Insights
Insights
Can You Buy a House with Physical Cash in the UK?
In theory, yes - it is legal to buy a house with physical cash in the UK.However, in practice, this method is far from simple....
Can You Deposit Money at an ATM?
It is possible to withdraw money at an ATM. However, not all banks allow cash deposits, so it’s essential to check with...
When Will Cash Be Obsolete In The UK?
There are estimates that predict there’s around $40 trillion in physical money circulating worldwide today, so in these circumstances it is...
What is the Digital Divide? How can it be Reduced?
The digital divide refers to the increasing gap between those who have ready access to digital technologies - such as the internet,...
How Do Money Counters Work?
In a society where cash transactions remain a cornerstone of commerce, efficiency and accuracy in cash management are more critical than ever...
What is a Cashless Society?
In recent years, the use of cashless transactions has skyrocketed on a global scale - with the annual number of cashless transactions...
How Do Coin Sorters Work?
A coin sorting machine is a vital tool for businesses and financial institutions that deal with large volumes of coins on a...
The History of Counterfeiting Money
Counterfeiting, the production of fake paper currency, is an ancient practice that has evolved alongside money itself.From early coin forgeries to counterfeit...
Is the British Pound Sterling Backed by Gold?
To answer your question ... is the pound backed by gold?Put simply, no, the British Pound Sterling is not backed by gold,...
