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Cash News For You From Fiserv

Wednesday, January 27, 2021

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Company: ATM Industry Association

January 2021

ATMIA Announces New Cash Promotion Category for Third Annual ATMmys Marketing Awards Competition

ATMIA is pleased to announce the addition of a new category, Cash Promotion, to the third annual ATMmys. This new section will review and reward advertising campaigns focused on the positive promotion of cash and its use.

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Three in four people think Covid will affect cash use in 2021, says survey

Some 75% of people surveyed across the UK by YouGov in late November said they believed coronavirus would affect their use of cash across the next six months.

The survey of more than 2,000 people was carried out for ATM network Link.

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Meet the people fighting to bring back cash

From free ATMs to pop-up Post Offices, communities across the country are experimenting with new ways to access cash.

Here we look at why cash access matters to these communities and the innovations they’re trialling to save it – innovations that could soon be coming to a town near you.

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Protect Your ATM Fleet in the Era of COVID

This month's WCW Pro-Cash Newsletter featured article is from Fiserv.

Self-Service Tools Support Social Distancing

ATMs remain a vital channel for consumers to access cash and account information. Be sure you are addressing their concerns for safe, robust, frictionless cash and account access – especially in this era of COVID.

Your financial institution can drive agility, boost operational efficiency, and delight your consumers.

Today, everyone – baby boomers, millennials, Gen Xers – wants to regain control. Download “Self Service Supports Social Distancing” – to learn quick tips you can immediately implement to optimize the performance of your ATM fleet.

Bonus content: Review other opportunities popular for self-service solutions, including mobile payments, mobile alerts and controls, contact center and contactless cards.

More Cash News

Why We've Gone Back to Storing Cash Under the Mattress

As the world shifts to paying for goods and services electronically, you’d expect the volume and value of paper currency in circulation to diminish. Surprisingly, though, bank notes are more in demand than ever. The combination of ultra-low interest rates around the world and pandemic-inspired hoarding are instigating not only a preference for cash but also for the highest-denomination bills.

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Cash may not be king in China anymore, but reject it at your peril

In December, the People's Bank of China (PBOC) issued a guideline regulating the use of cash for a variety of organizations, including public institutions, financial institutions and small businesses. Its aim was to "maintain order in the circulation of the yuan and protect the rights of the public to use cash," the PBOC said, adding that "no discriminatory or inconvenient measures should be taken to exclude cash payments."

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Bank of Slovenia : 73% of purchases still made with cash; pandemic affects payment behaviour

Cash remains the most-used payment instrument, according to the Study on the payment attitudes of consumers in the euro area (SPACE) released today by the ECB. Last year euro area consumers used cash for 73% of their point-of-sale and person-to-person retail transactions, while 24% were made by card.

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This Month's Newsletter is Sponsored By:

Fiserv is dedicated to delivering technology and services innovation to help its clients push the boundaries of what's possible in financial services, delivering deep expertise and innovative solutions to help financial institutions, businesses and consumers move and manage money faster and with greater ease than ever before.

As a global leader in payments and financial technology, the company helps clients achieve best-in-class results through a commitment to innovation and excellence in areas including account processing and digital banking solutions; card issuer processing and network services; payments; e-commerce; merchant acquiring and processing; and the Clover® cloud-based point-of-sale solution.

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Celebrate Cash News with Withdraw Cash Wednesday

Cash globally remains the most widely used and popular form of payment today. ATMIA’s goal with the Withdraw Cash Wednesday initiative is to communicate as an industry the many benefits of cash, while combating the negative press cash has received over the last few years to ensure consumers have cash as a payment choice for years to come. This monthly newsletter is geared towards sharing positive cash news reaching more than 10,000 ATM industry readers per month.

Don't miss our recent newsletters:

November 2020 - Sponsored by ATMIA
December 2020 - Sponsored by Fiserv

View all past Pro Cash Newsletters here.

Follow Withdraw Cash Wednesday on Twitter and share our posts. You can even share your own personal cash story. Please share Withdraw Cash Wednesday news with customers, friends and family to promote cash usage!

If you're interested in sponsoring the WCW Pro-Cash Monthly Newsletter and reaching over 10,000 emails, please contact Claire Feterl by email or at 605.274.0277.