Latest News

857 articles online

All Access to Cash AI Apps ATMs Bank Branch Cards Cash Centre Cash in Circulation Cash Management Cash Usage CBDC Central Banks CIT Coins Commercial Banks Country Profile COVID Crime Cryptocurrency Data Analytics Digital CN Digital Payments Editorial Events Free Future of Cash News Payments POS Resilience Retail Stablecoins Staff Papers Studies, Reports Surveys Sustainability

John Winchcombe

22 Feb. 2022

2 min read

The Truth Behind the Cashless Headlines

A recent post highlighted how misleading the constant stream of headlines about a cashless society is. Going cashless makes for wonderfully shocking, attention-grabbing headlines.

Cash Usage

John Winchcombe

22 Feb. 2022

3 min read

Survey of Swiss Companies on Payment Methods

The Swiss National Bank (SNB) conducted a survey of 2,000 companies in the summer of 2021, representative of every industrial sector and region of Switzerland.

Surveys

John Winchcombe

22 Feb. 2022

5 min read

Access to Cash: a European Perspective

Cash Essentials recently ran the first in a series of ‘Cash Talks’ looking at access to cash with reports from AGE Platform Europe, the European Retail Payment Board (ERPB), the Dutch National Bank (DNB) and LINK.

Events

John Winchcombe

22 Feb. 2022

4 min read

Book Review: Shades of Sovereignty

For the first time in two centuries, since the establishment of central banks began, the definition of money is being reviewed. In that context Paul Wilson’s book – ‘Shades of Sovereignty: Money and the Making of the State’ – is a useful read.

Editorial

John Winchcombe

10 Feb. 2022

4 min read

Japan’s Paradox of Banknotes

While cash transactions in Japan have been declining for some time, albeit from a high base, the reduction in opportunities to pay in cash and the increased use of ‘stay at home consumption’ during the pandemic has accelerated this decline. At the same time the ratio of banknotes to GDP has risen very significantly.

Cash Usage Country Profile

John Winchcombe

10 Feb. 2022

3 min read

Taking the Mystery Out of AI in Cash Management

Artificial Intelligence (AI) needs explanation if it is to be more than a buzz word. A recent article in the Asian Cash Management Association (ACMA) journal by Joep Van den Brink from PlanFocus Software threw some light on it in the context of cash management.

Cash Management

John Winchcombe

9 Feb. 2022

6 min read

A Focus on Stablecoins Today and Their Future Potential

The Board of Governors of the Federal Reserve System has published a paper on the growth potential and impact on banking of stablecoins. The paper explores what stablecoins are, their risks and their possible uses, including a look at the future.

Digital CN

John Winchcombe

4 Feb. 2022

5 min read

Lord’s Sceptical about CBDCs

The UK’s second parliamentary chamber, the House of Lords, has reviewed the work of the Bank of England and Her Majesty’s Treasury Taskforce that is working on the potential for introducing a retail Central Bank Digital Currency (CBDC) in the UK.

CBDC Digital CN

John Winchcombe

28 Jan. 2022

4 min read

CBDC News

The Banque de France, the Swiss National Bank and the Bank for International Settlements (BIS) Innovation Hub have completed a cross-border wholesale CBDC experiment. Known as Project Jura, the experiment used tokenised assets on a distributed ledger (DLT) platform to settle cross-border transactions.

CBDC Digital CN

John Winchcombe

28 Jan. 2022

4 min read

Shoe Leather Costs of Cash Withdrawals in Canada

The Bank of Canada wanted to understand the impact on cash withdrawals if people had to pay more to access cash. Staff working paper 202128 considers this question.

Cash Usage Country Profile

John Winchcombe

28 Jan. 2022

2 min read

Full Steam Ahead for Banknote & Currency Conference in February

The Banknote & Currency Conference will take place, in person, on 21-24 February in Washington DC. Four weeks prior to the event, overall attendance matches the same stage prior to the 2019 Currency Conference, with particularly strong numbers of central banks and printworks.

Events

John Winchcombe

28 Jan. 2022

3 min read

The Risks of Digital Payment Crime

Four recent stories about digital payment crime highlight the changing profile of financial crime from payment cards to cryptocurrencies.

Crime

John Winchcombe

28 Jan. 2022

3 min read

The Political Economy of Central Bank Independence

Seigniorage income has long been a central bank source of finance which, if allowed to be retained, means central banks do not require direct funding from the government of the day in their country.

Central Banks Free Free

John Winchcombe

28 Jan. 2022

7 min read

Lessons Learnt Managing a Declining ATM Estate

As the number of ATMs and use declines, authorities face challenges relating to competition policy and appropriate regulations. The Bank of Finland is no exception and has written about their experience and the extensive academic work done on this topic.

ATMs Country Profile

John Winchcombe

28 Jan. 2022

5 min read

Payment News

Amazon has decided to continue to accept Visa credit cards in the UK, reversing its decision to stop on 19 January. The reason for the change of heart is not clear but it is assumed that Amazon will have negotiated price concessions from Visa.

News

John Winchcombe

28 Jan. 2022

4 min read

News in Brief

Fear of COVID-19 transmission by banknotes remains in Taiwan despite the worldwide research that demonstrates the risks are extremely small, no more than touching any other object in a public space.

News

John Winchcombe

28 Jan. 2022

3 min read

A Prediction for the Future of Money

A CoinDesk columnist, J P Koning, has bravely made five predictions about the future of money.

Future of Cash

John Winchcombe

21 Jan. 2022

7 min read

BIS Working Paper 989: 'CBDCs in Latin America and the Caribbean'

The Committee on Payments and Market Infrastructure carried out a survey of central banks in Latin America and the Caribbean asking about their work on CBDCs on behalf of the Bank for International Settlements.

CBDC Digital CN

John Winchcombe

13 Jan. 2022

3 min read

Can CBDCs Increase Financial Inclusion?

Peterson Ozili has written a paper looking at the possible benefits of bringing the unbanked into the formal financial sector. In addition to listing the arguments for and against, he also includes a literature search outlining their key conclusions.

CBDC Digital CN

John Winchcombe

6 Jan. 2022

4 min read

Bank of Canada Staff Working Paper 2021-63: 'Central Bank Digital Currency and Banking: Macroeconomic Benefits of a Cash-Like Design'

The Bank of Canada has considered what the impact of introducing a cash-like, deposit-like or universal CBDC would be on consumption, banking and welfare.

Digital CN

Latest News

The Truth Behind the Cashless Headlines

Survey of Swiss Companies on Payment Methods

Access to Cash: a European Perspective

Book Review: Shades of Sovereignty

Japan’s Paradox of Banknotes

Taking the Mystery Out of AI in Cash Management

A Focus on Stablecoins Today and Their Future Potential

Lord’s Sceptical about CBDCs

CBDC News

Shoe Leather Costs of Cash Withdrawals in Canada

Full Steam Ahead for Banknote & Currency Conference in February

The Risks of Digital Payment Crime

The Political Economy of Central Bank Independence

Lessons Learnt Managing a Declining ATM Estate

Payment News

News in Brief

A Prediction for the Future of Money

BIS Working Paper 989: 'CBDCs in Latin America and the Caribbean'

Can CBDCs Increase Financial Inclusion?

Bank of Canada Staff Working Paper 2021-63: 'Central Bank Digital Currency and Banking: Macroeconomic Benefits of a Cash-Like Design'

Sign Up to Cash & Payment News Weekly

Almost there!