Cash is Legal Tender – ICA Ready to Engage With All Stakeholders on New European Union Legislation
June 28, 2023 Jutta Buyse News, Press ReleasePRESS RELEASE June 28, 2023 – The European Commission, the European Union’s legislator, has today published a proposal on the legal tender status of euro banknotes and coins. The International Currency Association (ICA), representing the global currency sector, applauds the body for proposing new legislation that mandates the acceptance of …
ICA Holds AGM And Welcomes New Chair And Vice-chair For Its Board
October 21, 2022 Jutta Buyse News, Press ReleaseICA members at Annual General Meeting today approved the appointment of Gianni Santoro (SICPA) and Ruth Euling (De La Rue) PRESS RELEASE, October 21, 2022 – The International Currency Association (ICA), representing the global currency sector, held its Annual General Meeting today. In order to allow as many members as …
ICA reiterates calls for the European Commission to safeguard the value that cash brings to society in plans for a digital euro
June 29, 2022 ICA Editor Press ReleasePRESS RELEASE June 17, 2022 – The International Currency Association (ICA), representing the global currency sector, has confirmed its submission to the European Commission’s recent targeted consultation on the digital euro. The consultation was launched to complement the ECB’s public consultation on the Digital Euro conducted in 2021 and aims …
A DIGITAL DOLLAR CAN COMPLEMENT CASH, NEVER REPLACE IT
May 23, 2022 ICA Editor Industry Consultations, Press ReleaseICA, VOICE OF THE GLOBAL CURRENCY INDUSTRY, CONTRIBUTION TO US FEDERAL RESERVE CONSULTATION PRESS RELEASE May 23, 2022 – The International Currency Association (ICA), representing the global currency sector, has confirmed its submission to the US Federal Reserve consultation on the introduction of a digital Dollar. The consultation was launched …
BUNDESDRUCKEREI BECOMES A MEMBER OF THE ICA
April 27, 2022 ICA Editor News, Press ReleasePRESS RELEASE, 27 April 2022 – The International Currency Association (ICA), the voice of the world’s currency sector, is delighted to announce that the German security solutions provider Bundesdruckerei GmbH has become a new member of the association. Bundesdruckerei is a trusted and innovative partner for governments and central banks …
ICA ANNOUNCES ARISTOCRAFT INTERNATIONAL AS A NEW MEMBER
April 25, 2022 ICA Editor News, Press ReleasePRESS RELEASE, April 25, 2022 – The International Currency Association (ICA), representing the world’s currency sector, are delighted to confirm the expansion of their global membership base with the acceptance of Aristocraft International Private Limited, a supplier of banknote security threads to the Indian Government, as a new member of the …
The UK can set a global benchmark to safeguard access to cash
September 24, 2021 ICA Editor News, Press Release– The ICA confirms its submission to UKs Access to Cash Consultation PRESS RELEASE – September 24, 2021 The International Currency Association, representing the voice of the world’s currency sector, has confirmed its submission to the UK Treasury’s Consultation on Access to Cash. The consultation seeks views on the UK government’s …
The ICA Announces New Board To Lead Its Next Phase Of Development
September 17, 2021 ICA Editor News, Press ReleasePRESS RELEASE – London, September 17, 2021 – The International Currency Association (ICA), representing the global currency sector, hosted its Annual General Meeting today In London. Held as a hybrid meeting, this was a unique opportunity for ICA members to come together both in person in London and virtually from around the world, …
Bank of England Consultation On Digital Money: ICA Contributes On Key Characteristics for Coexistence with Cash
September 8, 2021 ICA Editor News, Press ReleasePRESS RELEASE The International Currency Association (ICA), representing the global currency sector, has confirmed its submission to the Bank of England’s consultation on its discussion on paper on new forms of digital money. The consultation was launched in response to the BoE’s discussion paper published in June 2021 which presented …
Cash Payment Limitations for the entire European Union sends the wrong signal about cash, says the International Currency Association
July 20, 2021 ICA Editor News, Press ReleasePress Release, July 20 2021 The International Currency Association (ICA) laments the proposed cash payment limitations included in the anti-money laundering regulation presented today by the European Commission, believing they will do more harm than good and urges European policy makers to continue ensuring that cash can play a key …
EU Court Ruling: Currency Sector Stands Ready To Contribute To The Future Discussion
January 26, 2021 ICA Editor Press ReleasePress Release – 26 January 2021 The principle that euro banknotes and coins are legal tender is enshrined in the EU Treaty since the birth of the single European currency. The ruling of the Court of Justice of the European Union on joint cases C-422/19 and C-423/19 published today in …
ICA calls for ECB to safeguard the value that cash brings to society in plans for a digital euro
January 14, 2021 ICA Editor Press ReleaseJanuary 14, 2021 – The International Currency Association (ICA), representing the global currency sector, has confirmed its submission to the European Central Bank’s consultation on the digital euro. The consultation was launched in response to the ECB report on the development of the digital euro released in October 2020, which …
European Commission public consultation: ICA advises against discontinuation of 1 and 2 eurocent coins and introduction of uniform rounding rules
January 12, 2021 ICA Editor Press ReleaseJanuary 12, 2021 – The International Currency Association (ICA), representing the global currency sector, has confirmed its submission to the European Commission consultation on uniform rounding rules for cash payments which aims to assess the impact of introducing uniform rounding rules for cash payments in the euro area as well …
Currency Industry global association strengthened through new membership of Oberthur
December 1, 2020 ICA Editor Press ReleaseThe International Currency Association (ICA), representing the voice of the world’s currency sector, are happy to announce that Oberthur Fiduciaire, one of world’s leading private security printers in the world specialising in the design and production of banknotes, associated security features and secure documents, has become a new member of …
ICA leverages global expertise to inform future UK Access to Cash legislation
November 26, 2020 ICA Editor Press ReleaseThe International Currency Association (ICA), representing the voice of the world’s currency sector, has confirmed its submission to the UK Treasury’s Call for evidence on Access to Cash (https://www.gov.uk/government/publications/access-to-cash-call-for-evidence). The Call for evidence seeks views on the key considerations associated with cash access, deposit and withdrawal facilities, cash acceptance, and …
Chloé Menhinick Joins ICA as Director of Communications
November 10, 2020 ICA Editor Press ReleaseThe International Currency Association (ICA), representing the global currency sector, has appointed Ms. Chloé Menhinick as their Director of Communications. Based out of The Hague, Ms. Menhinick has 15 years of experience working in the associations industry, providing leadership as well as advisory services on communications and marketing, communication for …
EU Court Opinion: Cash must be accepted as legal tender for transactions
September 29, 2020 ICA Editor News, Press ReleaseSince the birth of the single European currency, the principle that euro banknotes and coins are legal tender has been enshrined in the EU Treaty. Unfortunately, during the Coronavirus pandemic, fake news about a link between cash and the covid-19 virus has scared many retailers. In the wake of a …
New European Commission Strategy: Cash is a public good and must be accepted by retailers
September 28, 2020 ICA Editor News, Press ReleaseIn the European Commission’s Communication on a Retail Payments Strategy, the European Union’s executive has underlined the importance of cash as a public good – stating that “Cash is a means of payment that offers instant settlement in face-to-face transactions, without any technical infrastructure. It is still the only form …
Currency sector association signs sector-wide sustainability charter at Annual General Meeting
September 25, 2020 ICA Editor News, Press ReleaseCash 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 – as banknote, ink, paper, coin and payment system leaders …
Fighting fake news around cash and covid
August 7, 2020 ICA Editor News, Press ReleaseThe International Currency Association (ICA), representing the currency sector, has worked with partners since the beginning of this unprecedented public health crisis to highlight verified information on COVID-19 from central banks, health ministries and academics – governments and research institutes around the world have affirmed that there is no evidence …
Retailers should ensure freedom of choice in payments
July 2, 2020 ICA Editor Press ReleaseThe world of payments has changed radically in recent years – and the European Commission is seeking to build a new strategy on retail payments, through a consultation that closed last week. The International Currency Association (ICA), the voice of the currency sector and a key advocate for cash, believes …
Cash matters – now, more than ever, in the time of coronavirus
April 15, 2020 ICA Editor Press ReleaseGroups representing the currency, ATM, transportation and security sectors call on governments, central banks, media, business and society to stand up for cash to protect the resilience of the existing payment ecosystem and ensure vulnerable groups are not deprived of the only means of payment that is available to all. …
New Director General for the International Currency Association
March 31, 2020 ICA Editor Press ReleaseThe Board of the International Currency Association (ICA) has appointed Ms Jutta Buyse as Director General, effective April 1, 2020. Dr. Wolfram Seidemann, Chairman of the ICA Board, comments: “The role of the ICA as the association of the currency industry will continue to grow. In Jutta Buyse, who brings …
ICA Welcomes Two New Members
May 15, 2019 ICA Editor Press ReleaseGietz AG was founded in Switzerland in 1892. Gietz has concentrated on the four technology fields of foil stamping, embossing, combination foiling and embossing, and hologram transfer. Foil stamping machines from Gietz are recognised by printers worldwide as industry leading products from professionals for professionals. KRYPTEN RPC, based in Russia, …
ICA Appoints Susanne Maise as Director General
February 15, 2019 ICA Editor Press ReleaseThe Board of the International Currency Association (ICA) has appointed Dr. Susanne Maise as Director General, effective February 15th, 2019. “We are delighted to welcome Dr. Maise on board at an exciting time for our industry”, said Dr. Wolfram Seidemann, Chairman of the ICA Board. “Her track record in successfully …
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