THE INTERNATIONAL CURRENCY ASSOCIATION IS THE VOICE FOR THE GLOBAL CURRENCY INDUSTRY

Advocating for the global use of cash, by creating awareness of the value of cash as a trusted public good

THE INTERNATIONAL CURRENCY ASSOCIATION IS THE VOICE FOR THE GLOBAL CURRENCY INDUSTRY

Advocating for the global use of cash, by creating awareness of the value of cash as a trusted public good

THE INTERNATIONAL CURRENCY ASSOCIATION IS THE VOICE FOR THE GLOBAL CURRENCY INDUSTRY

Advocating for the global use of cash, by creating awareness of the value of cash as a trusted public good

ICA Sustainability Charter

Cash is a public good – it promotes social inclusion and protects personal freedom and privacy. Around the world, cash is used in the vast majority of payments. It should also be as sustainable as possible across its supply chain.

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Global Currency Forum

The GLOBAL CURRENCY FORUM, created by the ICA, is a future-focused, thought leadership event addressing the future role of cash in a rapidly changing payment landscape.

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Cash Matters

Smart and online technologies are changing the way we pay, however, cash is still the most attractive means of payment for a huge majority of people worldwide. We look at 10 key reasons for the relevance of cash. 

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The GCF will elevate awareness & understanding of the positive impact of cash whilst championing 360 perspectives, stimulating meaningful debate & embracing the difficult conversations about the role of cash in our changing society.
Find out more at https://bit.ly/GlobalCurrencyForum2022

Plans are gearing up for the organisation of the inaugural Global Currency Forum May 02-05 2022 in Barcelona!
This is an event not to be missed!

👉 Join the mailing list at https://bit.ly/GCFmailinglist to register your interest & keep updated on programme developments.#cashconnects

The future of a CBDC is being considered by Central Banks round the world. Here's the state of play in the States, with a crucial and recurring objection being: “Can a CBDC operate with the same level of privacy as cash?”

http://www.theblockcrypto.com/post/108494/cbdc-central-banks-hearings-congress-june

Despite increasing use of digital payment options cash in circulation has actually risen since the pandemic? In our GCF virtual event series we've been taking a deep look into cash trends globally and what they tell us about the future of cash. Join us! http://bit.ly/GCFJoinUS

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ICA Sustainability Charter

Cash is a public good – it promotes social inclusion and protects personal freedom and privacy. Around the world, cash is used in the vast majority of payments. It should also be as sustainable as possible across its supply chain. The ICA Sustainability Charter adopted at the ICA’s Annual General Meeting (AGM) in 2020 specifies our global industry aims and commitments on sustainability.

Many companies in the currency industry are already making progress on sustainability, but for the first time, the Sustainability Charter holds the industry to an agreed framework that encompasses economic, environmental and social equality aspects which all need to be addressed simultaneously.

It recognises that cash plays a key role in integrating every citizen of the world into a global economic system, by providing safe, reliable and largely accessible means of payment. Specifically, the ICA membership commits to a number of ambitious goals. The charter calls on members to:

  • Promote adoption of circular economy principles by designing waste and pollution out of the production process with sustainable solutions and recycling initiatives;
  • Integrate sustainability criteria throughout all aspects of current and future processes and projects;
  • Reduce our environmental footprints by reducing consumption of water and raw materials, re-assessing the chemicals used in production and increasing recycling;
  • Decrease emissions through innovation and new technologies, increased use of renewable energy and introduction of emissions reduction objectives

The ICA – as an industry body with members around the world – commits to actively support and apply Corporate Social Responsibility (CSR) best practices by following best practices for our sector and for society at large. This charter aims to reflect that.

Cash Matters, the pro-cash movement by the ICA

Cash Matters was launched in May 2017 and is a global movement which presents easily accessible, factual and well-designed content. Through its Cash Matters website and social media channels it has become the most popular and renowned  source of information for anything on cash. Target groups are experts from the currency industry, decision-makers in politics and governments, analysts, journalists as well as the broader public.

Among the content provided by Cash Matters are two videos on the role of cash in society, Cash Matters and Choice Matters. Cash Matters also issued studies in cooperation with the Institute for Money, Technology and Financial Inclusion (IMTFI) at the University of Irvine, California, which have proven instrumental in shaping the sociopolitical debate on cash such as “Keeping Cash: Assessing the Arguments about Cash and Crime” and “Virtually Irreplaceable – Cash as Public Infrastructure”.

Global Currency Forum

The GLOBAL CURRENCY FORUM, created by the ICA, is a future-focused, thought leadership event addressing the future role of cash in a rapidly changing payment landscape.

POSING THE RIGHT
QUESTIONS

Innovation has been at the heart of the industry for decades. As we continue to evolve as an industry, so too does technology, resulting in the fast-changing world we live in. And with change come questions:

  • What is the future role of cash as a public good in economies across the globe?
  • Can societies afford to lose the specific characteristics of cash, which acts as a form of power sharing between governments, central banks, businesses and individual citizens?
  • How can we as the currency industry reduce our carbon footprint and contribute to sustainability?
  • How will digitalisation increase the efficiency of the cash cycle?
  • Will a combination of cash and digital payments soon require a completely different approach to a digital currency cycle

FINDING THE 
ANSWERS

There are no simple answers to these complex questions. We believe in shaping the future of our industry together, and look forward to intense debates. Through collaboration, through open and constructive discussions and by involving a large number of players both inside and outside of the industry, we are putting together a program that will offer different views, outside perspectives and surprising insights.

The GLOBAL CURRENCY FORUM will champion 360º perspectives, inviting participation from beyond the traditional currency industry players in order to encourage meaningful debate, understand different perspectives and hold bigger and more controversial conversations.

Above all, it is an opportunity for all players – however large or small to have their voices heard. Wherever you sit on the currency supply chain – from central banks to cash management companies – the GLOBAL CURRENCY FORUM will empower you to challenge the status quo and help lead the industry into the future.

Want to Join Us?

Membership of the ICA is open to legally-incorporated companies and businesses (but not to individuals or consultants) that are suppliers of currency, or suppliers of products, technologies and equipment used in the design, production, handling and circulation of currency.

Trade or industry associations or other organisations and institutions such as universities, foundations and NGOs can be co-opted as associate members.

All prospective members must be a legitimate company and have an established interest and business in currency. All membership applications will be validated by the Board in a Board meeting.

All members must also agree to abide by the Code of Conduct.

Founded by leading currency suppliers, the ICA welcomes any company – providing it meets the conditions for membership – willing to contribute to achieve the goals of the association.

Take a leading role in the creation of industry forums which best serve the strategic business interests of currency service and product suppliers

Membership Fees

  • (Annual turnover over €10m) €30,000
  • (Annual turnover under €10m) €10,000
  • Annual fee Associated members €1,000