Cash Infrastructure

CashEssentials will be hosting a seminar on the Future of Cash at the ATMIA Europe and Emerging Markets in London on 8 October 2024 It will bring together stakeholders to discuss new strategies for shaping the cash ecosystem of the future - including the ATM infrastructure.

Proposals from the financial services watchdog to protect and widen cash access are "a good start but could go further" argues the Federation of Small Businesses. Cash infrastructure should be considered a public good.

Cash prevails in the Palestinian economy in the form of Israeli shekels. Cross-border payments are unstable. Cash transfers will have a limited impact without humanitarian supplies to help displaced Gazans.

The Australian Competition and Consumer Commission (ACCC) has approved the merger of the two largest cash in transit companies, Linfox Armaguard and Prosegur Australia. The merger will create a single cash logistics provider, operating under the Armaguard name, with an estimated market share of more than 90%.

The smooth circulation of coins is a pain point in the cash cycle. The RBI innovates by deploying vending machines to enhance access to coins.

Crises such as the Covid-19 pandemic and the Russian invasion of Ukraine demonstrate the importance of a resilient cash cycle. Several countries are taking measures to further secure the supply of cash in times of crisis.

A massive winter storm caused widespread power outages across the United States. Cash demonstrated its resilience during the blizzard in the worst-affected Buffalo area.

After record growth in 2020, global demand for banknotes has returned to a normal situation. More recently, rising inflation and increasing interest rates have been negatively impacting cash balances. More concerning is the decreasing transactional use of cash, which puts pressure on the cash infrastructure. The cash community should make the case that cash is part of a critical public infrastructure, the maintenance and development of which should be financed accordingly.

In 2021, global cash demand returned to a normal pre-covid distribution, which is quite remarkable after the exceptional growth in 2020. Looking forward, demand will be influenced negatively by rising interest rates and positively by geopolitical tensions. More than ever, a well-functioning cash infrastructure is essential to meet volatile demand.

In this eight episode, James Shepherd-Barron talks to Brett Scott about his latest book 'Cloud Money'. In a wide-ranging discussion, they take a deeper look at the political economy of cash and the ideology driving the erosion of cash-based systems.

Cash helps Brits keep calm and carry on during the worst squeeze on living standards in 60 years.

In this seventh episode, James Shepherd-Barron sits down with Luis Oro, Director of Innovation at Prosegur Cash, to discuss cash, how it moves around in less developed countries and its role in society.