Kenya’s Parliament Endorses Landmark Bill to Protect Cash Users
The Kenyan National Assembly’s Committee on Finance and National Planning has recently endorsed an amendment to the Central Bank of Kenya Bill to protect the use of cash in face-to-face commerce. Under the proposed legislation, all businesses dealing with customers in person would be required to accept cash payments of up to KSh 100,000. Providers would […]
Cash Access and the New Legal Frontiers
Governments across continents are waking up to the manufactured scarcity of cash—think mass closures of bank branches and a shrinking ATM network, as well as unparalleled marketing and lobbying from card giants, all nudging society to go digital. But 2025 is proving that when policy and public opinion converge, cash doesn’t vanish quietly. It rallies. […]
The Manufactured Myth of Convenience: Why Cash Still Matters
You’ve seen them everywhere. Those glossy advertisements painting a picture of payment perfection: the cheerful barista, the customer effortlessly waving their phone over a sleek terminal, the street vendor sporting a contactless reader like a badge of modernity. Even grandma, once clutching her purse protectively, now taps her smartwatch with the confidence of a digital […]
Komori Rejoins the International Currency Association
The International Currency Association (ICA) is pleased to announce that Komori has rejoined the association. At its meeting on 27 June, the ICA Board of Directors unanimously approved Komori’s application and welcomed the company back as a valued member. A global leader in printing technology, Komori brings extensive experience and innovation to the currency industry. The company expressed […]
New board of directors for the ICA
At the conclusion of the association’s Global Currency Forum 2024 conference, the ICA members held their annual general meeting. Two delegates per ICA member company participate in this meeting. The new ICA board is composed as follows: Etienne Couëlle – Oberthur – Chair Annette Holdermann – Giesecke + Devrient – Vice-chair Dieter Merkle – Schuler […]
Zeiser becomes a member of the ICA
Press release, April 15, 2024 – The International Currency Association (ICA), the voice of the world’s currency sector, is delighted to announce that Zeiser GmbH has become a new member of the association. Zeiser’s new membership further signifies the ICA’s broadening footprint and representation of the global currency industry. The association now has a total […]
ICA annual general meeting and appointment of board
ICA members at annual general meeting have appointed their new board. The new leadership will prioritise the planning for the 2024 Global Currency Forum and providing further value to the membership through the work of the committees. Press release, October 18, 2023 – The International Currency Association (ICA), representing the global currency sector, held its […]
Cash is legal tender – ICA ready to engage with all stakeholders on new European Union legislation
The European Commission, the European Union’s legislator, has today published a proposal on the legal tender status of euro banknotes and coins. The International Currency Association (ICA), representing the global currency sector, applauds the body for proposing new legislation that mandates the acceptance of cash. “Ensure that retailers accept cash” is the first of the […]
ICA white paper on cash policy
ICA cash policy white paper with key recommendations to policymakers and stakeholders For over 5,000 years, cash has been the cornerstone of trade, the economy and society. Today, the ability of people to access and use cash is under threat. Global electronic payment companies, which make huge profits by selling customer data or by charging […]
ICA holds AGM and welcomes new chair and vice-chair for its board
The International Currency Association (ICA), representing the global currency sector, held its annual general meeting today. In order to allow as many members as possible from around the globe to participate, the meeting was held virtually. This was an opportunity to reflect on the exciting year that has passed, with the first-ever edition of the […]