Tagged: cash

March 9, 2026 @ 2:53 pm By Omar Faridi  |  

Airwallex, the global financial platform built for modern enterprises, has officially rolled out its innovative treasury product, Yield, to businesses across the United States. Announced recently this month, the expansion marks a significant milestone as the company’s Yield offering has already exceeded US$1 billion in… Read More

March 8, 2026 @ 4:04 pm By Omar Faridi  |  

A recent survey reveals a significant shift in payment habits on UK high streets, with one in seven shops—equivalent to 14%—having eliminated cash acceptance over the past 12 months. Conducted by Link, the UK’s primary ATM and cash access network, the research polled 1,116 small… Read More

January 11, 2026 @ 3:05 pm By Omar Faridi  |  

BNY (NYSE: BK) has launched new digital cash capabilities by enabling the on-chain mirrored representation of client deposit balances on its Digital Assets platform. Announced recently, this initiative represents the first concrete step in BNY’s strategy to tokenize bank deposits, paving the way for real-time,… Read More

November 13, 2025 @ 2:04 pm By Omar Faridi  |  

TreasurySpring, the globally-accessible cash investment platform, has recently announced a collaboration with Eurex, an operator of a Repo Trading Venue and a Central Counterparty (CCP), and Clearstream, a provider of post-trade services, both fully owned by Deutsche Börse Group. The collab reduces operational and time… Read More

October 24, 2025 @ 1:40 am By Omar Faridi  |  

Younger investors residing in Australia are said to now be increasingly allocating a greater portion of their existing investments to high-yield cash accounts amid rising market volatility. Between 2023 and 2025, investor allocations to term deposits and high-yield savings rose from 9 per cent to… Read More

August 4, 2025 @ 11:31 am By Omar Faridi  |  

The UK financial sector is navigating a transformative period, with evolving consumer preferences, regulatory changes, and technological advancements shaping the industry. Recent updates from UK Finance highlight key developments in consumer readiness for digital finance, improvements in Cash ISA transfer efficiency, priorities for motor finance… Read More

July 28, 2025 @ 9:08 pm By Omar Faridi  |  

Australians reportedly made $160 billion worth of payments with their mobile wallets last year, as they continue to embrace the convenience of digital banking. The Australian Banking Association’s 2025 ‘Bank on It’ report reveals digital payments continue to surge with “over four billion mobile wallet… Read More

July 28, 2025 @ 11:29 am By JD Alois  |  

The greenback remains king, but the use of physical cash continues to decline as digital payments, typically made via credit/debit cards, continue to grow. As newer forms of payments like stablecoins emerge, two US Senators want to ensure cash will be accepted for purchases at… Read More

July 14, 2025 @ 10:28 pm By Omar Faridi  |  

The Bank of England has announced a comprehensive review to ensure continued access to physical currency, particularly for the most vulnerable members of society. This decision comes amid reports that some Britons, especially those reliant on cash for daily transactions, are increasingly facing challenges as… Read More

March 24, 2025 @ 11:15 am By Omar Faridi  |  

Standard Chartered (LON: STAN) announced the launch of its whitepaper titled ‘Frictionless reconciliation and allocation of cash: Can the adoption of ISO 20022 XML turn this dream into reality?’(Opens in a new window). Developed in partnership with Zanders, the whitepaper offers perspectives and seeks to… Read More

February 27, 2025 @ 9:06 am By Omar Faridi  |  

The European Payment Study by management and technology consultancy BearingPoint reveals shifts in payment behavior across European countries. While cash usage continues to dominate transactions in German-speaking countries, it is “steadily declining across the continent.” In Germany, Austria, and Switzerland, cash remains the “most frequently… Read More

November 27, 2024 @ 8:37 am By Omar Faridi  |  

Nearly a quarter (22%) of UK adults have experienced card and phone payment issues in the last six months, with over two-thirds saying it’s made them more likely to carry cash, according to research from KPMG UK. Although the majority (76%) of UK consumers are… Read More

November 22, 2024 @ 10:31 am By Omar Faridi  |  

Research from NatWest reveals the fast pace of change in the payments behaviors of consumers across the United Kingdom. As digital payments become more available, in 2024, merely 8% of adults report that they still use cash and coins “all of the time,” according to… Read More

October 14, 2024 @ 8:11 am By Omar Faridi  |  

Norway, which is globally recognized as one of the world’s most cashless societies and economies, appears to have made it simpler to settle transactions with cash. In what appears to be a significant change in the trend towards avoiding cash transactions, the government and reserve… Read More

July 28, 2024 @ 10:42 pm By Omar Faridi  |  

Businesses in the UK can access Lightyear’s new business accounts and start putting their money to work through cash interest and investments on the platform. This comes as the neobroker releases analysis “on new Bank of England data highlighting the increase in the total amount… Read More

July 28, 2024 @ 10:21 am By Omar Faridi  |  

Revolut, the global fintech with more than 9 million UK customers and 45 million internationally, announced the launch of cash deposits for all UK clients. This update from Revolut comes after the recent news that the Fintech firm has received a UK banking license. With… Read More

July 25, 2024 @ 12:37 pm By Omar Faridi  |  

The UK’s Financial Conduct Authority confirms its plan to protect access to cash for consumers and small businesses. Banks and building societies will need “to weigh up if local communities lack access to cash services, like branches and ATMs, and plug significant gaps, under new… Read More

June 27, 2024 @ 8:47 am By Omar Faridi  |  

Mintos is introducing Mintos Smart Cash to help clients with earning up to 3.75% on their cash. Mintos Smart Cash is described as “a new way for investors to earn attractive returns on cash.” This new offering from Mintos lets investors “earn returns on their… Read More

December 3, 2023 @ 3:09 pm By Tony Zerucha  |  

This week, Mastercard released findings of its study of Latin American consumer payment preferences. The announcement was part of the Mastercard LAC Innovation Forum. Over the past few years, the use of various alternative payment methods has increased; 77% of consumers have used electronic payments, with… Read More

September 2, 2023 @ 10:11 am By Omar Faridi  |  

Whether consumers have swiped, tapped, dipped, waved a wrist or held a device near a card reader at a retail location in recent months, the chances are good “that they’ve used some form of digital, point-of-sale (POS) payment option in addition to cash.” According to… Read More