ESTA

It is now time to register to the ESTA conference and join us in celebrating the 50th anniversary of the association! The next ESTA conference & exhibition will take place in Brussels, Belgium, 11-13 May 2025. “𝐖𝐡𝐢𝐜𝐡 𝐂𝐚𝐬𝐡 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐟𝐨𝐫 𝐭𝐡𝐞 𝐧𝐞𝐱𝐭 50 𝐲𝐞𝐚𝐫𝐬?” ➡️ This question will be tackled together with the possible shape of a new, disruptive cash cycle during the two day’s event by high-ranking industry specialists, EU decision-makers, and other key stakeholders. Take this opportunity to network with exhibitors and major players of Cash Management Companies and get the latest from the industry. ESTA members have priority and get reduced fees in conference registrations. Register Now! https://lnkd.in/eUZjpNex #CashManagement #ESTA #PaymentChoice #EstaConference #euro #DigitalMoney #CITIndustry Guillaume Nonain Stephan Kazes Gonzalo Suárez Martín Luis Javier Oro Pradera Miguel Bandrés Jacques Temple Paul van der Knaap Antonis Kerastaris Paolo Spollon Michel Tresch Lucie Králová John Apthorpe Nicole Rydén

𝐂𝐨𝐧𝐟𝐞𝐫𝐞𝐧𝐜𝐞 𝐠𝐥𝐢𝐦𝐩𝐬𝐞 #️⃣ 1️⃣ The final programme of our upcoming annual conference “𝐖𝐡𝐢𝐜𝐡 𝐂𝐚𝐬𝐡 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐟𝐨𝐫 𝐭𝐡𝐞 𝐧𝐞𝐱𝐭 50 𝐲𝐞𝐚𝐫𝐬?” in Brussels, Belgium 11-13 May 2025, is now accessible from our events page! ( ▶️ https://lnkd.in/eZKn7R3s)   Let us give you a first glimpse as we are delighted to announce our prominent guest speakers who will participate in the Monday afternoon panel discussion: "𝘛𝘩𝘪𝘯𝘬𝘪𝘯𝘨 𝘰𝘧 𝘢 𝘥𝘪𝘴𝘳𝘶𝘱𝘵𝘪𝘷𝘦 𝘤𝘢𝘴𝘩 𝘤𝘺𝘤𝘭𝘦 𝘸𝘪𝘵𝘩𝘰𝘶𝘵 𝘣𝘢𝘯𝘬𝘴?", moderated by Prof Dr Harald Olschok-Tautenhahn Olschok, former CEO of BDGW Bundesvereinigung Deutscher Geld- und Wertdienste. Guest speakers:   🎙️ Dr Jelena Stapf, Deutsche Bundesbank   🎙️ Dr. Kersten Trojanus, IC Cash Services GmbH   🎙️ Brendan Thorpe, Auriga   Delegate registrations are still open ▶️ https://lnkd.in/eFwXkK7Y #CashIndustry #Conference #ExpertSpeakers #FruitForThought #IndustryConference #CashCycle #Disruption #AccessToCash

Quote of the week: “𝐁𝐚𝐬𝐞𝐝 𝐨𝐧 𝐨𝐮𝐫 𝐭𝐞𝐬𝐭 𝐫𝐞𝐬𝐮𝐥𝐭𝐬, 𝐫𝐞𝐜𝐞𝐧𝐭 𝐬𝐜𝐢𝐞𝐧𝐭𝐢𝐟𝐢𝐜 𝐥𝐢𝐭𝐞𝐫𝐚𝐭𝐮𝐫𝐞 𝐨𝐧 𝐒𝐀𝐑𝐒-𝐂𝐨𝐕-2 𝐭𝐫𝐚𝐧𝐬𝐟𝐞𝐫𝐚𝐛𝐢𝐥𝐢𝐭𝐲 𝐚𝐧𝐝 𝐚𝐥𝐬𝐨 𝐨𝐮𝐫 𝐩𝐫𝐞𝐯𝐢𝐨𝐮𝐬 𝐟𝐢𝐧𝐝𝐢𝐧𝐠𝐬 𝐨𝐧 𝐭𝐡𝐞 𝐚𝐯𝐢𝐚𝐧 𝐟𝐥𝐮 𝐚𝐧𝐝 𝐬𝐰𝐢𝐧𝐞 𝐟𝐥𝐮 𝐯𝐢𝐫𝐮𝐬𝐞𝐬, 𝐢𝐭 𝐜𝐚𝐧 𝐛𝐞 𝐜𝐨𝐧𝐜𝐥𝐮𝐝𝐞𝐝 𝐭𝐡𝐚𝐭 𝐭𝐡𝐞 𝐫𝐢𝐬𝐤 𝐨𝐟 𝐭𝐫𝐚𝐧𝐬𝐦𝐢𝐬𝐬𝐢𝐨𝐧 𝐯𝐢𝐚 𝐛𝐚𝐧𝐤𝐧𝐨𝐭𝐞𝐬 𝐚𝐧𝐝 𝐜𝐨𝐢𝐧𝐬 𝐢𝐬 𝐯𝐞𝐫𝐲 𝐥𝐨𝐰, 𝐚𝐧𝐝 𝐭𝐡𝐚𝐭 𝐜𝐚𝐬𝐡 𝐢𝐬 𝐬𝐚𝐟𝐞 𝐭𝐨 𝐮𝐬𝐞.” From 𝘊𝘢𝘵𝘤𝘩 𝘮𝘦 (𝘪𝘧 𝘺𝘰𝘶 𝘤𝘢𝘯): 𝘢𝘴𝘴𝘦𝘴𝘴𝘪𝘯𝘨 𝘵𝘩𝘦 𝘳𝘪𝘴𝘬 𝘰𝘧 𝘚𝘈𝘙𝘚-𝘊𝘰𝘝-2 𝘵𝘳𝘢𝘯𝘴𝘮𝘪𝘴𝘴𝘪𝘰𝘯 𝘷𝘪𝘢 𝘦𝘶𝘳𝘰 𝘤𝘢𝘴𝘩, paper from the European Central Bank, July 2021 (full paper available here ➡️ https://lnkd.in/dZnSWw6 ) #Cash #CashIsSafe #CashAndCovid #Science #PublicHealth <AI-generated image>

𝐊𝐞𝐞𝐩 𝐂𝐚𝐥𝐦 𝐚𝐧𝐝 𝐂𝐚𝐫𝐫𝐲 𝐂𝐚𝐬𝐡 rightfully says KAL in an insightful article on the current situation of cash in the Nordics. Our selected key points: ➡️ Norway and Sweden are reintroducing cash as a vital payment method due to security concerns AND are now advocating for cash usage. ➡️ The change is driven by evolving threats like wars and cyber-attacks. ➡️ Citizens are advised to keep a personal cash supply and diversify payment methods. ➡️ In Norway, merchants must accept cash payments, with penalties for non-compliance. Sweden may follow suit. ➡️ The shift highlights the importance of cash for security and financial inclusion, potentially influencing other countries. The full article ▶️ https://lnkd.in/eTBbwpzS #Cash #Nordics #Security #Resilience #Norway #Sweden #CashAcceptance #NewThreats #CyberRisks <Picture credit CristianManieri>

Quote of the week: "𝐀𝐥𝐭𝐞𝐫𝐧𝐚𝐭𝐢𝐯𝐞 𝐩𝐚𝐲𝐦𝐞𝐧𝐭 𝐦𝐞𝐭𝐡𝐨𝐝𝐬 𝐜𝐚𝐧𝐧𝐨𝐭 𝐫𝐞𝐩𝐥𝐚𝐜𝐞 𝐞𝐮𝐫𝐨 𝐜𝐚𝐬𝐡; 𝐭𝐡𝐞𝐲 𝐜𝐚𝐧 𝐨𝐧𝐥𝐲 𝐜𝐨𝐦𝐩𝐥𝐞𝐦𝐞𝐧𝐭 𝐢𝐭. 𝐓𝐡𝐞 𝐄𝐮𝐫𝐨𝐬𝐲𝐬𝐭𝐞𝐦 𝐦𝐮𝐬𝐭 𝐭𝐡𝐞𝐫𝐞𝐟𝐨𝐫𝐞 𝐜𝐨𝐧𝐭𝐢𝐧𝐮𝐞 𝐭𝐨 𝐞𝐧𝐬𝐮𝐫𝐞 𝐭𝐡𝐞 𝐞𝐱𝐢𝐬𝐭𝐞𝐧𝐜𝐞 𝐨𝐟 𝐞𝐮𝐫𝐨 𝐜𝐚𝐬𝐡. 𝐓𝐡𝐢𝐬 𝐢𝐬 𝐭𝐡𝐞 𝐨𝐧𝐥𝐲 𝐰𝐚𝐲 𝐰𝐞 𝐜𝐚𝐧 𝐬𝐚𝐟𝐞𝐠𝐮𝐚𝐫𝐝 𝐭𝐡𝐞 𝐫𝐨𝐥𝐞 𝐭𝐡𝐚𝐭 𝐞𝐮𝐫𝐨 𝐛𝐚𝐧𝐤𝐧𝐨𝐭𝐞𝐬 𝐚𝐧𝐝 𝐜𝐨𝐢𝐧𝐬 𝐩𝐥𝐚𝐲 𝐢𝐧 𝐩𝐫𝐨𝐭𝐞𝐜𝐭𝐢𝐧𝐠 𝐭𝐡𝐞 𝐟𝐮𝐧𝐝𝐚𝐦𝐞𝐧𝐭𝐚𝐥 𝐫𝐢𝐠𝐡𝐭𝐬 𝐚𝐧𝐝 𝐟𝐫𝐞𝐞𝐝𝐨𝐦𝐬 𝐨𝐟 𝐭𝐡𝐞 𝐩𝐞𝐨𝐩𝐥𝐞 𝐨𝐟 𝐄𝐮𝐫𝐨𝐩𝐞." From 𝘛𝘩𝘦 𝘳𝘰𝘭𝘦 𝘰𝘧 𝘦𝘶𝘳𝘰 𝘣𝘢𝘯𝘬𝘯𝘰𝘵𝘦𝘴 𝘢𝘴 𝘭𝘦𝘨𝘢𝘭 𝘵𝘦𝘯𝘥𝘦𝘳, a speech by Yves Mersch, Member of the Executive Board of the European Central Bank, 14 February 2018 Full speech ➡️ https://lnkd.in/e2QMEzj4 #LegalTender #EuroCash #Eurosystem #DigitalEuro #RightsAndFreedoms #EuropeanUnion #CBDC #Cash <picture credit marcus spiske>

According to the OECD - OCDE, a resilient economy should provide both digital and cash payment options, guaranteeing secure and inclusive access for all consumers. Our selected highlights of the just released OECD - OCDE "𝘚𝘢𝘧𝘦𝘨𝘶𝘢𝘳𝘥𝘪𝘯𝘨 𝘊𝘰𝘯𝘴𝘶𝘮𝘦𝘳𝘴' 𝘈𝘤𝘤𝘦𝘴𝘴 𝘵𝘰 𝘊𝘢𝘴𝘩 𝘪𝘯 𝘵𝘩𝘦 𝘋𝘪𝘨𝘪𝘵𝘢𝘭 𝘌𝘤𝘰𝘯𝘰𝘮𝘺" report, several being highly relevant to the cash management industry: ➡️ The OECD underscores the importance of maintaining cash access points, including ATMs and bank branches, as a key responsibility for governments and financial institutions. This reinforces the ongoing need for CIT services to facilitate cash supply and distribution. ➡️ There should be stronger collaboration between public authorities, financial institutions, and service providers to preserve cash accessibility. CIT companies are essential players in this framework, ensuring secure and efficient cash logistics. ➡️ Certain policy proposals introduce innovative models, such as shared banking hubs or subsidized cash services in underserved areas. These changes may give the opportunity to CIT providers to adapt with more flexible and efficient operational strategies. ➡️ Should regulators implement requirements for businesses to accept cash or mandate a minimum level of cash access points, the demand for CIT services could be sustained or even grow, reinforcing the infrastructure needed to support cash availability. Full OECD report ▶️ https://lnkd.in/dx9QTKpu #Cash #GlobalCash #GlobalPaymentsTrends #DigitalPayments #AccessToCash #MandatoryAcceptance <AI-generated picture>

💶🇩🇪The Deutsche Bundesbank's March 2025 Monthly Report provides an analysis of access to cash in Germany, highlighting the current state and trends in cash availability. In short, while Germany currently maintains a dense network of cash withdrawal facilities, ongoing reductions in bank branches and ATMs, coupled with a growing perception of difficulty in accessing cash, highlight the need for continued efforts to sustain and enhance cash availability nationwide. Our selected highlights of the report: ➡️ The number of bank branches has more than halved since 2002, dropping from approximately 53,000 to around 21,000 in 2023. ➡️ ATMs peaked at about 59,000 in 2018 but have since declined to approximately 51,000. Factors contributing to this reduction include cost pressures, the rise of online banking, and security concerns related to ATM attacks. ➡️ German citizens finding it fairly difficult or very difficult to access an ATM or bank counter increased from 6% in 2021 to 15% in 2023. Despite this, the majority still consider their access to cash to be relatively easy. ➡️ Approximately 6,000 municipalities, encompassing 80.7 million inhabitants (95.7% of the population), have at least one ATM or bank counter. Conversely, around 3.6 million people reside in municipalities without such facilities and must travel elsewhere for cash withdrawals. On average, individuals live 1.4 kilometers from the nearest cash withdrawal facility, with 95.3% having access within a 5-kilometer radius. ➡️ In urban areas, the average distance to the nearest ATM or bank counter is 1.1 kilometers, with 98.1% of the population having access within 5 kilometers. In rural regions, the average distance increases to 1.9 kilometers, and 90.3% of residents have access within 5 kilometers. ➡️ Retailers offering cash withdrawal services complement traditional banking infrastructure. Including these points of sale reduces the average distance to the nearest cash withdrawal facility from 1.4 kilometers to 1.2 kilometers. However, the Deutsche Bundesbank emphasizes that retail cash services should supplement, not replace, bank-provided facilities due to differences in service scope and cash quality control. ➡️ The Deutsche Bundesbank underscores the importance of maintaining a robust cash infrastructure to preserve the public's freedom to choose between cash and digital payment methods. As part of the Eurosystem's cash strategy, the Bundesbank is committed to ensuring that cash remains a viable payment option and store of value. Full report ▶️ https://lnkd.in/eHPC-5GJ #Cash #Germany #EuroCash #AccessToCash #ATMs #CashInfrastructure <picture credit Niklas Jeromin>

Quote of the week: "𝐨𝐧𝐜𝐞 𝐭𝐡𝐞 𝐠𝐨𝐯𝐞𝐫𝐧𝐦𝐞𝐧𝐭 𝐡𝐚𝐬 𝐜𝐨𝐞𝐫𝐜𝐞𝐝 𝐞𝐯𝐞𝐫𝐲𝐨𝐧𝐞 𝐢𝐧𝐭𝐨 𝐮𝐬𝐢𝐧𝐠 𝐞𝐥𝐞𝐜𝐭𝐫𝐨𝐧𝐢𝐜 𝐜𝐮𝐫𝐫𝐞𝐧𝐜𝐲 𝐭𝐡𝐚𝐭 𝐢𝐭 𝐜𝐚𝐧 𝐜𝐨𝐧𝐭𝐫𝐨𝐥, 𝐢𝐭 𝐜𝐚𝐧 𝐭𝐡𝐞𝐧 𝐚𝐥𝐬𝐨 𝐜𝐨𝐧𝐭𝐫𝐨𝐥 𝐡𝐨𝐰 𝐭𝐡𝐞𝐲 𝐬𝐩𝐞𝐧𝐝 𝐢𝐭. 𝐓𝐡𝐞 𝐠𝐨𝐯𝐞𝐫𝐧𝐦𝐞𝐧𝐭 𝐭𝐡𝐞𝐧 𝐡𝐚𝐬 𝐭𝐡𝐞 𝐩𝐨𝐰𝐞𝐫 𝐭𝐨 𝐜𝐨𝐧𝐭𝐫𝐨𝐥 … 𝐞𝐯𝐞𝐫𝐲𝐭𝐡𝐢𝐧𝐠. 𝐈𝐭 𝐜𝐚𝐧 𝐢𝐝𝐞𝐧𝐭𝐢𝐟𝐲 𝐚𝐧𝐝 𝐛𝐥𝐨𝐜𝐤 𝐩𝐚𝐲𝐦𝐞𝐧𝐭𝐬 𝐭𝐨 𝐨𝐫 𝐟𝐫𝐨𝐦 𝐢𝐧𝐝𝐢𝐯𝐢𝐝𝐮𝐚𝐥𝐬 𝐨𝐫 𝐨𝐫𝐠𝐚𝐧𝐢𝐬𝐚𝐭𝐢𝐨𝐧𝐬 𝐨𝐟 𝐰𝐡𝐢𝐜𝐡 𝐢𝐭 𝐝𝐢𝐬𝐚𝐩𝐩𝐫𝐨𝐯𝐞𝐬. 𝐈𝐭𝐬 𝐜𝐨𝐧𝐭𝐫𝐨𝐥 𝐨𝐟 𝐩𝐚𝐲𝐦𝐞𝐧𝐭𝐬 𝐰𝐨𝐮𝐥𝐝 𝐛𝐞 𝐚𝐛𝐬𝐨𝐥𝐮𝐭𝐞 𝐚𝐧𝐝 𝐢𝐭 𝐜𝐨𝐮𝐥𝐝 𝐮𝐬𝐞 𝐭𝐡𝐚𝐭 𝐜𝐨𝐧𝐭𝐫𝐨𝐥 𝐭𝐨 𝐠𝐨 𝐚𝐟𝐭𝐞𝐫 𝐢𝐭𝐬 𝐞𝐧𝐞𝐦𝐢𝐞𝐬 – 𝐫𝐞𝐚𝐥 𝐨𝐫 𝐢𝐦𝐚𝐠𝐢𝐧𝐞𝐝 𝐦𝐚𝐤𝐞𝐬 𝐧𝐨 𝐝𝐢𝐟𝐟𝐞𝐫𝐞𝐧𝐜𝐞 – 𝐚𝐧𝐝 𝐝𝐞𝐬𝐭𝐫𝐨𝐲 𝐭𝐡𝐞𝐦 𝐛𝐲 𝐝𝐞𝐩𝐫𝐢𝐯𝐢𝐧𝐠 𝐭𝐡𝐞𝐦 𝐨𝐟 𝐭𝐡𝐞𝐢𝐫 𝐬𝐮𝐬𝐭𝐞𝐧𝐚𝐧𝐜𝐞. " From 𝘛𝘩𝘦 𝘸𝘢𝘳 𝘰𝘯 𝘤𝘢𝘴𝘩 𝘪𝘴 𝘢𝘣𝘰𝘶𝘵 𝘮𝘶𝘤𝘩 𝘮𝘰𝘳𝘦 𝘵𝘩𝘢𝘯 𝘤𝘢𝘴𝘩, by Kevin Dowd, Economic Affairs, 1 October 2019. Full paper here ➡️ https://lnkd.in/ex-qsJkR #Cash #DigitalPayments #CashLess #PaymentChoice #CBDC <AI-generated picture>

ESTA is celebrating 50 years of existence, and this Anniversary calls for extra attention: we will be focusing on the cash industry and its future challenges – and opportunities - in a “less cash” society. Next ESTA Conference and Exhibition will take place in Brussels, Belgium 11-13 May 2025 on the theme “𝐖𝐡𝐢𝐜𝐡 𝐂𝐚𝐬𝐡 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐟𝐨𝐫 𝐭𝐡𝐞 𝐧𝐞𝐱𝐭 50 𝐲𝐞𝐚𝐫𝐬?” The global trend towards digitisation is a major challenge for cash and the latest survey from the ECB has shown a further regress of cash payments at POS to 52% in 2024. However, cash resists in some places because people are attached to it. Reducing cash volumes are a challenge for the CIT industry, but the disengagement of commercial banks create opportunities in filling gaps in the cash infrastructure. This will be among the topics that the ESTA conference will discuss and the question of the conference theme will be tackled during the two day’s event by high-ranking industry specialists, EU decision-makers, and other key stakeholders. A large presence of the Cash in Transit companies and suppliers will provide unique networking opportunities throughout the two-day Conference and Exhibition. Although the ESTA conference and exhibition is a member event, non-members can attend subject to ESTAs approval.  ⏩ Register now and profit from the early bird rates until 1 April! https://lnkd.in/eFwXkK7Y Warm welcome to Brussels for our 50th Anniversary celebrations. #Cash #LegalTender #AccessToCash #Cashconference #Cashpayments #CITindustry Guillaume Nonain Luis Javier Oro Pradera Miguel Bandrés Stephan Kazes Jacques Temple Paul van der Knaap Antonis Kerastaris Paolo Spollon Michel Tresch Lucie Králová John Apthorpe Nicole Rydén

Spain has recently sanctioned five low-cost airlines for a total fine of 179 million euros for various abusive practices, 𝐢𝐧𝐜𝐥𝐮𝐝𝐢𝐧𝐠 𝐧𝐨𝐭 𝐚𝐥𝐥𝐨𝐰𝐢𝐧𝐠 𝐜𝐚𝐬𝐡 𝐩𝐚𝐲𝐦𝐞𝐧𝐭𝐬. Spanish Law prohibits any form of discrimination that impedes consumers or users from accessing products or services under equal conditions. Some of the airlines have announced they were appealing the fines. Full report on Plataforma Denaria's website ▶️ https://lnkd.in/eppw5F3m #Cash #CashPayments #MandatoryAcceptance #LegalTender #Euro #CashLessIllegal <Picture credit pixabay steve001>