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News in Brief

Bangko Sentral ng Pilipinas (BSP) has reorganised to combine its cash department and its payment department.

News - April 12, 2021 midnight

Payment News

Google Pay is changing. The existing Google Pay will shut down in the US on 5 April and a new app has to be downloaded if you want to continue paying with Google on your phone.

News - April 12, 2021 midnight

New Initiative to Ensure Universal Access to Payments

Payments in their many guises are essential to the way we all live our lives, to buy bread and milk, to heat or homes and to do many other things. Around the world the majority of people take payments for granted and are able to choose the payment option that suits their needs for the particular transaction. However, many people don’t have this choice and have to rely on a single payment method, and this is very often cash.

News - March 5, 2021 midnight

News in Brief

On 26 January the European Court of Justice (ECJ) gave its judgement on the Hessischer Rundfunk case.

News - March 5, 2021 midnight

CPN is Going Online... and Weekly!

Reconnaissance International (RI), co-publisher of Cash and Payment News™ (CPN), is pleased to announce that it is moving to a new online platform incorporating a weekly newsfeed service alongside the monthly newsletter.

News - February 2, 2021 midnight

News in Brief

In the UK a company called BitcoinPoint has acted to make owning and using bitcoins easier. They are collaborating with the independent ATM operator Cashzone, who run 16,000 ATMs across the UK.

News - February 2, 2021 midnight

Payment News

Cardtronics runs 285,000 ATMs in 10 countries, making it the world’s largest operator of non-bank cash machines. This Houston based company is a major player in the cash industry but is now being pursued by two companies, firstly Apollo Global Management and Hudson Executive Capital and secondly NCR.

News - February 2, 2021 midnight

Cash Essentials Launches Cash Glossary

Cash Essentials, the independent initiative that seeks to provide a platform for debate about the payments and monetary ecosystems, has published its first edition of a Cash Glossary. The aim is to give the cash industry a shared vocabulary relating to payments and the cash cycle.

News - February 2, 2021 midnight

Payments in Brief

Wholesale Central Bank Digital Currencies (CBDC) are a less talked about element of the CBDC conversation, perceived as more operational than revolutionary. However, the Bank for International Settlements (BIS) has successfully concluded a proof-of-concept project with the Swiss National Bank (SNB) and SIX to explore the performance of the technology to integrate a tokenised digital asset and central bank money.

News - January 4, 2021 midnight

News in Brief

Allied Universal has offered 245 pence in cash for each G4S plc share and agreement on the terms of the offer have been reached. This values the company at £3.8 billion, representing a premium of about 68% to the closing price of G4S shares on 11 September 2020, and an 11% premium to the highest closing price in the previous year. GardaWorld had offered 235 pence per share, some 4% less. G4S Directors intend unanimously to recommend that their shareholders accept the offer.

News - January 4, 2021 midnight