disaster recovery

In a proactive move, the EU recommends every household assemble a 72-hour survival kit, including essentials like food, water, medicine, and cash.

While Sudan will require food aid in the short term, the bulk of the response is likely to involve cash transfers. But in what form?

The Austrian National Bank (OeNB) advises storing a small amount of cash at home for emergencies – such as a blackout or cyberattack.

Elsewhere on the Web provides weekly updates and links to articles related to cash, money, and payments curated on the web.

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.

Afghanistan has faced a severe liquidity crisis and financial collapse since the return of the Taliban in August 2021, aggravated by a shortage of banknotes. New banknotes are due to arrive from overseas.

The ATM Appreciation Society announces the world’s smallest ATM as its ‘Extreme ATM of the Year 2022’.

Watch the presentation video by ATMIA of some of the previous years’ top ATMmy’s winners who discuss the strategy, development, and results of their leading campaigns.

After Hurricane Ida’s landfall on the coast of Louisiana, cash remained the most reliable payment instrument during disaster and relief recovery efforts.

Hurricane Ida hit Louisiana in August, 16 years after Katrina. The financial and electronic payments infrastructure shut down due to power outages, leaving cash as the only functioning payment instrument.

Those facing disaster quickly revert to that which they know and trust – the cash economy – whenever they can. This is because they find cash helps them become more resilient by enabling them to determine survival strategies for themselves rather than being subject to political and commercial manipulation.