Cash/page/4 news and trends

Convenience Drives Non-Cash Users to Pay With Card
Payment Methods // April 19, 2024

For consumers no longer carrying wallets full of cash, ease and convenience are top of mind, PYMNTS Intelligence reveals. By the Numbers The June 2023 PYMNTS Intelligence study “Consumer Inflation Sentiment Report: Consumers, Cash and the Inflationary Economy” drew from a survey of more than 2,100 U.S....

Supreme Court Decision Puts Spotlight on ATM Usage
Legal // April 15, 2024

The U.S. Supreme Court made a significant decision in a complicated case regarding ATM fees Monday (April 15), putting the spotlight on the use of cash and access to it. While ATMs represent a decidedly analog approach to personal finance, data and anecdotal evidence show...

Germany to Deliver Benefits Via Payment Cards Rather Than Cash
Disbursements // April 12, 2024

The German parliament approved legislation Friday (April 12) that calls for benefits to be delivered to asylum seekers on payment cards rather than cash.  This change is meant to limit how these migrants can use the benefits, AP reported Friday. The payment cards will only be able...

Travelex Brings ‘Click-and-Collect’ FX Service to Hong Kong
Travel Payments // April 03, 2024

Foreign exchange brand Travelex says it has launched its online click-and-collect service in Hong Kong. The new offering, announced Wednesday (April 3), lets customers purchase their travel cash in advance online, reserving more than 30 currencies, including the U.S. dollar, the British pound, the Japanese Yen and...

Interviews & Exclusives
Supreme Court Decision Puts Spotlight on ATM Usage

April 15, 2024
The U.S. Supreme Court made a significant decision in a complicated case regarding ATM fees Monday (April 15), putting the spotlight on the use of cash and access to it. While ATMs represent a decidedly analog approach to personal finance, data and anecdotal evidence show that ATMs are still a preferred option for millions of […]

Old School Fraud: Counterfeit Cash Makes Global Comeback

March 15, 2024
While we were all watching online fraud, social engineering and ransomware, an old school financial crime tactic is rearing its ugly head. Counterfeit banknotes are making a comeback back all...

Cash Secures Future as Lawmakers Prioritize Inclusive Payment Methods

March 12, 2024
The recent move by Norway to enact rules ensuring consumers’ ability to pay with cash reflects a growing concern over the potential exclusion of certain segments of the population who...

Travelex CEO Says Travelers Getting Smarter About Managing FX Risks

March 07, 2024
The travel industry is on a strong rebound post-pandemic, experiencing a notable resurgence in activity and revenue. And despite the rise of digital payments methods, Richard Wazacz, CEO at foreign exchange...

Quick Reads
Wells Fargo Launches Business Credit Card With Cash Rewards

May 10, 2024
Wells Fargo has launched a business credit card designed to provide easy-to-understand cash rewards. The new Signify Business Cash Worldwide Elite Mastercard offers unlimited 2% cash rewards on business purchases, with no annual fee and no caps or categories to track, the financial services company said in a Thursday (May 9) press release. “Business owners told us that cash […]

Germany to Deliver Benefits Via Payment Cards Rather Than Cash

April 12, 2024
The German parliament approved legislation Friday (April 12) that calls for benefits to be delivered to asylum seekers on payment cards rather than cash.  This change is meant to limit...

Travelex Brings ‘Click-and-Collect’ FX Service to Hong Kong

April 03, 2024
Foreign exchange brand Travelex says it has launched its online click-and-collect service in Hong Kong. The new offering, announced Wednesday (April 3), lets customers purchase their travel cash in advance online, reserving...

Cannabis Businesses Find Themselves Cut Off From Banking System

April 02, 2024
More than half of all Americans live in a state that has legalized marijuana. All the same, legitimate cannabis businesses still find themselves dealing with the same problem as drug...