Hoarding By Design
Understanding the difference between banknotes used for transactions and those used for non-transactional purposes is a perennial issue for central banks.
Free - September 26, 2023 midnight Read MoreHoarding By Design
Understanding the difference between banknotes used for transactions and those used for non-transactional purposes is a perennial issue for central banks.
Free - September 26, 2023 midnight Read MoreFiguring Out Cash Demand
The Banque de France issued a working paper in October 2022 that dealt with a number of fundamental questions about cash, questions that are particularly important in a less cash scenario. The paper addressed not just why people hold cash but why they hold different denominations. As the economy changes, what happens to cash holdings?
Free - August 30, 2023 midnight Read MoreCBDC Conference: from Niche to Mainstream
CBDCs started to become visible in published papers and discussions around 2016. No doubt there was much material before then but the acceleration of interest and activity has taken CBDCs from a niche to main stream media discussions.
Free - August 25, 2023 midnight Read MoreCentral Banks and Big Data and Machine Learning
The European Money and Finance Forum has recently published a useful paper on big data and machine learning in central banks.
Free - July 31, 2023 midnight Read MoreABCD to STSMs – A New Banknote Forecasting Model
With the publication of the IMF paper ‘Measurement and Use of Cash by Half the World’s Population’, and the Cash Essentials rebuttal, a new paper about demand forecasting by the Banca d’Italia is timely and adds to the discussion.
Free - June 26, 2023 midnight Read MoreCash As Important As Food
The UN-facilitated Cash Working Group for Sudan, temporarily based in Nairobi, Kenya, is considering its options. While there will be a short-term requirement for food-aid, the bulk of the response is likely to involve cash transfers. But in what form?
Free - May 12, 2023 midnight Read MoreHungary Legislates on Minimum Requirements for Currency Infrastructure
Anikó Bódi-Schubert and Ágnes Illés Belházy have provided a short summary of the content of the new Magyar Nemzeti Bank (MNB) regulation on the processing and distribution of banknotes, its main motives and its expected impact on domestic cash payments.
Free - April 24, 2023 midnight Read MoreIMF Concludes Cash Usage Falling Globally
While data about digital payments is usually good, measuring cash is problematic. Understanding cash usage is important for regulatory authorities. IMF Working Paper WP/23/62 explores the measurement of cash based on ATM cash withdrawals value as an alternative to the traditional cash in circulation as a proportion of GDP method.
Free - March 27, 2023 midnight Read MoreDutch Struggle with Digital Payments, and Ability to Pay in Cash
At the end of 2011, the Netherlands had 2,654 bank branches. At the end of 2021 this had fallen to 726, and not all of those provided over the counter cash services. At the same time, more than 4% of retailers now inform customers that they don’t accept cash.
Free - February 23, 2023 midnight Read MoreAn 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 - January 31, 2023 midnight Read More