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Money in Motion: 2024 Trends in Integrated Cash Handling

Introduction In a remarkable turnaround driven by a change in consumer behaviour, 2024 looks like the year that organisations will be looking to blend physical cash acceptance with smart digital technology. This is a far cry from the post-Covid-19 pandemic when the world thought cash was literally to be avoided like the plague. In this article, we explore the reasons for the resurgence in ...

Money in Motion: 2024 Trends in Integrated Cash Handling2024-01-29T13:27:09+00:00

PayComplete Attains ISO 27001 Certification: A Milestone in Data Security

PayComplete, a leading fintech company, proudly announces the attainment of ISO 27001 certification, a pinnacle achievement in information security management. This internationally recognized standard underscores PayComplete's unwavering commitment to safeguarding sensitive data, ensuring operational excellence, and bolstering cyber-resilience. The Significance of ISO 27001 Certification ISO 27001 is a globally acclaimed standard that sets forth stringent requirements for establishing, implementing, maintaining, and continually enhancing an ...

PayComplete Attains ISO 27001 Certification: A Milestone in Data Security2024-01-24T13:03:39+00:00

Cash Shrinkage: The Causes and How to Fix Them

Every company that handles cash is exposed to the same relentless challenge - cash shrinkage. For Loss Prevention Officers, finding and plugging the leaks in your company’s cash management will demand you develop a hawk eye for detail and bullet proof processes.You also need to keep up with the latest technology to make you as effective as possible in your role. But where do you ...

Cash Shrinkage: The Causes and How to Fix Them2024-01-24T15:48:18+00:00

Mastering cost control: Steps to drive cash performance and profitability

Your cash management processes can play a big part in the operational performance and resilience of your business. A recent study by EY-Parthenon found that of 5,000 of the top largest public companies tracked globally, those with better cash management were 19% more resilient than their low-performing peers while 21% were better at limiting initial shocks caused by market downturns. From a Operations Director’s ...

Mastering cost control: Steps to drive cash performance and profitability2024-01-24T15:48:44+00:00

Unlocking the power of cloud connectivity for cash management

The boundaries of traditional cash management practices have been blown wide open with the arrival of cloud technology.In an age where businesses are constantly seeking efficiency, transparency, and agility, cloud connectivity has emerged as a critical component in meeting the demands of organisations to streamline their financial operations.The scalability and flexibility of cloud services could reach $600 billion this year alone, and according to the ...

Unlocking the power of cloud connectivity for cash management2024-01-24T15:49:31+00:00

Boosting productivity in cash transactions: Key tips for success

Cash still matters. In today’s digital payments age, cash transactions remain vital for many businesses, across many industry verticals.According to the European Central Bank, cash was used for 59% of point-of-sale transactions in 2022, despite a continuing decline in overall market share versus electronic payments.This is evidenced further by the Bank for International Settlements, which maintains digital payments have not yet fully overtaken cash. Public ...

Boosting productivity in cash transactions: Key tips for success2024-01-24T15:49:46+00:00

Exploring the financial impact of cash transactions.

The number of payments made using physical cash has risen for the first time in a decade, with a 7% increase compared to 2022 figures, according to UK Finance. This is a clear signal to finance directors that cash is still an important part of daily life for both businesses and consumers when paying for certain products and services. A world without cash is ...

Exploring the financial impact of cash transactions.2024-01-24T15:49:58+00:00

Back to cash – why transportation users still demand payment choice

Many companies are trying to wean their customers away from cash payments, but some are fighting against this loss of choice. In fact, 2023 saw the use of cash increase for the second year in a row according to figures from the Nationwide Building Society in the UK.Cash seems to have a stronghold for particular types of transactions, such as bus fare payments. Now is ...

Back to cash – why transportation users still demand payment choice2024-01-24T15:50:13+00:00

Preserving The Pound: ‘Don’t Kill Cash’ Campaign Gains Momentum In the UK

Just as some people were about to pronounce the death of cash – it looks like it is making a comeback. In 2023, cash use in the UK increased for a second year running, after a decade of decline. There is now also a movement being championed by UK media and involving politicians to recognise the continuing relevance of cash - and even protect access ...

Preserving The Pound: ‘Don’t Kill Cash’ Campaign Gains Momentum In the UK2024-01-24T15:50:29+00:00

From Pocket to Purchase: Understanding the Role of Cash in Spanish Retail

Cash has been around for over 5,000 years, with the first coins being used in China around 770 BC. Today, cash remains a fundamental aspect of daily life for many consumers, offering a tangible and universally accepted form of payment. In Spain, as in many other European countries, the role of cash for retail payments has evolved in response to new technology and changing consumer ...

From Pocket to Purchase: Understanding the Role of Cash in Spanish Retail2024-01-24T15:50:55+00:00
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