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ATM Trade Group Pushes Back On The War On Cash

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The ATM Industry Association (ATMIA) has spoken out against the efforts of the anti-cash lobby. ATMIA recently presented the results of a global research study written by Agis Consulting, which highlights the role cash and ATMs play in financial inclusivity and enfranchisement for some two billion of the world’s unbanked population. “As

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Europe Digs Deeper Into Its Pockets – Cash Still There

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For now, while certain countries in the Eurozone are fast moving toward become cash-free economies, the remaining majority of European countries show positive cash growth. While certain countries like Sweden and Ireland are showing negative cash usage growth, the impression of the European economy moving away from cash is far from real.

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NEW REPORT: The Truth About The State Of Cash In Europe

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That said, with the European economy improving, the overall volume of cash usage is continuing to grow at an estimated compound annual growth rate of 27.8 But does that mean cash will forever continue to be atop the wallet heap? Not really. percent in Eastern Europe and 0.3 Why EU Consumers Would Rather Choose Cash.

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Lithuania’s Lasting Love Of Cash

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Ron Delnevo, executive director of the ATM Industry Association (ATMIA) in Europe, agreed. He also cited a “shadow economy,” or black market, that, according to some estimates, occupies around one-quarter of the country’s economy and relies on cash. This market alone will keep the method in use, he said. “We

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What Can The State Of ATMs Reveal About The Condition Of Cash?

PYMNTS

At least that’s what Ron Delnevo, executive director of the ATM Industry Association (ATMIA) in Europe, suggests. Looking at this global trend, China and India are emerging as the two economies – despite their rapid growth rate – that are becoming more invested in keeping their cash flow strong and running.

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