Currency Associations Join Forces, For A Strengthened, Unified Voice for Cash
The International Currency Association and International Mint Industry Association unite to create a stronger global voice for cash, banknotes and coins, and elevate the Global Currency Forum 2026. – The International Mint Industry Association (IMIA) and The International Currency Association (ICA) have joined forces. – The move will boost cash advocacy and will cement the […]
ICA Welcomes Strong EU Measures to Protect Cash Payments, Calls for Even Greater Safeguards
New EU Parliament Report on Legal Tender Regulation Is a Key Step to Protect Our Freedom to Pay with Cash, Says International Currency Association The International Currency Association (ICA) welcomes the recently published “Draft Report on the proposal for a regulation of the European Parliament and of the Council on the legal tender of euro […]
Frane Maroević appointed general director of the International Currency Association (ICA)
The International Currency Association (ICA), a global organisation dedicated to promoting cash as a cornerstone of secure and inclusive payment systems, is delighted to announce the appointment of Frane Maroević as its new general director, effective January 2, 2025. Frane Maroević brings a wealth of experience to the ICA, having held prominent leadership roles in […]
New board of directors for the ICA
At the conclusion of the association’s Global Currency Forum 2024 conference, the ICA members held their annual general meeting. Two delegates per ICA member company participate in this meeting. The new ICA board is composed as follows: Etienne Couëlle – Oberthur – Chair Annette Holdermann – Giesecke + Devrient – Vice-chair Dieter Merkle – Schuler […]
Zeiser becomes a member of the ICA
Press release, April 15, 2024 – The International Currency Association (ICA), the voice of the world’s currency sector, is delighted to announce that Zeiser GmbH has become a new member of the association. Zeiser’s new membership further signifies the ICA’s broadening footprint and representation of the global currency industry. The association now has a total […]
ICA annual general meeting and appointment of board
ICA members at annual general meeting have appointed their new board. The new leadership will prioritise the planning for the 2024 Global Currency Forum and providing further value to the membership through the work of the committees. Press release, October 18, 2023 – The International Currency Association (ICA), representing the global currency sector, held its […]
Cash is legal tender – ICA ready to engage with all stakeholders on new European Union legislation
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 cash. “Ensure that retailers accept cash” is the first of the […]
ICA white paper on cash policy
ICA cash policy white paper with key recommendations to policymakers and stakeholders For over 5,000 years, cash has been the cornerstone of trade, the economy and society. Today, the ability of people to access and use cash is under threat. Global electronic payment companies, which make huge profits by selling customer data or by charging […]
ICA holds AGM and welcomes new chair and vice-chair for its board
The International Currency Association (ICA), representing the global currency sector, held its annual general meeting today. In order to allow as many members as possible from around the globe to participate, the meeting was held virtually. This was an opportunity to reflect on the exciting year that has passed, with the first-ever edition of the […]
ICA reiterates calls for the European Commission to safeguard the value that cash brings to society in plans for a digital euro
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 to gather further evidence on a range of issues that will […]
A digital dollar can complement cash, never replace it
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 in response to the US Federal Reserve’s discussion paper published in January 2022, which presented the Bank’s emerging thoughts on central bank digital currencies […]
Bundesdruckerei becomes a member of the ICA
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 worldwide. Its membership further signifies the ICA’s broadening footprint and representation […]
ICA announces Aristocraft International as a new member
ICA Chairman, Dr. Wolfram Seidemann, welcomed Aristocraft to the association stressing that “the decision by Aristocraft to join the ICA reflects our growing strength as the voice for the global currency industry and the value the ICA brings in advocating for the value of cash in the payments landscape of the future.” Upon acceptance of […]
The UK can set a global benchmark to safeguard access to cash
The International Currency Association (ICA), 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 legislative proposals for protecting access to cash, including the proposal that geographic requirements be set to ensure the provision of withdrawal […]
The ICA announces new board to lead its next phase of development
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, to reflect on the association’s accomplishments over the past year […]
Bank of England consultation on digital money: ICA contributes on key characteristics for coexistence with cash
The International Currency Association (ICA), representing the global currency sector, has confirmed its submission to the Bank of England’s consultation on its discussion 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 the Bank’s emerging thoughts on new forms of […]
Cash payment limitations for the entire European Union sends the wrong signal about cash, says the International Currency Association
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 role as a public good, in the European Union and […]
ICA Responds to EU Court Ruling on Cash Payment Limits
The International Currency Association (ICA), representing the global currency industry, welcomes today’s ruling of the Court of Justice of the European Union on joined cases C-422/19 and C-423/19, concerning the payment of bills for radio and TV licenses in Germany. The ruling reaffirms that euro banknotes and coins are legal tender across the Eurozone and […]
ICA Calls on ECB to Protect the Public Value of Cash in Digital Euro Plans
PRESS RELEASE – 14 January 2021 ICA Submits Input to ECB Consultation on the Digital Euro 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 follows the ECB’s October 2020 report, which emphasized that the Eurosystem will continue […]
European Commission public consultation: ICA advises against discontinuation of 1 and 2 eurocent coins and introduction of uniform rounding rules
January 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 as the discontinuation of 1- […]
Currency industry global association strengthened through new membership of Oberthur
The International Currency Association (ICA), representing the voice of the world’s currency sector, are happy to announce that Oberthur Fiduciaire, one of the 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 their association. ICA chairman, […]
ICA leverages global expertise to inform future UK access to cash legislation
The 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 regulatory oversight of the […]
Chloé Menhinick joins ICA as director of communications
The 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 membership, and stakeholder engagement. She […]
EU court opinion: cash must be accepted as legal tender for transactions
Since 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 case brought against a German […]
New European Commission strategy: cash is a public good and must be accepted by retailers
In 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 of money individuals can hold […]
Currency sector association signs sector-wide sustainability charter at annual general meeting
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 – as banknote, ink, paper, coin, and payment system leaders came together to affirm this […]
Fighting fake news around cash and COVID
The 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 banknotes transmit coronavirus or are […]
Retailers should ensure freedom of choice in payments
The 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 that while consumers should be […]
Cash matters – now, more than ever, in the time of coronavirus
Groups 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. Cash is safe: we should […]
New director general for the ICA
The 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 strong association and advocacy experience, […]
ICA welcomes two new members
Gietz 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, specialise in the production of […]