News

Deutsche Bank: Cash is Here to Stay. Cards will go Away.

Deutsche Bank: Cash is Here to Stay. Cards will go Away.

In 2016, John Cryan, the CEO of Deutsche Bank, speaking at the World Economic Forum in Davos,  boldly announced “Cash, I think, in ten years’ time probably won’t (exist). There is no need for it, it is terribly inefficient and expensive”. The panel was shared by...

Irish Banks to Sell a Third of their ATMs to Independent Deployers

Irish Banks to Sell a Third of their ATMs to Independent Deployers

According to the ECB, there are currently just over 3,000 bank-owned ATMs in Ireland and an additional 750 are operated by independent deployers. The Irish Independent reports that Bank of Ireland aims to sell off 700 and Allied Irish Bank 375. Most are located in...

Amazon reinvents cash as a payment option

Amazon reinvents cash as a payment option

The astronauts of Apollo 10 in the 1960s were the first to shave in space. Nasa spent a lot of time and resources investigating electric razors. However, there was always the issue of bits of floating hair, which could have caused a serious problem if they had got...

Our generation will not see cash disappear

Our generation will not see cash disappear

The end of the world is not getting nearer for cash. It will be years and probably decades before it comes to an end. “The truth must be told to the population: our generation will not see the end of cash,” said Isidoro Alanis, president of Global Exchange Group....

The Euro turns 20 and continues to grow

The Euro turns 20 and continues to grow

The euro was introduced to the world in 1999, though the notes were launched in 2002. It is today the currency of the 343 million citizens of the euro area. It is the second-largest reserve currency and the second most traded currency in the foreign exchange market....

Dirty Money – how clean are cash, cards and coins?

Dirty Money – how clean are cash, cards and coins?

Every day we’re handling payments. Be it in the form of cash, cards or coins; from paying for our groceries at the cashier to handing spare change to street buskers – our fingers, at one point or another, will come in contact with them. But do you ever wonder exactly...

Business Development Manager

Business Development Manager

Premium Cash Solutions (PCS) supply, install, maintain and advise on a wide range of cash handling solutions to the retail, hospitality, leisure, forecourt and convenience store sectors. They are the exclusive distributor in Ireland for Gunnebo cash automation...

Ones to Watch: Premium Cash Solutions

Ones to Watch: Premium Cash Solutions

In our Ones to Watch section, we highlight some of the top up and coming businesses in Ireland. This week we feature Premium Cash Solutions. What is it? Premium Cash Solutions (PCS) supply, install, maintain and advise on a wide range of cash handling solutions to the...

Irish fintech company simplifies processing of retail cash

Irish fintech company simplifies processing of retail cash

If you fill up at Circle K or Maxol service stations or shop at a Spar then there’s a good chance you’re already familiar with some form of cash automation. The till drawer behind the counter has gone and been replaced with a secure cash recycling machine and while...

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