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
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 2023Use of Mobile Payment Means at the Point of Sale
The five countries who spend the most using mobile payments at the point of sale are China, America, the UK, France and Japan.
Digital Payments - 31 Jan 2023When is Money Real? When It Hurts to Spent It
The Dutch National Bank has issued a working paper considering the implications of moving to non-cash payment methods, if any.
Country Profile - 31 Jan 2023Universal Access to Payments Required
The Bank for International Settlements (BIS) has created an open access database of data relating to retail payment for 95 countries from September 2019 to June 2022.
Cash Usage - 31 Jan 2023European 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 2023CBDC Round-Up
SICPA has entered into a strategic partnership with the INX Digital Company with the aim of helping governments develop innovative and sovereign Central Bank Digital Currency ecosystems.
CBDC - 31 Jan 2023What is DeFi?
The UK’s Information Commissioner’s Office has written a report which, amongst other things, considers the privacy implications of Decentralised Finance (DeFi).
Studies, Reports - 31 Jan 2023WBS to Focus on Contingency, Crisis Management and Sustainability
The 2023 World Banknote Summit (WBS) takes place 20-22 February in Antwerp.
Events - 31 Jan 2023Payment 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 2023Sweden 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 2023An 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 2023Optical & 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 2023Cash Works… But It Could Work Even Better!
Cash Works… But It Could Work Even Better! This is the title of the Koenig & Bauer Banknote Solutions white paper on cash innovation & sustainability.
Cash Usage - 31 Jan 2023The 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 2022Bank of England Reports Cash Recovery
The Bank of England published in its quarterly bulleting an update on cash. The headlines were that cash has made a partial recovery.
Central Banks - 28 Dec 2022MAS 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 2022The Impact of a Move to Mobile Payments
Does paying with mobile digital payments increase consumers’ marginal propensity to consume? If there is to be an increase in the use of mobile payments this has implications for consumers, merchants and governments. A paper from Claremont Graduate University sets out to answer this.
Digital Payments - 21 Dec 2022How 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 2022News 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 2022UK 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