Counting On Currency’s Cash Per Diem

June 2021 Links

June 25 – 30, 2021

A bumpy road ahead – transformation of payments leading towards cashless societies

Australia – How far do Australians need to travel to access cash?

Bangladesh – counterfeits

Bangladesh – counterfeits 2

Bitcoin Depot Reports 155% Growth in the Last Year for Cryptocurrency ATM Industry

Canada – Consumer Cash Withdrawal Behaviour: Branch Networks & Online Financial Innovation.

China – toward cashless.

Consumers’ Openness to New Methods of ATM Authentication

Coronavirus panic fuels a surge in cash demand.

DeLaRue could be sold as rivals circle Crystal Amber stake

El Salvador – 1500 cryptocurrency ATMs

FBI feared Pennsylvania would seize fabled Civil War gold: Affidavit

Five takes on early US gold coins

Four reasons the ancient coin market is complicated

Ghana has infrastructure to fully go cashless – GhIPSS boss.

Global ATM market to hit $29.3b by 2026

How Cyber Sleuths Cracked an ATM Shimmer Gang

India – counterfeit US$100s

India – postal ATMs

Japan – new 500 yen coin being minted

NCR, leader in multi-vendor software, is first to achieve ATMIA Next Gen Level 2 API Certification

NFC flaws let researchers hack ATMs by waving a phone – Flaws in card reader technology let a security firm consultant wreak havoc with POS systems.

Nigeria – financial inclusion

Senegal – financial inclusion

Switching from cash to cashless payments during the COVID-19 pandemic & beyond.

Switzerland – cash is still king

Tanzania – financial inclusion

The Lazarus heist: How North Korea almost pulled off a billion-dollar hack

The lifecycle of a dollar bill

The world’s most valuable coin

UK – Age UK warn against a cashless society leaving grandparents feeling excluded

UK – Fraudster jailed after trying to use piles of fake £20 notes at shops & train stations

UK – Isaac Newton at the Royal Mint

UK – The new £50 enters circulation, & the paper £20 & £50 will be withdrawn in 2022.

UK – New Alan Turing £50 note enters circulation.

US – 1927 letter changed the faces on future US small-size notes

US Mint coin production in May 2021

US/Maryland – Counterfeit money found in sneaker of traveller arriving from Jamaica

US/Washington – Bitcoin ATMs

Uzbekistan issues new notes as part of updated series

When will cash die?

June 20 – 25, 2021

A Caffeinated Tour of the American Numismatic Society Collection

Albania – new banknote

ATM visits for cash vary by age & gender in the US.

Australia – How Far Do Australians Need to Travel to Access Cash?

Canada ranked #1 country in the world for ‘filthiest money’

Chinese banks roll out 3,000 ATMs that can convert digital yuan to cash.

Croatia – central bank removing some banknotes from circulation

Europe – Cash still king in times of COVID-19

From wallet to bank: the life of a dollar bill

Germany – cash remains very popular

India – NIA arrests absconding Indian currency racketeer in Karnakata FICN case

India – SBI changes rules for cash withdrawal from ATM, branch

Interactive teller machines: banking’s next big thing?

Ireland – why we lose track of spending in a cashless society

Luxembourg – banknote history

Macau – banknote history

Sand & currency from dozens of countries converge in an endless interchange of culture & economics

Scotland – New demand for legal rights to cash – as use of contactless in Scotland soars

UK – cash is not dead, new L50 note will revive demand

UK – Contactless generation are missing out on the value of saving their pennies

UK – ‘My wallet never leaves my bedside’: why cashless will soon be king – Douglas Wood, 35, swipes his phone & goes – as do most people his age & younger.

UK – Rare Edward III 23-carat gold coins lost after the Black Death are found by metal detectorist in Norfolk town

UK – toward cashless

Why Banks Must Be Ready for a ‘Less-Cash’ (But Not Cashless) Future

June 15 – 20, 2021

Bangladesh – Amount of cash outside banking system drops to Tk 1,84,216.3cr

Brinks on US cash usage

DeLaRue – What’s driving its fast-growing authentication business?

FinTech: Cashless societies & post-pandemic growth

Hoard of Medieval Silver Coins Unearthed in Poland

India – ATM penetration to rise as RBI permits higher interchange fee

India – ATM robbery gangs

India – counterfeits

India – Karnataka cops fear deluge of counterfeit currency once unlocking begins

Indonesia – counterfeit smuggler in Borneo loses court appeal

Japan – new 500 yen coin

Japan – Panel concludes Mizuho’s poor system operation caused ATM failures

Lebanon – banknote history

Netherlands – DNB – confidence in cash remains high, even with declining use

Netherlands – DNB – confidence in cash remains high, even with declining use, infographic

New BEP facility in Maryland closer to reality

Southeast Asia – who leads in digital payments adoption & cashless payments

Trinidad-Tobago – polymer notes

UAE – I haven’t seen or used cash in more than a year – & I don’t miss it

UK – Clean Note Policy: A Complete Guide To The Recirculation Of Banknotes

UK – the unusual trial coins go through before ending up in your pocket

UK – Woman transforms dull kitchen into masterpiece for just £75 with 1p coins

US Government’s Failed Attempt to Forge Unity Through Currency – In the late 1890s, the Bureau of Printing & Engraving tried to bridge the divide between silver & gold with a series of educational paper certificates

US – Flip a coin: heads, the penny stays in circulation; tails, it doesn’t

US/Massachusetts – 15 Alleged Gang Members & Associates Charged with Drug Trafficking, Money Laundering & Counterfeiting Offenses

Vietnam – toward cashless.

June 10 – 15, 2021

Armenia – toward cashless

Asia – cashless gaming

Australia – ATM usage resumes its steady decline

Authentication – Using magnetic microparticles to mark objects unambiguously & tackle counterfeiting

Authentication – A Single Magnetic Particle with Nearly Unlimited Encoding Options

Canadian Attitudes Toward ATM Surcharges by Household Income

Concerns over more stores going cashless causes barrier and equity issues

Contactless cards do not (yet) reduce cash demand.

G&D – Embracing digitalized service in the currency industry

India – ATM interchange fees

India – RBI asks banks not to destroy CCTV recordings of the demonitisation period

Japan’s MUFG reports ATM troubles because of system glitch

KAL Is Publishing Free, Open Source XFS SP Framework For ATMs

Latvia – banknote history

Malaysia – toward cashless

Myanmar’s post-coup cash crunch creates a shadow money trade

Nigeria – 36% of Nigerian Adults Are Financially Excluded — Digital Financial Services Bolsters Inclusion.

Nigeria – financial inclusion

Philippines – BSP weighs options for printing complex

Qatar – Got old banknotes? Here’s how to exchange them before July 1

Russia – cash vs digital currency

Singapore – Issuing of banknotes, ATM withdrawals & cheque clearance fall amid rise in e-payments

Sweden leads way to a cashless future – The race is on to embrace digital payments, but is the UK ready?

UK – OneBanks uses G4S for cash and invoice payment services at shared branch kiosks

US Double Eagle gold coin sold for record $18.9m

US Treasury/BEP – environmental impact statement for new currency production facility

US – Put Tubman on the $20 but update the image

Vietnam – toward cashless

What mom & daughter did with 80,000 penny child support payment

What Will Happen When the US Stops Making Pennies in 2023

June 1 – 9, 2021

Are we entering the polymer age?

ATMIA Certifies World’s First Next Gen ATM Product

Banks’ own private currencies in 19th-century America – Before the Civil War local banks issued their own money. It was totally legit, too.

Boss of ATM skimming syndicate arrested in Mexico

Ghana – toward cashless

Have contactless cards affected the use of cash?

Hong Kong banknote history

Hybrid ‘cryptonotes’ could become bridge to digital accounts

India – ATM hacking

India – ATM security, review existing measures to check frauds

India – counterfeits

India – Four arrested for possessing raw material to make fake notes; Rs 4.52 crore seized

India – SBI, new cash withdrawal rules

Ireland – toward cashless

Lebanon – ‘Frozen Dollars’ Are Being Traded In The Lebanese Market Even Through Some Banks

Libya – banknote history

Mercator – webinar – before cash disappears, winning the account takeover battle, 6/8/2021

Myanmar – cash shortage

Philippines – toward cashless

Scotland – Why a ‘Goldilocks’ currency will be the ideal in an independent Scotland

South Africa – how to spot fake R200s

Spain – cashless payments

UK – Cash to be used for just 7% of UK shop payments by 2024

UK – LINK – monthly statistical report, May 2021

UK – Rare 120-year-old Leyburn Bank fiver sells for nearly £2,000

US – Harriet Tubman & the $20

US Sends Bitcoin ATM Operator to Prison for Illegal Operation — 17 Machines Seized

What is a Bitcoin ATM?

World Bank finds contactless cards are not yet displacing cash