Counting On Currency’s Cash Per Diem – March 2021

March 26 – 31, 2021

A cashless world is in plain sight.

A slim wallet is how I learned to ditch cash – A lowly Ziploc bag was the first step. Maybe digital driver’s licenses will mean I’ll have no wallet at all someday.

After a year of COVID-19, data from Square show cashless business share more than doubles

ATM Fees and Management Costs Drive Government Prepaid Card Costs

Australia – 1 in 4 businesses now cashless

Cashless systems have a cost

Cayman Islands – counterfeits

Diebold Nixdorf Recognized by RBR as the Global Leader in Total Application & Monitoring Software for the ATM Industry

Digital currency vs paper currency.

Dominica & Grenada – polymer substrate notes

Future of ATMs in banking

Gender inequality on the world’s currencies

Guatemala – banknote history

Guyana – banknote history

India – counterfeits in Mumbai

India – how money evolved

India – The Return of Cash with the Declining Effect of Crisis: Rise & Fall of Digital Payments in India post Demonetization

Ireland – ATM card skimming

Kuwait – CBK advises the public on the proper handling of banknotes

Loomis acquires SecurePost, the cash handling business of the Swiss Post Group

Nepal – counterfeits

Philippines – 8 arrested for fake US dollars

Saudi Arabia: Gang busted with US$500,000 in counterfeit bills

Spain – 37 arrests in a hit on counterfeiters of high quality €500 fake banknotes

UK – BofE unveils new £50 note

UK – Bank of England’s Textured Bills Help Blind People Tell Them Apart

UK – Cash usage falls by over 50% but will remain stable until 2030.

UK – Cash usage falls by over 50% but will remain stable until 2030, report.

UK – Closer to a cashless society? Lincoln city centre sees big drop in the number of cashpoints since lockdown

UK conversion to polymer substrate

UK – Metal detectorists charged after discovering 1,000 Iron Age gold coins

UK public isn’t giving up cash just yet.

UK – Rare Edward VIII £5 coin sells for record-breaking £1.65million at auction

UK – toward cashless

US – Historic 1822 Half Eagle Sold for $8.4 Million Sets New Auction Record

US – Mint coin production, February 2021

US – putting Harriet Tubman on the $20 may take years, here’s why

US – Massachusetts paper money of 1690, first banknotes in the British North American colonies

US/California – $100k in counterfeits at LAX

March 19 – 25, 2021

ATMIA – webinar – Next Gen ATM Certification Journey, 3/24/2021

ATMIA Launches Cash Hub to Highlight the Importance of Cash

Australia – cash demand during Covid 19

Australia – Cashless Debit Card extended to Northern Territory

Australia – RBA opened a contingency banknote site during the pandemic ($)

Bulgaria, US Secret Service in counterfeit money raid

Cash is most dominant in Romania, Egypt, Kazakhstan, Bulgaria & Ukraine

Currency initiative: The ECB & US Federal Reserve’s CDI2 standards ($)

Currency manager – National Bank of Ukraine ($)

Currency services – Crane Currency ($)

India – ATMs go dry on second day due to bank workers strike

Iran – new banknote

Liberia – new banknotes

Our Favorite Payment Type for P2P Transactions; Cash

Post offices & financial inclusion

Rare Chinese note highlights April 5 Hong Kong auction

Seigniorage through Periodic Recoinage: When the Validity of Money Was Restricted in Time

Singapore – Face verification can better secure ATM transactions, although new risks may emerge

Spain – ¼ of people would not miss paper money

Spectra Systems annual profit rises on solid revenue growth

Sweden – Risk of Cash Crunch Leads Sweden to Expand Handling of Banknotes

The battle of overt features

The paradox of banknotes: understanding the demand for cash beyond transactional use.

UK – Cashless future for London Underground? Mayor refuses to rule out contactless future

UK – how Covid changed UK’s relationship with cash

UK – Identifying banknote fingerprints can stop counterfeits on streets.

UK – Anti-Counterfeiting for Polymer Banknotes Based on Polymer Substrate Fingerprinting

UK – make cash machines free & unleash L6 billion in high street spending

UK – Over 340 ATM’s closed every month in Britain amid COVID-19 pandemic

UK – rare ‘faceless’ £10 note withdrawn from cash machine could net pensioner a fortune

US – evolution of the dollar bill

US institutions face money laundering risks with cash payments

US/Massachusetts – Bulgarian national pleads guilty to ATM skimming

Why cash payments are not always the best way to help poor people

Will cash be king in a post pandemic world?

Yellen provides signature for paper currency

March 14 – 19, 2021

After one year of Covid-19, new Square data reveals the share of cashless businesses has more than doubled.

Australia – counterfeits

Australia – counterfeits smuggled in from China

Banks show increasing interest in pooling and sharing ATMs

BigCast Network – podcast – cash has a future.

Canada /BC – counterfeit bust

Cashless cash: financial inclusion or surveillance humanitarianism?

DeLaRue pack demonstrates security techniques in series

Does animation help authentication?

Egypt – Central Bank to issue new polymer banknotes by mid-year

Finland – Otto cash machines to offer €10 notes amid decline in ATM use – The ATMs have only offered €20 & €50 notes since Finland introduced the euro nearly two decades ago.

Ghana – Islamic microfinance & financial inclusion

India – NCR enables interoperable UPI at ATMs

India – Rs2000 notes not printed in the last 2 years

India – the mystery of the vanishing Rs2000 notes

Jamaica – Mastercard & financial inclusion

Malaysia – cost pressures drive banks to consider sharing ATMs

Philippines – on ATM transaction fees

Philippines – BSP – satellite broadband & financial inclusion

Polymer vs paper, an update

Rwanda – new ATMs

Scientists develop new magnetic nanomaterial for counterfeit money prevention

Scientists develop new magnetic nanomaterial for counterfeit money prevention, the paper

Six facts about money that will leave your head spinning

Sri Lanka – counterfeit ring busted

Swedish Viking hoard: how the discovery of single Norman coin expands our knowledge of French history

Thailand – How the USA lost bid to print Siamese 1 Tical/Baht banknote

Uganda – toward cashless

UK – 7 rarest old coins including London Mint sovereign that could be worth up to £25,000

UK – British start-up working to secure ‘coinless’ future for cash

UK – Shrap – Alternatives to sleepwalking (or stampeding) into a cashless society, paper

UK – Withdrawals at ATMs nearly halved in 2020 but cash is still the key method of payment for millions

US – Bitcoin ATMs at gas stations

US – finest known O-104 1825 Half Dollar in Stack’s Bowers March Las Vegas Auction

US – He owns world famous stamps & a prized coin. now he’s selling.

US – Only legal 1933 Saint-Gaudens gold $20 double eagle in June auction

US/Oregon – Romanian skimmers sentenced to jail

US/Texas – man who schemed in debit card/ATM thefts, Gregory Jean-Louis sentenced to 20 years

What can the faces on its currency tell us about a country?

March 7 – 13, 2021

Australia – disappearing cash

Australia – the profit to be had from 50c coins (1969)

Australia – ‘Instant money’: ATM comes to Australia (1969)

Baii – arrests in US counterfeit case

Banknote expert Larry Felix & cryptocurrency pioneer Peter Vessenes partner to create bitcoin banknotes

Canada – counterfeit warning in NW Saskatchewan

Changes in Portraiture on Ancient Roman Coinage

Don’t Buy Prop Money Until You’ve Read This!

EAST Publishes Fraud Update 1-2021

Ethiopia gives 12 extra days to change old banknotes in restive Tigray region

Honduras – 5 Lempira banknote

India – ?50, ?500 notes now cheaper to print; ?10, ?20, ?100 pricier

India – 18^th century gold coins worth ?1.30 crore seized by police

India – Bangladeshi gangs robbing ATMs in Delhi

India – banks start closing down offsite ATMs, prefer onsite services

India – counterfeits

India – on women & financial inclusion

India tops the list of countries that are for cashless economy – 79% Indians in favour

Iran – CBI unveils new 50,000-Rial banknote

Namibia’s N$30 commemorative banknote nominated for Banknote of the Year Award

Nanotech launches LiveOptik PROTECT Security Foil for Brand Protection

Nepal – Govt minting Rs 2 coins at the cost of Rs 2.52

Nigeria – digital wallets & financial inclusion

Philippines – 7/11 rolls out cash recycling ATMs

Philippines – BSP on financial inclusion

Philippines – toward cashless

Pros & cons of an increasingly cashless society

Rethinking ATM infrastructure

Singapore – toward cashless

South Korea – mobile wallets & cashless payments

Sri Lanka – central bank & financial inclusion

Sri Lanka – New Rs. 20 coin to replace Rs.20 note

UK – British people aren’t ready for a cashless society

UK – Calls for more women to appear on banknotes

UK – Exceptionally rare £5 gold coin made for Edward VIII’s short-lived reign is tipped to sell for over £1 million

Ukraine – toward cashless

US – only 2 in 10 Americans favor a cashless society

US/Pennsylvania – treasure hunters seek answers from FBI regarding fabled Civil War-era gold – Newly-released documents confirm the feds went digging for gold in Elk County, but they deny finding anything

Venezuela – hyperinflation pushes Venezuela to print 1,000,000-Bolivar bills

Venezuela launches 1 million Bolivar banknote worth 50 US cents amid 2,665% inflation rate

World’s most innovative banknotes, 2021

March 1 – 6, 2021

Accelerating payments, is cash still relevant

Australia – Woolworth’s drops controversial cashless experiment

Canada – Cash & COVID-19: The Effects of Lifting Containment Measures on Cash Demand & Use

Canada – counterfeits in Owens Sound, Ontario

Cash & crises: No surprises by the virus

China wants to take the entire country cashless — and surveil its citizens even more closely

China – toward cashless

Coins on graves, why?

Dear mom, forget the cash – An IMF economist explains central bank digital currency to his mother

DOGE is now supported at 1,800 ATMs in 45 US states

Full-service remote ATMs can eliminate branches & costs

Genmega partner to deliver next generation ATM functionality

Germany – a unified Deutschemark

Glory – automating cash processing operations in the branch, infographic

India – black market for Rs2000 notes

India – Hitachi adds 1000 white label ATMs in 5 months

India – on exchanging damaged notes

Ireland – fake €50 notes

Ireland – Irish central bank to gain stronger anti-counterfeiting powers ($)

Israel – BoI conducts nationwide drill of currency system to prepare for an earthquake scenario

Japan’s Mizuho halts service at card-eating ATMs

Latin America – ‘Ploutus’ Malware Targets ATMs

Libya – polymer substrate note

Metabase Q uncovers new strain of ATM malware in Latin America

Mexico – MYHSM future proofs RedBlu’s ATM infrastructure

Somalia – toward cashless?

Spain – counterfeits

Spectra Systems sees 3.5x increased demand of banknote authentication orders from central banks

Ten coins I’d love to own

The Countries Most Likely to Support a Cashless Society

UK – only 26% of Brits want a cashless society

When is an overt feature too big?