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.
Nigeria Continues Crackdown on Cash Economy
Nigeria Continues Crackdown on Cash Economy
January 05, 2023  |  Cash

Nigeria will ban cash withdrawals from government accounts from March 1. Modibbo Tukur, the chief executive of the Nigerian Financial Intelligence Unit (NFIU) said the...

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Italians Twice as Likely to Use eWallets for eCommerce Transactions
Italians Twice as Likely to Use eWallets for eCommerce Transactions
January 04, 2023  |  Digital Payments

Italian consumers are twice as likely to use a mobile wallet online compared to in-store. On a global scale, Italy emerged fourth in mobile wallet...

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Croatia Adopts Euro as Eurozone Economy Faces Multiple Headwinds
Croatia Adopts Euro as Eurozone Economy Faces Multiple Headwinds
January 04, 2023  |  Payment Methods

Having passed the last remaining legal hurdles, Croatia officially joined the eurozone on Jan 1. The European Union (EU) member became the 20th country to...

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No Cash Equals No Bank Robberies in Denmark
No Cash Equals No Bank Robberies in Denmark
January 04, 2023  |  Cash

Denmark recorded zero bank robberies in 2022 as it continued moving towards a cashless economy. Robbers in the Scandinavian country have moved away from bank...

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Report: Italian Government Easing Merchants’ Digital Payment Woes
Report: Italian Government Easing Merchants’ Digital Payment Woes
December 21, 2022  |  Digital Payments

The Italian government has backed a plan to lower digital payment fees for retailers. The measure, part of the country’s 2023 budget, would impose a...

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CFOs Say They’re Taking 3 Key Lessons Into New Year
CFOs Say They’re Taking 3 Key Lessons Into New Year
December 20, 2022  |  CFO

This past year was one of accelerated change for the CFO office. Businesses emerged from the COVID-19 pandemic, many of them bruised, only to be...

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Italy U-Turns on Policy Supporting Cash Payments
Italy U-Turns on Policy Supporting Cash Payments
December 19, 2022  |  Cash

The Italian government has scaled back plans to promote cash payments. After announcing in its 2023 budget that it would scrap fines for merchants that...

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Bank of England Outlines New UK Access to Cash Regime
Bank of England Outlines New UK Access to Cash Regime
December 14, 2022  |  Bank Regulation

The Bank of England has outlined plans to ensure cash remains available in the U.K. In anticipation of its expanded remit to protect access to...

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Nigeria Cuts ATM Cash Withdrawals and Urges eNaira Use
Nigeria Cuts ATM Cash Withdrawals and Urges eNaira Use
December 06, 2022  |  CBDC

The Central Bank of Nigeria has redefined ATM withdrawal limits to encourage digital currency usage. In a Tuesday (Dec. 6) press release, the CBN said...

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