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Banking industry commits to supporting customers who depend on cash
UK Finance and the largest retail banks and building societies have made five commitments to continue to preserve access to cash for consumers and businesses over the long term.
This move provides certainty that cash access will be available for individuals and businesses to both withdraw and deposit cash, now and in the future.
READ MORE...
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Atlanta Fed Establishes Committee on Payments Inclusion
The committee, a public- and private-sector collaboration sponsored by the Federal Reserve Bank of Atlanta, will work to advance ubiquitous access to safe, efficient, and inclusive payments for everyone. Payments innovations such as digital wallets, mobile payments, and person-to-person payment apps offer convenience to many consumers and businesses.
READ MORE...
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Access to Cash Pilots Pick Up Speed in the UK
The UK’s Post Office is not a bank and does not aspire to be one. However, it does provide essential cash services on behalf of all banks to all communities left behind when banks close. The banks still have a duty to be available for more complex products – typically now served through call centres, or video calls.
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Join Sargent & Greenleaf at the ATMIA US Conference in Las Vegas, June 23-25
ATMs continue to be a major target for criminals. Without the right security, machines are at risk each day all over the world. So how do you keep the criminals out, while preserving a high-quality access experience for your customers? S&G is the leading manufacturer and partner with banking and financial professionals globally by offering secure solutions specific to their needs. Our certified products include:
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- New! I-Series Keypad is a modern hardware that allows for access using keypad, biometric fingerprint and mobile app,
- Designed to eradicate jackpotting, the Digital Hood Defense extends vault security to hood access control,
- A-Series™ with Display which features a one-time locking feature,
- A-Series which requires 2 forms of authentication,
- Audit Lock 2.0 includes an integrated USB port allowing users to download up to 1,000,
- NexusIP™ is a WiFi enabled Smart lock, and
- Titan™ offers a 10-user electronic safe lock
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Which product is right for securing your business? Contact with a product expert today, or visit our ATMIA Booth #509.
To register for the ATMIA US Conference, June 23-25, 2021 at the Mandalay Bay Resort & Casino in Las Vegas, NV, click here.
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Walmart partners with PayNearMe to support cash bill pay in stores
Walmart is adding to its ever-growing arsenal of financial services by providing a way for customers to use cash for digital payments to utility companies and other billers.
The service is being offered through PayNearMe, a company that enables cash-reliant consumers to make bill payments at convenience stores and other locations.
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Notes in circulation go up due to holding of cash amid pandemic: RBI
The Reserve Bank of India on Thursday said banknotes in circulation witnessed higher than average increase during 2020-21, on account of precautionary holding of cash by people due to the COVID-19 pandemic, and its prolonged continuance.
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Kelly Evans: Cash is still king
Wouldn’t it be ironic if at the end of the whole crypto craze and pandemic spending bubble, cash was more attractive than ever?
There are all sorts of tracking and tracing problems that exist... the best option for leaving no trace of spending behavior is the good, old-fashioned greenback.
READ MORE...
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This Month's Newsletter is Sponsored By:
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Sargent and Greenleaf delivers proven security solutions that protect people and assets at home, at work, and in communities around the world. For the past 160+ years, our high-security locks and industry expertise have been trusted by governments, banks, and businesses of all kinds to meet their security needs and counter emerging threats. S&G’s portfolio of high-quality electronic and mechanical locks are used in a wide range of applications including gun safes, commercial safes, ATMs, vaults, and highly sensitive SCIF environments.
S&G has created a unique family of brands that offers a comprehensive portfolio of lock and door solutions to serve a wide range of our customer’s security needs across industries and applications. Through our trusted brands, Delaney Hardware and Premier Steel Doors and Frames, we offer businesses and homeowners high-quality door hardware and fixtures, commercial-grade doors and hardware, and multi-family and residential security solutions.
Together, we are on a mission to make the world more secure today and in the future.
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Celebrate Cash News with Withdraw Cash Wednesday
Cash globally remains the most widely used and popular form of payment today. ATMIA’s goal with the Withdraw Cash Wednesday initiative is to communicate as an industry the many benefits of cash, while combating the negative press cash has received over the last few years to ensure consumers have cash as a payment choice for years to come. This monthly newsletter is geared towards sharing positive cash news reaching more than 10,000 ATM industry readers per month.
Don't miss our recent newsletters:
March 2021 - Sponsored by Fiser
April 2021- Sponsored by Fiserv
May 2021 - Sponsored by Fiserv
View all past Pro Cash Newsletters here.
Follow Withdraw Cash Wednesday on Twitter and share our posts. You can even share your own personal cash story. Please share Withdraw Cash Wednesday news with customers, friends and family to promote cash usage!
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If you're interested in sponsoring the WCW Pro-Cash Monthly Newsletter and reaching over 10,000 emails, please contact Claire Feterl by email or at 605.274.0277.
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