Is cash really at risk of disappearing? Posted on 8th March 2019 by Spinnaker 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 […] Read More
Swiss National Bank payment survey. Posted on 24th July 2018 by Spinnaker “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 […] Read More
Currency Associations welcome decision by EU to suspend legislation on Cash Payment Limitations Posted on 29th June 2018 by Spinnaker 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 […] Read More
Ulster Bank reveals new ‘portrait’ design banknotes Posted on 13th June 2018 by Spinnaker 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, […] Read More
Switzerland wins International Bank Note of the Year award for second consecutive year Posted on 11th June 2018 by Spinnaker The International Bank Note Society (IBNS) voted to select the Swiss National Bank as the winner of the “Bank Note of the Year Award” for 2017. With nearly sixty other candidates, the Swiss 10 Franc edged out designs from Fiji, Royal Bank of Scotland and Canada. The 10 Franc is the fourth hybrid/polymer bank note […] Read More
Join us at HSP LatAm Posted on 4th June 2018 by Spinnaker Spinnaker will be exhibiting at High Security Printing Latin America next week. Join us in the Dominican Republic to learn more about intelligent cash protection and it’s role in combating cash loss. HSP LatAm link Read More
Size matters in Canada – denominations are function specific Posted on 15th May 2018 by Spinnaker 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 Posted on 2nd May 2018 by Spinnaker 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
Our latest video “Secure Innovation” goes live! Posted on 13th April 2018 by Spinnaker We are pleased to announce that our new video has just gone live and can be viewed here. Read More
Spinnaker visits Jakarta for SSB Asia Posted on 22nd March 2018 by Spinnaker Spinnaker was in Jakarta this week, exhibiting at the Self Service Banking event organised by RBR. Mac & David have had a very busy couple of days presenting and taking questions about our unique ATM protection solutions and how they can be best deployed to protect against physical attacks. Read More