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 […]