Latest News

Astrid Mitchell

24 Aug. 2023

4 min read

Enshrining the Right to Cash in Law

In the June issue of Currency News™, our lead article was on laws to protect cash gaining momentum, with specific reference to the euro and a proposal on legal tender status for notes and coins. This month we look at some developments on an individual country basis in Europe regarding enshrining the right to cash in law, both within and outside the eurozone.

Cash Handling

Astrid Mitchell

31 July 2023

2 min read

Cash & Payment News

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

Cash Handling

James Shepherd-Barron

31 July 2023

3 min read

Cash Goes Bananas

The Cavendish banana, the world’s most consumed fruit, is at risk of extinction due to climate change, viruses and unsustainable agricultural practices. The banana’s decline, suggests Tortoise Media, a UK news organisation, ‘is yet another flashing red light in an economic ecosystem that has ruthlessly prioritised convenience over resilience.’

Cash Handling

Astrid Mitchell

2 July 2023

2 min read

Cash & Payment News

Cash & Payment News™ is our sister publication and, in its coverage and analysis of how cash is used and the wider payments eco-system, is a perfect complement to the issues covered by Currency News™.

Cash Handling

Astrid Mitchell

2 July 2023

4 min read

Laws to Protect Cash Gain Momentum

The European Commission, the European Union’s executive arm, has published a proposal on the legal tender status of euro banknotes and coins. The proposal is part of the Single Currency legislative package which also includes a legal text on a digital euro.

Cash Handling

James Shepherd-Barron

31 May 2023

3 min read

Cash is as Important as Food

As the crisis in Sudan appears to be sliding inexorably towards civil war, the UN and its non-governmental partners are planning for a protracted humanitarian catastrophe.

Cash Handling

Astrid Mitchell

23 April 2023

4 min read

The Drop in Demand for New Banknotes – New Predictive Models Needed

Whilst we have reported in the last two issues on broadly positive financial results for the cash management sector, the same cannot be said of the banknote production side of the industry, as De La Rue’s recent trading update shows.

Banknotes Cash Handling Free Free

Astrid Mitchell

1 March 2023

6 min read

Preparing for Future Crises in Germany

Germany has been working over the past three years on a project known as BASIC, which aims to strengthen the resilience of the cash supply infrastructure in the event of an emergency or crisis.

Cash Handling Central Banks

Astrid Mitchell

1 March 2023

7 min read

How Ukraine is Managing Cash in a War

Whilst the Russian invasion of Ukraine exactly one year ago may have come as a surprise to many, it certainly didn’t to the Ukrainians themselves, who as early as Autumn 2021 were taking steps to minimise risks to the cash supply chain and decentralise the storage of cash stocks in anticipation of major disruption.

Cash Handling Substrates, Features

Astrid Mitchell

22 Dec. 2022

3 min read

EU Moves Ahead with Proposals for Uniform Cash Limits

The European Union has announced a set of new directives to limit the amount of cash and crypto transactions in a move, it says, that will crack down on money laundering and terrorist financing.

Cash Handling

Astrid Mitchell

4 Oct. 2022

2 min read

Glory Launches Two New Cash Recycling Solutions

Glory Global Solutions is acknowledged as the leader in teller cash recycling solutions, with 100,000 units installed worldwide and a market share, according to RBR, of 56%.

Cash Handling

Astrid Mitchell

4 Oct. 2022

2 min read

US Cash Supply Chain Gets Ready for Cash Visibility

Cash Visibility – the Federal Reserve’s program to automate the cash supply chain – is at the point of rolling out.

Cash Handling

Astrid Mitchell

29 June 2022

3 min read

The Cash Paradox? Is It All About to Change?

Both before, during and since the two years of COVID, the industry has become very aware of what has become known as the cash paradox, identified as the continued growth of cash in circulation compared with a country’s GDP, despite its declining use for payments.

Cash Handling

Astrid Mitchell

23 Dec. 2021

6 min read

Cash Access in a Less-Cash World

In the November issue of Currency News™, we covered initiatives in Australia and the Netherlands to assess the growing trend to digital payments and what these countries are doing, or beginning to think about doing, to ensure ongoing access to cash in a less-cash world.

Cash Handling

Astrid Mitchell

29 July 2021

2 min read

Philippines Keeps the Cash Circulating During COVID, and Saves on Costs

To ensure adequate supply of cash during the pandemic, the Bangko Sentral ng Pilipinas (BSP) outsourced 62.2% of banknotes from foreign printers in 2020, printing only 34.7% locally.

Cash Handling Central Banks