Month: May 2018

Size matters in Canada – denominations are function specific

Banknote denominations affect people’s demand for physical cash. A study by the Bank of Canada has highlighted a trend in deposit behaviour between interest rates and deposit behaviour. The working paper looked at the probability that as interest rates increase, users are more likely to deposit high value notes C$1000 (US$783) and less likely to deposit smaller […]

Read More

ATMIA & ATM Security Association publish MOU

Negotiations on business collaboration and joint coordination of security related activities for the ATM industry already started Utrecht, the Netherlands / London, United Kingdom / Sioux Falls, United States of America – The ATM Security Association for Enhanced Technology and the ATM Industry Association (ATMIA) have signed a Memorandum of Understanding (MoU) for a closer […]

Read More