Innovation

Even if political and monetary reforms had a major impact during the second half of the 20th century, the main reason for issuing new banknote series or an upgrade has been the security enhancement of the notes. The constant efforts of the industry have provided good opportunities for this. The issuers can select between various substrates and use several different optically variable features to make the reproduction of the notes difficult.

The Reserve Bank of New Zealand will launch and fund trials to test new ways for consumers and merchants to withdraw and deposit cash, including coins, at little or no cost.

The winners of this year’s CashTech Innovation Awards include Managecash Personal (Türkiye), Cash Perks (UK), and the Donation Dollar by the Royal Australian Mint (Best CashTech).

The CashTech Innovation Awards aim to recognise innovations that facilitate access to and acceptance of cash and improve the cash cycle's overall efficiency. Submissions are open until 31 September 2023.

Clip Money, DBS Bank, Koenig & Bauer Banknote Solutions, and Sonect were the first recipients of the CashTech Innovation Awards, presented by CashEssentials at the Future of Cash Conference in September.

The CashTech Innovation Awards aim to recognise innovations that facilitate access to and acceptance of cash and improve the cash cycle's overall efficiency. Submissions are open until 31 August.

Cash Talks is a series of webinars debating critical trends and issues in the cash space. The third Cash Talk focused on CashTech, the encounter between cash and technology, and discussed whether and how it can play a larger role in the future cash cycle.

Cash Talks is a series of webinars debating critical trends and issues in the cash space. The third Cash Talk will focus on CashTech, the encounter between cash and technology, and discuss whether and how it can play a larger role in the future cash cycle.

Elsewhere on the Web provides weekly updates and links to articles related to cash and money, curated on the web. Last week, several articles raised the question of banknote sourcing and sovereignty, and The New Statesman reviewed how innovation can improve access to cash.

Elsewhere on the Web provides weekly updates and links to articles related to cash and money, curated on the web. Last week, the future of money was a hot topic, and several Latin-American banknotes were rewarded for their excellence in design and security.

CashEssentials’ ‘CashTech Forum’ brings together innovators, start-ups and scale-ups leveraging software and technology, to provide improved cash services and enhance the efficiency of the cash cycle.

Payments service provider Paysafe has announced the acquisition of leading CashTech company Viafintech. Meanwhile, former Viafintech shareholder Gory invests in shared bank branch startup, OneBanks. The transactions demonstrate growing investor interest in CashTech.