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Banks turn to ATM pooling strategies 3h | By Mark Aldred, Head of International Sales Banks turn to ATM pooling strategies The amount of cash being circulated through ATM networks is now rising in aggregate, while the numbers of ATMs reduce. RBR’s Global ATM Market and For.View article 3d | By Aoife Morgan, Journalist Google steps into the banking sector The tech giant is looking to use its technologies to solve banking problems Read More.View article 3d | By Michael McCaw, Editor Kalifa, Crosswell: UK must harness and develop res. The UK government must prioritise the protection and expansion of the country’s fintech markets, according to Ron Kalifa and Charlotte Crosswell, co-a.View article ....
Big and small retailers with stores around the UK including Aldi, John Lewis and Lloyds Pharmacy have made a public commitment to accept cash as a method of payment by signing up to the Which? Cash Friendly pledge. The pandemic has had a dramatic impact on the Uk’s already fragile cash system. The closures of bank branches and free-to-use ATMs have continued at pace, while worries about the safety of handling notes and coins (since debunked by the Bank of England ) have led some businesses to refuse to take cash. With life getting back to normal, we want to ensure that shoppers that need to use cash are able to. So we’ve launched the Which? Cash Friendly pledge – a public commitment retailers can take to signal to customers that they welcome cash payments. ....
Banking boost for residents as Lanarkshire cash hub opens Cambuslang was left without any banks after several closures in 2017. Updated Sign up to FREE email alerts from Daily Record - Subscribe When you subscribe we will use the information you provide to send you these newsletters. Sometimes they’ll include recommendations for other related newsletters or services we offer. OurPrivacy Noticeexplains more about how we use your data, and your rights. You can unsubscribe at any time. Thank you for subscribingWe have more newslettersShow meSee ourprivacy notice A Lanarkshire town that was badly affected by a lack of access to banking facilities has received a boost after an innovative new hub launched in the area. ....
Share Eight locations across the UK were previously chosen to take part in an access to cash trial after contactless payments slashed ATM use by 60 per cent amid the pandemic. Towns selected for the Community Access to Cash pilot initiative largely have ageing populations, including Rochford in Essex, Ampthill in Bedfordshire and Denny in Scotland where 16 per cent of the population is over 65. Natalie Ceeney, who led the CACP initiative, previously told Radio 4 that it is unclear whether or not cash use will bounce back as more businesses adopt contactless only payments during the pandemic. ATM use unsurprisingly went down dramatically during lockdown, it went down by about 60 per cent across much of the UK, she said. We know that a lot of shops have started preferring cashless transactions. ....