By Tyler Rossi for CoinWeek ….. For thousands of years, merchants conducted business without the aid of the once-ubiquitous, and now increasingly defunct, cash register. Over the many years, store owners have used a series of lock boxes, safes, and cash drawers to keep their money organized and secure. There was always the danger of […]
The post Ka-Ching! A Brief History of the American Cash Register appeared first on CoinWeek.
The International Mint Industry Association (IMIA) is a content and research-led association active in protecting inclusive, democratic, resilient, and sustainable cash and coin access and acceptance The International Mint Industry Association, founded in the summer of 2022, is a professional association of public and private mints and industry suppliers. Its goal is to support […]
The post International Mints Establish Advocacy for Cash and Coin Access and Acceptance appeared first on CoinWeek.
A new international conference will examine the future role of circulating coins as they continue to play an essential and intrinsic part of cash-based payments – which cannot function effectively without them. With overcapacity, rising material costs, hoarding, the removal of low-value circulating coins, and the growth of m-payments and contactless cards, which are chipping […]
The post International Event Examines Future for Circulating Coins appeared first on CoinWeek.
In an article published on June 3, 2019, entitled “Hitting the Brakes on the Cashless Society,” payments risk expert Claire Greene analyzes the pushback against cashless systems taking place in various states and municipalities throughout the country. Greene builds off of the research of Oz Shy, who drew his conclusions from the 2017 Diary of Consumer Payment Choice
In an article published on June 3, 2019, entitled “Hitting the Brakes on the Cashless Society,” payments risk expert Claire Greene analyzes the pushback against cashless systems taking place in various states and municipalities throughout the country. Greene builds off of the research of Oz Shy, who drew his conclusions from the 2017 Diary of Consumer Payment Choice
In an article published on June 3, 2019, entitled “Hitting the Brakes on the Cashless Society,” payments risk expert Claire Greene analyzes the pushback against cashless systems taking place in various states and municipalities throughout the country. Greene builds off of the research of Oz Shy, who drew his conclusions from the 2017 Diary of Consumer Payment Choice
A recent article by Oz Shy, senior policy adviser and economist at the Federal Reserve Bank of Atlanta, drew some interesting conclusions based upon a multitude of studies that have been conducted over the years to investigate the behaviors displayed by consumers in a variety of situations. While the concept of a cashless society has been thrust into the ether for some time, new developments in nations that have adopted these systems have once again brought this topic to the forefront of discussion
A recent article by Oz Shy, senior policy adviser and economist at the Federal Reserve Bank of Atlanta, drew some interesting conclusions based upon a multitude of studies that have been conducted over the years to investigate the behaviors displayed by consumers in a variety of situations. While the concept of a cashless society has been thrust into the ether for some time, new developments in nations that have adopted these systems have once again brought this topic to the forefront of discussion
A recent article by Oz Shy, senior policy adviser and economist at the Federal Reserve Bank of Atlanta, drew some interesting conclusions based upon a multitude of studies that have been conducted over the years to investigate the behaviors displayed by consumers in a variety of situations. While the concept of a cashless society has been thrust into the ether for some time, new developments in nations that have adopted these systems have once again brought this topic to the forefront of discussion
In Strauss-Howe generational theory, generations of American
society cycle through four archetypes, each lasting around roughly 20 years.
The four archetypes consist of the prophetic (idealist), nomadic (reactive),
heroic (civic), and artistic (adaptive) generations
In Strauss-Howe generational theory, generations of American
society cycle through four archetypes, each lasting around roughly 20 years.
The four archetypes consist of the prophetic (idealist), nomadic (reactive),
heroic (civic), and artistic (adaptive) generations
Welcome to the third installment of our series, “Lunch with.
Welcome to the third installment of our series, “Lunch with.
Welcome to the third installment of our series, “Lunch with.
Consultant Josh Greenbaum moderates the “Blockchain Disrupts Everything.
Consultant Josh Greenbaum moderates the “Blockchain Disrupts Everything.
Hover to zoom.
In a June 25 article by the Federal Reserve Bank of Atlanta entitled “Down but Not Out,” Payments Risk Expert Claire Greene outlined the various factors that influence the increase in cashless transactions
Hover to zoom.
In a June 25 article by the Federal Reserve Bank of Atlanta entitled “Down but Not Out,” Payments Risk Expert Claire Greene outlined the various factors that influence the increase in cashless transactions
In a June 25 article by the Federal Reserve Bank of Atlanta entitled “Down but Not Out,” Payments Risk Expert Claire Greene outlined the various factors that influence the increase in cashless transactions. While an estimated one-third of consumer transactions are completed via the use of cash, the remaining two-thirds of those transactions are largely determined by the preferences of the merchant
Background photo by Jeff Belmonte.
By Q
Background photo by Murcotipton.
Welcome to the second installment of our series, “Lunch with
On April 23, 2018, an article by payments risk expert Douglas A. King revealed some shocking insight into the transaction habits of millennials, which Pew Research defines as an individual born between 1981 and 1996 (me)
Young German adults (millennials) protesting youth unemployment in 2014. Photo by Claus Ableiter
By Coinweek Coin News Wire …. Coin News Wire for February 9, 2018 Brain Food 1.) Digital != crypto != virtual I suspect that the Telegraph’s confusion may have arisen because of the tendency amongst management consultants (and others) to conflate the two entirely different kinds of electronic money: a cryptocurrency and a digital currency are […]
The post CoinWeek News Wire for Feb. 9, 2018: Germans Love Cash, Inside Jobs, Crypto Crash… appeared first on CoinWeek.
By Coinweek …. CoinWeek News Wire for December 1, 2017 Brain Food 1.) Vasilopita – An Important Greek Celebration for New Year Vasilopita literally means St. Basil’s Cake, which contains a hidden coin baked inside. This “New Year’s Cake” is a highly esteemed Orthodox tradition worldwide, having its origins in the 4th century… 2.) History […]
The post CoinWeek News Wire for December 1, 2017: Take a Knee, Not Elon, the Red Kettle appeared first on CoinWeek.
In a recent article in the New York Times, it was argued that more and more societies around the world are on their way to become a cashless society. In many places, card and digital transactions are up and cash transactions are down
By Coinweek …. CoinWeek News Wire for October 20, 2017: Brain Food 1.) ‘Like stars in a complex constellation, these objects convey the sweep of Jewish history’ This exceptionally rare gold coin was minted in Judaea immediately after the conquest of Jerusalem and brought with a deployment of Roman troops to England soon afterwards. Two […]
The post CoinWeek News Wire for October 20, 2017: Debtor Nation, Crypto-Corruption appeared first on CoinWeek.
By Coinweek …. CoinWeek News Wire for August 18, 2017: Urgent 1.) Walter Allan’s car found, but 84-year-old Numismatist still missing Allan’s family told police they last heard from him on July 18, when he told them he was heading to the 2017 convention of the Royal Canadian Numismatic Association (RCNA) in Boucherville, Qué., held […]
The post CoinWeek News Wire for August 18, 2017: Missing Persons, Chinese Counterfeits, Bitcoin Boom appeared first on CoinWeek.
By Coinweek …. CoinWeek News Wire for August 11, 2017: Brain Food 1.) Rare coins have Holdrege, Colorado link Kinkaid began researching the history of the Lesher Dollar in 1984. In 1992, he hired Holdrege genealogist Sandra Slater as the research director for the project. While Kinkaid said many in the coin hobby don’t know […]
The post CoinWeek News Wire for August 11, 2017: Brain Food, Littleton Theft, China… appeared first on CoinWeek.
By Coinweek …. CoinWeek News Wire for August 4, 2017: The War on Cash 4: The Cash Master 1.) Is e-payment fast rendering cash extinct? As a Guardian newspaper article points out in January, “If you begin to insist on cashlessness, it does put pressure on you to be banked and signed up to […]
The post CoinWeek News Wire for August 7, 2017: War on Cash and Coins, Monday Edition appeared first on CoinWeek.
By Coinweek …. CoinWeek News Wire for July 28, 2017: Digital Cash Revolution 1.) UPDATE: “WE ARE DECLARING WAR ON CASH,” BANK SPOKESMAN ANDY GERLT …[A]mong the people championing the convenience of a cashless society are those who use iphones to buy Starbucks coffee. These devotees who will sacrifice freedom for convenience will not […]
The post CoinWeek News Wire for July 28, 2017 appeared first on CoinWeek.
By Coinweek …. CoinWeek News Wire for July 14, 2017: The War on Cash 2: This Time It’s Personal 1.) ‘CASH ESSENTIAL TO PERSONAL FREEDOM’ – EUROPEANS PUSH BACK The biggest cited concern for respondents was the threat the cash restrictions would pose to privacy and personal anonymity. A total of 87% of respondents viewed […]
The post CoinWeek News Wire for July 21, 2017: The Hobby Under Fire, Endangered Cash, & Coin Crime appeared first on CoinWeek.
By Coinweek …. CoinWeek News Wire for June 30, 2017: Hamilton, Silver Eagles, Metal Detecting… Brain Food 1.) What Happened When Hamilton Lost the Mint When Hamilton first began studying and reporting on the need for a mint, he and Jefferson were still civil, if not close friends. Politics and rivalry soon divided them, which was […]
The post CoinWeek News Wire for July 7, 2017: Hamilton, Silver Eagles, Metal Detecting… appeared first on CoinWeek.
By Coinweek …. CoinWeek News Wire for June 30, 2017: Hamilton, Silver Eagles, Metal Detecting… Brain Food 1.) What Happened When Hamilton Lost the Mint When Hamilton first began studying and reporting on the need for a mint, he and Jefferson were still civil, if not close friends. Politics and rivalry soon divided them, which […]
The post CoinWeek News Wire for July 7, 2017: Hamilton, Silver Eagles, Metal Detecting… appeared first on CoinWeek.
By Coinweek …. CoinWeek News Wire for June 30, 2017 Brain Food 1.) Making Cents of Currency’s Ancient Rise Objects that occurred rarely in nature and whose circulation could be efficiently controlled emerged as units of value for interactions and exchange. These included shells such as mother-of-pearl that were widely circulated in the Americas and […]
The post CoinWeek News Wire for June 30, 2017 appeared first on CoinWeek.
By Coinweek …. CoinWeek News Wire for June 30, 2017 Brain Food 1.) Making Cents of Currency’s Ancient Rise Objects that occurred rarely in nature and whose circulation could be efficiently controlled emerged as units of value for interactions and exchange. These included shells such as mother-of-pearl that were widely circulated in the Americas and […]
The post CoinWeek News Wire for June 30, 2017 appeared first on CoinWeek.
By Coinweek …. CoinWeek News Wire for June 23, 2017 Brain Food 1.) Does Japan’s five-yen coin need a foreigner-friendly redesign? The five-yen coin is the only denomination without its value written in numerals. The only indication of its worth is in the kanji characters 五円, which mean “five yen,” and so foreign visitors who […]
The post CoinWeek News Wire for June 23, 2017: Gold Coins, Bitcoin, Crime Alert… appeared first on CoinWeek.
By Coinweek …. CoinWeek News Wire for April 21, 2017 Brain Food 1.) Our money is filthy but mostly harmless Most of the bacteria on American notes were harmless commensals that had flaked off hands, faces and mouths, but there were others that cause acne, strep throat, the H-bug, two species infecting vaginas, and other […]
The post CoinWeek News Wire for April 21, 2017 appeared first on CoinWeek.
By Coinweek …. CoinWeek News Wire for April 21, 2017 Brain Food 1.) Our money is filthy but mostly harmless Most of the bacteria on American notes were harmless commensals that had flaked off hands, faces and mouths, but there were others that cause acne, strep throat, the H-bug, two species infecting vaginas, and […]
The post CoinWeek News Wire for April 21, 2017 appeared first on CoinWeek.
By Coinweek …. CoinWeek News Wire for January 27, 2017 Brain Food 1.) Should bank tellers reveal the value of old coins? A teenager takes a bunch of old coins, some of them may be of silver or antiques, to a bank and gets just the face value of them in exchange. The question, “Does […]
The post CoinWeek News Wire for January 27, 2017 appeared first on CoinWeek.
By Coinweek …. CoinWeek News Wire for January 6, 2017 Brain Food 1.) Design Moments: Irish Free State coins c. 1928 By 1926 the newly-minted Irish Free State was ready to get its own coinage and by the time the Coinage Act was enacted in 1927 a design competition was under way… 2.) Stories […]
The post CoinWeek News Wire for January 6, 2017 appeared first on CoinWeek.
By Coinweek …. CoinWeek News Wire for January 6, 2017 Brain Food 1.) Design Moments: Irish Free State coins c. 1928 By 1926 the newly-minted Irish Free State was ready to get its own coinage and by the time the Coinage Act was enacted in 1927 a design competition was under way… 2.) Stories […]
The post CoinWeek News Wire for January 6, 2017 appeared first on CoinWeek.
By Coinweek …. CoinWeek News Wire for January 6, 2017 Brain Food 1.) Design Moments: Irish Free State coins c. 1928 By 1926 the newly-minted Irish Free State was ready to get its own coinage and by the time the Coinage Act was enacted in 1927 a design competition was under way… 2.) Stories of […]
By Coinweek …. CoinWeek News Wire for December 9, 2016 Brain Food 1.) Plough uncovers major hoard of Roman coins A WONDERFUL collection of 120 Roman Imperial coins was unearthed in the Isle of Axholme. The so-called Owston Ferry Hoard was discovered in 1952 by Mr. A. T. Pitchfork. Ploughing a field in the village, […]
The post CoinWeek News Wire for December 9, 2016 appeared first on CoinWeek.
By Coinweek …. CoinWeek News Wire for December 2, 2016 Current Events 1.) Zimbabwe police fire tear gas at bank note protest “We are not going to embrace bond notes,” Hardlife Mudzingwa, a spokesman for Tajamuka, told AFP. “They are being used to mop up the US dollars that people have in their accounts so […]
The post CoinWeek News Wire for December 2, 2016 appeared first on CoinWeek.
By Reserve Bank of Zimbabwe ….. The Reserve Bank of Zimbabwe is pleased to advise the nation of the introduction of bond notes with effect from Monday, 28 November 2016. The bond notes will be released into the market through normal banking channels in small denominations of $2 and $5 to fund export incentives of […]
The post World Banknote News – Zimbabwe Introduces Bond Notes appeared first on CoinWeek.
This article was slightly revised at 11:07 a.m
In this commentary prepared for RCW Financial, economist Dr. Scott Sumner explains why governments and banks are eager to discourage the use of cash, and the resulting potential loss of anonymity and future negative interest rates
Boasting more digital transactions than ever, Korean officials believe coins are outmoded and therefore are making strides toward becoming a “coinless society” by the year 2020 By Joshua McMorrow-Hernandez for Coinweek ……. South Korea has announced it is going cashless by 2020 as the nation becomes increasingly dependent on the use of credit cards […]
The post South Korea Canning Coins by 2020, Turning to Electronic Monetary System appeared first on CoinWeek.