Managing the Cash Cycle Better
A new white paper investigates how cash management is changing and best practice for optimising efficiency, thereby reducing the cost and environmental impact of cash.
Written by Reconnaissance International (co-publishers of Currency News™) and Paul Blond of the Blond Group, with help from the ATM Industry Association (ATMIA), the paper focuses on what happens to cash once it has been issued, because that is where the majority of the environmental impact of cash occurs. It draws on interviews and research with 24 organisations from five continents and every stakeholder involved in the cash cycle to offer case studies and examples of what is being done and to what effect.
What is changing?
Recognising that every country is different, the paper is not prescriptive but offers options and alternatives through a structured approach. The paper starts by considering what is changing and why the paper is needed.
It touches on who should lead when it comes to sustainability and argues that although central banks have both direct and indirect levers of control, in reality, all can play their part.
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