Cash & Payment News

The July issue of Cash & Payment News™ – our sister publication, which analyses how cash is used and the wider payments eco-system – focuses on:

• Financial inclusion

• Cash cycle resilience

• The use of various forms of Artificial Intelligence (AI) in the world of central banks and finance

• The latest Central Bank Digital Currency (CBDC) developments, particularly the Bank for International Settlements (BIS) second Polaris report on CBDC security and resilience.

The Dutch National Bank (DNB) has issued a working paper that focuses on those who are known to use more cash and to understand why as well as what their relationship is with digital payments. The conclusion is that the need for cash is real, it is not just a preference.

The International Association of Currency Affairs (IACA) ran a workshop on resilience with its members at the Currency Conference and there were also two presentations on the subject in the agenda. Interesting take-aways include the importance of the retailer in determining the future of cash and the switch of cost to operations and away from capital expenditure. We cover the payment end of the Currency Conference here, including the changing nature of cash in many areas of the world.