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Business

The ECB's new banknotes send a clear message: Cash isn't going away

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Economy

Keeping cash across Europe: Which countries use the most?

While cash use is declining across Europe, more than half of all payments are still made with banknotes. Its usage share is, however, much lower in terms of value.

Economy

Digital Euro: What is it and why do we need it?

The digital euro aims to preserve the role of cash in the digital era, ensuring secure, inclusive payments and protecting eurozone monetary sovereignty. While it won’t rival the dollar globally, it could strengthen Europe’s financial autonomy.

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Cash shortage forces Gazans to pay high price for their own money

With banks shut and ATMs out of service, Gazans are turning to money repair services or cash brokers who now charge up to 40% commission, deepening a growing economic crisis.

Netherlands

Dutch citizens advised to keep cash on hand in case of emergency

People should keep €70 per adult and €30 per child in cash in case electronic payments systems go down, said the Netherlands' central bank.

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EuroVerify

No, Christine Lagarde doesn't want to scrap cash for climate

A video is being shared on social media which allegedly shows Christine Lagarde, president of the European Central Bank, calling for the abolition of cash in order to reduce our carbon footprint.

Economy

The search for lost change: Belgians urged to empty their pockets

Putting forgotten coins back into circulation can cut government expenditure, as well as helping the environment, Belgians are told.

Germany

Germany limits cash benefit payments for asylum-seekers

The new rule issues migrants a benefit card for local use, limiting cash withdrawals and banning international transfers.

Economy

Cash set to make a comeback for Irish businesses

The policy is part of new legislation from Irish politicians to ensure the public has access to cash so that no shopper is "left behind".

Business

Denmark withdraws 1,000-crown note from circulation

The Scandinavian nation is set to remove the note, its largest denomination, as legal tender in 18 months time.

Economy

Why did $500 million in cash get stuck at Argentina’s main airport?

Argentina has seen a storm of dollar withdrawals ahead of the presidential election this weekend.

Tech News

How one bank’s collapse left health start-ups feeling bereft

SVB served high-risk, high-reward firms. Entrepreneurs fear its downfall will leave a big funding gap and slow down innovation in healthcare.

Money

Amid inflation and a cost of living crisis, is cash making a comeback?

As prices rise, the UK Post Office has seen record levels of cash withdrawals. But does this mean people are turning more to cash and away from cards?

Money

Should your child have a debit card? This firm says yes

GoHenry, a leading company in the child fintech industry, has acquired Pixpay in a bid to reach customers over Europe. What does this industry boom say about how we teach our kids about money?

Tech News

How the UK post office is trying to save cash post-pandemic

The Post Office says in communities across Britain, it's one of the few places where people can get their hands on the actual banknotes.

Money

Despite rise of cards during COVID, cash is still king in Switzerland

Cards are becoming more widely used in the face of COVID. But the Swiss are not ready to give up cash just yet.

Romania

Romania detains 'largest forger of plastic banknotes in the world'

Investigators managed to identify a fingerprint on one of the fake banknotes which helped them track down the suspects.