News in Brief
It appears that Vermont is the latest US state to consider introducing legislation to force cash acceptance.
CPN - April 19, 2024 midnight Read MoreNews in Brief
It appears that Vermont is the latest US state to consider introducing legislation to force cash acceptance.
CPN - April 19, 2024 midnight Read MorePayment News
Payment technology has had a bad time in the UK recently. Four major firms have had IT issues that hit contactless payments– two food outlets (McDonalds and Greggs), two supermarkets (Sainsbury’s and Tesco).
News - April 19, 2024 midnight Read MorePayment News
The second payment methods survey of companies in Switzerland took place in Spring 2023, with 1,750 companies taking part.
News - March 26, 2024 midnight Read MoreNews in Brief
The Federal Reserve has published its 2023 findings on consumer payment behaviour. Confusingly, this is based on the 2022 survey.
News - March 26, 2024 midnight Read MoreNews in Brief
The European Union has developed plans to reduce money laundering. This includes a limit on cash payments of €10,000 (versus €3,000 as previously proposed).
News - February 20, 2024 midnight Read MorePayment News
A new version of the famous Monopoly board game has been created, ‘Monopoly Voice Banking’, that has replaced paper cash with a voice-activated banker.
News - February 20, 2024 midnight Read MoreNews in Brief
Even China isn’t immune from ‘less cash’. One bank, ICBC, has taken action in Taizhou in Jiangsu to remind people about the requirement for merchants to accept cash in its branches.
News - January 25, 2024 midnight Read MorePayment News
A Barbadian bank announced that it will introduce fees from 1 February.
News - January 25, 2024 midnight Read MoreNews in Brief
Perhaps a minority story, but a real life example of the strange things people do with banknotes. In Uganda, there is a trend for florists to design bouquets using banknotes.
News - December 20, 2023 midnight Read MorePayment News
The Chief Minister for Bengal has questioned the government’s focus on cashless transactions.
News - December 20, 2023 midnight Read More