’s fiduciary risk approach to cash assistance. Cash coordination groups currently active around the world should therefore work with their respective central and commercial bank partners to better understand the political economy of cash as used by their collective beneficiaries.
Does the Cashless Society Discriminate?
August 13, 2020
Recent research undertaken by the Mint Directors' Conference and member mints has confirmed that Covid-19 has accelerated the use of digital payments - and that the move to contactless transactions has thrown the spotlight on inequalities.
Is CashTech the Future of Cash?
July 13, 2020
During our recent webinar, four start-ups introduced their solutions and debated how they plan to address the ongoing challenges faced by cash today and in particular access to and acceptance of cash.
UK Charity Calls on Regulators to Secure Access to Cash through the Pandemic and Beyond
May 18, 2020
Age UK is deeply concerned that the headlong rush towards a cashless society is leaving some older people unable to pay their way. It joins a growing number of associations around the globe calling for universal access to cash.
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.
Cash matters – now, more than ever, in the time of coronavirus
April 16, 2020
Groups representing the currency, ATM, transportation and security sectors call on governments, central banks, media, business and society to stand up for cash.
The Cash Agenda for 2020 (2/3)
February 26, 2020
Franz Seitz, Professor at the Ostbayerische Technische Hochschule in Germany, discusses the challenges for 2019 and the priorities for 2020.
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.
United Kingdom: Visa to Improve Access to Cash
January 28, 2020
Visa will pay shops to offer cashback in rural locations in the United Kingdom.