In this episode of The Cash News, Tom Meehan, CFI, and Shaun Ferrari discuss some of the latest news in the currency world, including whether businesses can choose not to accept cash, El Salvador’s experiment with Bitcoin as legal tender, and security concerns about cryptocurrency usage in Afghanistan. Listen now.
In this episode of The Cash News, we have another exclusive recording from the Banknote & Currency Conference, hosted by Currency Research, of a presentation from Alex Bau, vice president of data and policy analysis at the Federal Reserve Cash Product Office. His team researches how cash is being used in the United States, how cash usage evolves over time, and how the cash supply chain shifts to meet those changes. In his presentation, Bau shares an overview of cash trends in the U.S. and recent data from the 2021 Diary of Consumer Payment Choice. Listen now.
In this episode of The Cash News, Tom and Shaun have an exclusive recording of a presentation by Ashley Yayock, senior director of global treasury operations at Walmart, from the Banknote & Currency Conference, hosted by Currency Research. Her team manages all the cash and checking processing operations at Walmart, partnering with banks, cash-in-transit companies, and internal operations and asset protection teams to drive efficiencies and find cost savings. Yayock shares her unique perspective on overseeing the cash flow of Walmart locations nationwide while facing unexpected disruptions to the cash supply chain since the beginning of the COVID-19 pandemic. Listen now...
In episode 11 of The Cash News, co-hosts Tom Meehan, CFI, and Shaun Ferrari were joined by Rod Diplock, CEO at CONTROLTEK, a leading tamper-evident packaging manufacturer in asset protection and cash management. Listen as he shares his insights and learnings used to successfully navigate employees and the company through the COVID-19 crisis.
In episode 10 of The Cash News, co-hosts Tom Meehan, CFI, and Shaun Ferrari are joined by Jessica Pohlen, vice president of global product commercialization at PayComplete, a market leader in unified financial transaction solutions for retail, transportation, and financial services. Pohlen started her career in cash security and management in Brazil, where currency circulation is a major systemic challenge for businesses. In this episode, she shares her insights on how the current status of the COVID-19 pandemic has led to the “coin shortage” along with a growing shortage of labor in the United States, and how emerging technology like automation can resolve these challenges in surprising ways.
In the latest episode of The Cash News, Tom and Shaun welcome Vik Devjee, vice president of CIMA Cash Handling America, Inc., where the team discusses how self-ordering technology has been widely adopted in tier-1 formats, but the challenge remains - how do you take cash handling technology to the point of transaction and make it a seamless experience? Listen to hear more about the massive opportunity to solve this issue and other challenges around cash management during these unprecedented times.
Welcome to the latest episode of The Cash News Podcast, where we highlight 1 minute from the last seven podcasts - allowing you to catch up on everything you may have missed! Tom and Shaun cover everything from the perceived coin shortage during COVID, consumer spending, the booming cannabis industry, the need for central bank digital currency, and much more.
Welcome to the micro-episode of The Cash News Podcast. In this episode, Tom and Shaun discuss their previous live-streaming broadcast of the podcast with Currency Research. Joined by Jamiel Sheikh and John Kiff of The Central Bank Digital Currency Think Tank, the team discussed the fervor behind central bank digital currency and its acceleration over the past 18 months, in the messaging central banks are projecting into the market, the interest in adoption, and the need to bring central banks together to share experiences and information about digital currencies. You can view a recording of the live broadcast here.
In the coming weeks, Tom and Shaun will discuss HSBC’s retail exit and what it does (and does not mean) for banking.
In the latest Cash News Podcast, Tom and Shaun are joined by Todd Kleperis, founder of Hardcar and Payzel. With over 3B dollars moved through the Federal Reserve, Todd brings an invaluable wealth of knowledge in the protection, movement, and financing of cash in the cannabis industry. We invite you to learn more about one company’s mission to build the world's most powerful cloud-based innovative finance tool for sustainable, high-growth industries like cannabis, common banking myths surrounding this fast-growing industry, and where Todd sees legislation and large banks heading in the future.
The rapid digitalization of payment methods during the COIVD-19 pandemic has dramatically changed the consumer landscape, therefore changing the national (and global) footprint of coin. In the latest episode of The Cash News, Tom and Shaun discuss the coin conundrum: Is there truly a shortage on coin, and as the economy reopens, will consumers return to brick-and-mortar stores and spend the cash and coin they’ve held onto for the past few months?