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Optical & Digital Document Security Hits the Phygital Nerve

Registration for the second Optical and Digital Document Security™ conference is now open, with a programme that demonstrates the importance of this event in bringing together people involved in developing digital systems for identity and financial transactions with the more traditional security document community.

Events - 31 Jan 2023

News in Brief

The Fraunhofer Institute has been working on a project known as BASIC since January 2020, which aims to strengthen the resilience of the cash supply infrastructure in the event of an emergency or crisis.

News - 31 Jan 2023

KBBNS Teams with SONECT for Access to Cash

Koenig and Bauer Banknote Solutions (KBBNS) has signed a new partnership with the virtual ATM company SONECT as part of its strategy to help reinvent the way we move, access and manage cash in society.

Cash Management - 31 Jan 2023

Increasing CBDC Monetary Policy Impact

An important CBDC topic is its impact on a central bank’s ability to implement monetary policy. A technical paper by the BIS examines the possible impact of paying interest on CBDCs, or enabling CBDCs to compete with other payment methods in terms of convenience.

CBDC - 31 Jan 2023

An ABC of Carbon Offsetting

There will be very few organisations that can eliminate carbon emissions completely, and most organisations are going to take a number of years to get anywhere close.

Free - 31 Jan 2023

Sweden Future Proofs Payments

Sveriges Riksbank has issued its 2022 Payments Report into the retail payments market. The report underlines the wide-ranging activities of the Riksbank to support the needs of all sectors of society when it comes to payment.

Country Profile - 31 Jan 2023

Payment News

At the beginning of September, the Central Bank of Nigeria (CBN) revised cash withdrawal limits as part of its campaign to increase the use of electronic payments. Feedback on the limits has led it to update its original Circular.

News - 31 Jan 2023

European Round Up

Italy is looking at possible compensatory measures to help retailers pay card fees following its change of heart on reducing cash limits.

Country Profile - 31 Jan 2023

The Power of Cash

Two MBA students from the Massachusetts Institute of Technology wanted to give a percentage of their income in cash to impoverished people. They had studied the impact of government schemes in Mexico and Brazil and the results led them to want to take the same approach.

Free - 28 Dec 2022

MAS Investigates Retail CBDCs

Until now the Monetary Authority of Singapore (MAS) has concentrated on wholesale Central Bank Digital Currencies (wCBDC), which are used with financial institutions.

CBDC - 28 Dec 2022

CBDC Round-Up

The Swiss Innovation Hub of the Bank for International Settlements (BIS) has started project Tourbillon, which will explore how to improve cyber resiliency, scalability and privacy.

CBDC - 21 Dec 2022

Reflections on Cash

An article by Tristan Dissaux - ‘The Social Role of Money in an Age of Digitalisation' - pulls together much of the debate and thinking around the payment tension created by digitisation. As we end 2022, it is a good time to reflect on this.

Future of Cash - 21 Dec 2022

How Ukraine is Managing Cash in a War

The National Bank of Ukraine has maintained the supply of cash and cash circulation to over 1,500 bank branches and more than 3,800 ATMs across the country since Russia invaded in February 2022. The Deputy Governor, Oleksii Shaban, has shared their experience.

Country Profile - 21 Dec 2022

UK Retailers Demand Intervention as Payments Shift to Cards

The British Retail Consortium has just published its 2021 survey of its members who account for 36% of total UK sales from 25,000 shops. While card usage soared, so has the cost of card payments, prompting the BRC to demand emergency intervention by the government to prevent price gouging by the card companies.

Cards - 21 Dec 2022

News in Brief

The EU is introducing a new maximum limit of €10,000 on cash payments as part of a programme to stop money laundering. Individual countries are free to set their own lower limit.

News - 21 Dec 2022