Cash

Cash is money or currency in the physical form, such as banknotes and coins. In accounting and finance, cash is current assets comprising currency or currency equivalents that can be accessed immediately or near-immediately.
Study: 94% of Mexican Consumers Use Mobile Banking
Study: 94% of Mexican Consumers Use Mobile Banking
February 25, 2022  |  Mobile Payments

Mexico is seeing a surge in consumer interest in online payment and banking tools, particularly when it comes to mobile-optimized features. A recent report found...

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Ukraine Caps Cash Withdrawals, Suspends Use of Digital Wallets
Ukraine Caps Cash Withdrawals, Suspends Use of Digital Wallets
February 24, 2022  |  International

Following the declaration of martial law in Ukraine, the central bank suspended the country’s currency markets, stopped the circulation of all securities, limited cash withdrawals...

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Secret Service: Home Depot Worker Swapped $388K Cash with Fake Bills
Secret Service: Home Depot Worker Swapped $388K Cash with Fake Bills
February 08, 2022  |  Security & Fraud

Home Depot worker Adrian Jean Pineda was nabbed by the Secret Service in Tempe, Arizona for allegedly stealing $387,500 in cash by replacing the real...

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The Three Most Important Questions for the Fed on Its CBDC Plans
The Three Most Important Questions for the Fed on Its CBDC Plans
January 24, 2022  |  CBDC

The Fed released its long-awaited paper on Central Bank Digital Currencies last week. After reading it, I don’t get the feeling that even the authors...

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Brink’s, Priority Partner on Digital Cash Solution
Brink’s, Priority Partner on Digital Cash Solution
January 11, 2022  |  Partnerships

The payments technology provider Priority Technology Holdings has launched a partnership with The Brink’s Company that combines both businesses’ services.  The companies announced their collaboration...

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UK Tests Shared BankHubs in Communities With No Branches
UK Tests Shared BankHubs in Communities With No Branches
January 03, 2022  |  Banking

A pilot program between U.K. bank Cambuslang and the U.K. state-owned Post Office could help give more access to in-person banking for those in need,...

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Central Bank of Ireland: Stores Can’t Refuse Cash Payments
Central Bank of Ireland: Stores Can’t Refuse Cash Payments
December 29, 2021  |  Payment Methods

The rapid rise in popularity of digital and contactless payments in Ireland has caught the attention of a leading consumer association when some stores reportedly...

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Cash Still King in Nigeria Despite Digital Drive
Cash Still King in Nigeria Despite Digital Drive
December 06, 2021  |  Cash

Despite the drive for digital payments in Nigeria, cash is still king, with circulation hitting record numbers in October against a backdrop of officials pushing...

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23 New York City Restaurants Under Fire for Refusing to Take Cash
23 New York City Restaurants Under Fire for Refusing to Take Cash
December 05, 2021  |  Cash

New York City has leveled tens of thousands of dollars in fines so far on businesses not taking payments in cash, a New York Post...

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