Key facts Roles in the cash system How cash distribution works Because of the BDA and CCF structure, no party has a detailed view of cash distribution or activity. While the BDA approach was historically highly efficient, it has more recently come under scrutiny. The state of play of cash and payments Recent events Our […]
Cash System Spotlight: Australia Read More »
Key facts Roles in the cash system How cash distribution works Notably, Albania historically exported excess foreign currency (esp. euro) via air transport to Vienna. The state of play of cash and payments Recent events Our observation While politicians and regulators are making gestures toward reducing cash and growing digital payments, Albania continues to be
Cash System Spotlight: Albania Read More »
Cash is often cited as a critical redundancy for national payment systems – a failsafe when digital channels are disrupted. But this assumption rests on a fragile foundation. While cash can, in theory, provide resilience, the infrastructure that supports its distribution – particularly the cash-in-transit (CIT) sector – is under acute and growing strain. Without
When the Status Quo Is the Risk: Rethinking Cash System Resilience Read More »
We are pleased to announce the launch of the CPT MEA practice, along with the appointment of Malcolm Clingham as a senior advisor on the CPT Group team. Please see the announcement for further detail.
Announcement: launch of MEA practice, welcome new senior advisor Read More »
We recently sat down with Darren Garbutt to get his insights into what is happening in the ATM space, along with some crystal balling on the future. Scott: The ATM industry is going through significant change at the moment. What are the big changes that you’re seeing? Darren: There are several key factors driving this
Q&A with Darren Garbutt Read More »
We are pleased to announce the launch of the CPT ATM practice, along with the appointment of two senior advisors to the team: Darren Garbutt and Paul Stewart. Please see the announcement for further detail.
Announcement: launch of ATM practice, welcome two new senior advisors Read More »
There has been broad reporting of the latest S&P ratings report on the Australian banking sector, released this week. In particular, the report calls out political pressure on the sector. Two call-outs of note: We broadly agree with S&P’s analysis of these issues. They do, however, highlight a propensity by both politicians and to a
We are pleased to release our research report exploring the future of cash in Australia. Our findings point to a near-medium term that is contrary to many commentators. We do not believe there is strong quantitative evidence for any recent decline in the volume of cash being used for consumer payments, nor indicators that this
The future of cash in Australia Read More »
Nearly every conversation we have with clients and partners at some point turns to the question of the future of cash. It is a constant question in the cash community, whether it is in private, as part of strategy setting, or at conferences. Often, we find that the discussion turns to a number of things:
There is ongoing discussion – one might say hope – that retail-based cash access is a potential long-term solution for consumer access to cash. We don’t see any real evidence to support this playing out in the community. In this article we outline the problem, how retail cash access – known as cashback, or cash
Is cashback/cash out a channel that will solve the growing challenge of cash access? Read More »