At the Coin Conference in Lisbon Martina Horakova, Managing Director, International Mint Industry Association (IMIA), presented European Economic Area (EEA) legislations and proposals ‘in favour’ of cash access and acceptance.

In September Franz Seitz and Gerhard Rösl published a paper laying out the challenges and risks faced by cash in countries moving to being less cash societies. It is a tour de force providing both facts and arguments about what can be done. It provides the context and the arguments for the future of cash discussions heard at every conference this autumn – ATMIA, Coin, Retail Branch Transformation, High Security Print.

At the ATMIA Europe & Emerging Markets conference in October Thierry Lebeaux, Secretary General of the European Security Transport Association (ESTA) presented about the impact of less cash in the euro area on the cash in transit industry. Dr Rüdiger Voss also presented on the European Commission Euro protection and euro cash.

Pascal Wicht, Strategic Designer at SICPA, presented at October’s ATMIA conference on the social role of cash, particularly for Gen Z. This work forms part of the International Currency Associations (ICA) programme of understanding and advocating for cash by going beyond the pure retail and payment functions of cash.

The third DENARIA Conference took place in Madrid on 24 April, hosted by the Spanish Federation of Municipalities and Provinces (FEMP). The focus was on financial inclusion, and how cash can ensure a fair, inclusive and secure digital transition, particularly in a country where cash continues to be the main payment method for a very significant number of citizens.

The end of the ‘cash era’, announced by The Economist 15 years ago, has not arrived. On the contrary, in a contactless but crisis-ridden world, cash is leaving wallets and taking refuge in mattresses. This article from Marc Schwartz, Chairman and CEO of Monnaie de Paris, was first published by Cash Essentials.

Innovation in contactless payment technology, the COVID-19 pandemic, increased e-commerce, and enhanced transparency, security, and convenience have transformed the retail payment markets in the last few years.

A new CashEssentials paper addresses the questions ‘Is cash a public good?’ and ‘Is it a basic right?’ with the aim of clarifying the debate and advancing policy recommendations.

Why would JPMorgan Chase spend billions of dollars expanding its branch network while in the UK every retail bank is closing bank branches? Why would the Bank of Ireland invest heavily in new ATMs and refurbished branches while the UK looks at hubs and pods to serve their customers?

Digital payments can feel inevitable, sweeping all before them. A range of recent news items suggest this isn’t true.