Author: Spinnaker

ATM physical attacks on the increase

EAST has just published a European Payment Terminal Crime Report covering 2018 which reports that ATM physical attacks have risen for the fourth consecutive year. ATM related physical attacks rose 27% when compared with 2017 (up from 3,584 to 4,549 incidents).  Within this total ATM explosive attacks (including explosive gas and solid explosive attacks) were […]

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Amazon Go stores now accept cash

Earlier this week Amazon took the decision to accept additional forms of payment at it’s cashier free stores. In addition to the accepted forms of electronic payment, customers can now pay with old-school cash and ‘Amazon Cash’. This allows users to pay cash into their Amazon accounts and so run a balance. Payments can be […]

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New Jersey bans cashless stores

From Ars Technica: On Monday, New Jersey Governor Phil Murphy signed a bill banning cashless retail stores and restaurants in the Garden State. Murphy’s signature makes New Jersey the second state in the US to ban cashless stores, after Massachusetts banned them in 1978.  

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Is cash really at risk of disappearing?

The Access to Cash review would have us believe that cash in the UK will be nothing but a memory as we ‘drift’ toward a cashless society. Without action, people will be left behind as the UK becomes ‘cashless’. Gareth Shaw, Head of Money, Which?, said: “We have been warning for years of the risk […]

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Spinnaker contributes to The Parliamentary Review

Every year The Parliamentary Review’s September launch brings together the most creative and inspiring voices across business, industry, education and the public sector to share insight, encourage best practice and help organisations confront the challenges of an ever-changing political landscape. Co-chaired by Lord Blunkett and Lord Pickles, The Review features commentary from senior politicians including […]

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“Flip, look and feel”

The Royal Bank of Canada has launched it’s new $10 banknote. The polymer uses a vertical design and features  Viola Desmond, a successful black Canadian businesswoman and social justice advocate. The note was first revealed on International Women’s Day (8th March) and entered circulation on November 19th. Details about the security features can be found […]

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Swiss National Bank payment survey.

“Cash accounts for 70% of all payment transactions in Switzerland and 45% of transaction values.” The results of a survey conducted by the Swiss National Bank have been published and the findings challenge the popular (mis)conception that cash is on the way out. “Overall, the survey paints a picture of multifaceted use of payment methods […]

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Currency Associations welcome decision by EU to suspend legislation on Cash Payment Limitations

Currency Associations welcome decision by EU to suspend legislation on Cash Payment Limitations “No link between cash and the financing of crime and terrorism” Brussels, June 20, 2018 Associations related to cash and currency ATM Industry Association (ATMIA), European Security Transport Association (ESTA), European Intelligent Cash Protection Association(EURICPA), International Currency Association (ICA) andIntergraf,  welcomed the decision by the […]

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Ulster Bank reveals new ‘portrait’ design banknotes

Ulster Bank revealed a new series of portrait style banknotes this week. The new design will be vertically oriented (portrait) and will be themed ‘Living in Nature’. The £5 note will focus on the sea and migration and features Strangford Lough and Brent Geese. The new £10 note will emphasise growth of agriculture and heritage, […]

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