ATMs
Britain Attempts £5 Banknote Revival
In an attempt to revive the life of the £5 banknote, British banks will soon make the notes available in automated teller machines (ATMs).
The Bank of England says the £5 was beginning to fall out of circulation because many people now consider the denomination to be “small change.” As a result, a bank source [...]
Uzbekistan Debit Woes Highlight Continual Need For Banknotes
A move to reduce the amount of banknotes used in everyday transactions in Uzbekistan has hit some rather large setbacks, at times leaving people with no cash in hand at all.
The central-Asian country recently launched a campaign to push the use of debit cards as a more convenient way of conducting transactions, with the government [...]
“Top 10 Things You Didn’t Know About Money”
With the US Mint launching the release of a new $1.00 coin in November, Time Magazine drafted this list of top-ten tidbits about money that may surprise you:
#1 – The Largest Banknote: Measuring in at roughly the size of a sheet of legal paper, the world’s largest single banknote is the 100,000-peso note created by [...]
British Business Leaders Demand More Ten Dollar Banknotes
In a prime example of how the demand for banknotes is rising even in a plastic and digital age (see also: Combating Counterfeiting: A Brief History of Security Features ), the Daily Mail reported this week that British business leaders have urged the Bank of England to increase the number of £10 notes in circulation.
The [...]
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