A survey of UK consumers by LHV Bank finds growing frustration with both traditional and digital banks.

May’s edition of Cash & Payment News™ reported on a recent Bank of Canada staff paper updating a previous study on access to cash in Canada. Hot on its heels is a new paper that moves the topic forward.

The Nordic countries – Finland, Sweden, Norway, Denmark and Estonia – are reacting to risks to the payment system by working together on offline payments.

The latest US survey and diary of consumer payment choice compared October 2023 with October 2024.

Auriga, which creates omnichannel banking software, has published a white paper on a net zero cash management strategy. The paper starts by raising the question of just how green digital payments actually are before going on to focus on cash.

A Centre for Economic Policy Research paper has focused on the need for central banks to be financially resilient.

In the US Marqeta is now working with Green Dot so that Green Dot’s money movement network allows customers and businesses the ability to deposit cash to bank accounts at more than 95,000 locations nationwide. Marqueta and Green Dot are fintechs.

‘In light of the deteriorating security situation in Sweden and our neighbouring region, both public and private actors need to urgently step up their efforts to create a payments market that can withstand disruptions,’ says the Riksbank governor.

In the fast-changing world of financial technology, companies that once soared can just as quickly find themselves in free fall. AGS Transact Technologies, a prominent player in India's digital payments and cash management sector, is currently at the centre of a developing crisis that has sent shockwaves through the industry.

In the context of the decline of cash usage in Sweden, the Deputy Governor of Sweden’s Riksbank, Aino Bunge, has emphasised the need for regulation to protect the status of cash at a seminar in Sweden’s parliament.