Weekly ATM value and volume figures 23 January 2022. Key observations for the week ending 23 January 2022: The volume of ATM transactions increased by 2% when compared to the previous week in 2022. The volume of ATM transactions increased by 23% when compared to the equivalent week in 2021. The volume of ATM transactions... Continue Reading →

In this blog we take a look at the publication of the LINK Consumer Council’s Annual Report for 2021 which provides some interesting insights into financial inclusion in the UK. The report summarises the work done in 2021 by the LINK Scheme Ltd Consumer Council who advise LINK on all their financial inclusion work, and has spearheaded... Continue Reading →

Weekly ATM value and volume figures 16 January 2022. Key observations for the week ending 16 January 2022: The volume of ATM transactions increased by 11% when compared to the previous week in 2022. The volume of ATM transactions increased by 23% when compared to the equivalent week in 2021. The volume of ATM transactions... Continue Reading →

Weekly ATM value and volume figures 9 January 2022. Key observations for the week ending 9 January 2022: The volume of ATM transactions increased by 9% when compared to the previous week in 2022. The volume of ATM transactions increased by 12% when compared to the equivalent week in 2021. The volume of ATM transactions... Continue Reading →

Weekly ATM value and volume figures 2 January 2022. Key observations for the week ending 2 January 2022: The volume of ATM transactions decreased by 26% when compared to the previous week in 2021. The volume of ATM transactions increased by 10% when compared to the equivalent week in 2020. The volume of ATM transactions... Continue Reading →

Wave after wave of bank branch closures The Independent closed 2021 with the startling claim that “Nearly half of banks’ branches ‘have been lost since 2015 or are set to shut”.1 In the article Which? raised their concerns over bank branch closures: ‘Wave after wave’ of bank branch closures have left many people who depend... Continue Reading →

Weekly ATM value and volume figures 26 December 2021. Key observations for the week ending 26 December 2021: The volume of ATM transactions decreased by 6% when compared to the previous week in 2021. The volume of ATM transactions increased by 16% when compared to the equivalent week in 2020. The volume of ATM transactions... Continue Reading →

Weekly ATM value and volume figures 19 December 2021. Key observations for the week ending 19 December 2021: The volume of ATM transactions increased by 5% when compared to the previous week in 2021. The volume of ATM transactions increased by 2% when compared to the equivalent week in 2020. The volume of ATM transactions... Continue Reading →

Weekly ATM value and volume figures 12 December 2021. Key observations for the week ending 12 December 2021: The volume of ATM transactions decreased by 3% when compared to the previous week in 2021. The volume of ATM transactions increased by 1% when compared to the equivalent week in 2020. The volume of ATM transactions... Continue Reading →

Weekly ATM value and volume figures 5 December 2021. Key observations for the week ending 5 December 2021: The volume of ATM transactions increased by 4% when compared to the previous week in 2021. The volume of ATM transactions increased by 4% when compared to the equivalent week in 2020. The volume of ATM transactions... Continue Reading →

Following a successful 12-month pilot, Link, the UK’s largest cash machine network, is rolling out Cashback Without Purchase across the UK, enabling consumers to withdraw any amount up to £50 at small high street shops and retailers. Already live in over 1000 locations, PayPoint is the first of Link’s Members to provide the service and... Continue Reading →

Weekly ATM value and volume figures 28 November 2021. Key observations for the week ending 28 November 2021: The volume of ATM transactions decreased by 2% when compared to the previous week in 2021. The volume of ATM transactions increased by 10% when compared to the equivalent week in 2020. The volume of ATM transactions... Continue Reading →

Weekly ATM value and volume figures 7 November 2021. Key observations for the week ending 7 November 2021: Last week the volume of ATM transactions decreased by 2% when compared to the previous week in 2021. Last week the volume of ATM transactions increased by 8% when compared to the equivalent week in 2020. Last... Continue Reading →

Weekly ATM value and volume figures 31 October 2021. Key observations for the week ending 31 October 2021: Last week the volume of ATM transactions increased by 5% when compared to the previous week in 2021. Last week the volume of ATM transactions increased by 5% when compared to the equivalent week in 2020. Last... Continue Reading →

Why reports of the death of cash are greatly exaggerated As the determined march towards a digital economy continues, cash might seem almost old-fashioned at times to those now so used to paying by debit card or online. Indeed, the days in which our wallets and purses were packed with a busy assortment of notes... Continue Reading →

Weekly ATM value and volume figures 24 October 2021. Key observations for the week ending 24 October 2021: Last week the volume of ATM transactions decreased by 2% when compared to the previous week in 2021. Last week the volume of ATM transactions increased by 2% when compared to the equivalent week in 2020. Last... Continue Reading →

Weekly ATM value and volume figures 17 October 2021. Key observations for the week ending 17 October 2021: Last week the volume of ATM transactions decreased by 1% when compared to the previous week in 2021. Last week the volume of ATM transactions increased by 3% when compared to the equivalent week in 2020. Last... Continue Reading →

Weekly ATM value and volume figures 10 October 2021. Key observations for the week ending 10 October 2021: Last week the volume of ATM transactions increased by 0% when compared to the previous week in 2021. Last week the volume of ATM transactions increased by 1% when compared to the equivalent week in 2020. Last... Continue Reading →

Weekly ATM value and volume figures 3 October 2021. Key observations for the week ending 3 October 2021: Last week the volume of ATM transactions decreased by 2% when compared to the previous week in 2021. Last week the volume of ATM transactions decreased by 1% when compared to the equivalent week in 2020. Last... Continue Reading →

Weekly ATM value and volume figures 26 September 2021. Key observations for the week ending 26 September 2021: Last week the volume of ATM transactions increased by 2% when compared to the previous week in 2021. Last week the volume of ATM transactions increased by 2% when compared to the equivalent week in 2020. Last... Continue Reading →

Weekly ATM value and volume figures 19 September 2021. Key observations for the week ending 19 September 2021: Last week the volume of ATM transactions decreased by 1% when compared to the previous week in 2021. Last week the volume of ATM transactions decreased by 3% when compared to the equivalent week in 2020. Last... Continue Reading →

LINK is the UK's cash machine (ATM) network and the busiest ATM transaction switch in the world. Effectively every cash machine in the UK is connected to LINK, and LINK is the only way banks and building societies can offer their customers access to cash across the whole of the UK. All the UK's main... Continue Reading →

Weekly ATM value and volume figures 12 September 2021. Key observations for the week ending 12 September 2021: Last week the volume of ATM transactions decreased by 2% when compared to the previous week in 2021. Last week the volume of ATM transactions decreased by 2% when compared to the equivalent week in 2020. Last... Continue Reading →

Weekly ATM value and volume figures 5 September 2021. Key observations for the week ending 5 September 2021: Last week the volume of ATM transactions decreased by 3% when compared to the previous week in 2021. Last week the volume of ATM transactions decreased by 1% when compared to the equivalent week in 2020. Last... Continue Reading →

Weekly ATM value and volume figures 29 August 2021. Key observations for the week ending 29 August 2021: Last week the volume of ATM transactions increased by 7% when compared to the previous week in 2021. Last week the volume of ATM transactions decreased by 1% when compared to the equivalent week in 2020. Last... Continue Reading →

Weekly ATM value and volume figures 22 August 2021. Key observations for the week ending 22 August 2021: Last week the volume of ATM transactions decreased by 2% when compared to the previous week in 2021. Last week the volume of ATM transactions decreased by 1% when compared to the equivalent week in 2020. Last... Continue Reading →

Weekly ATM value and volume figures 15 August 2021. Key observations for the week ending 15 August 2021: Last week the volume of ATM transactions increased by 2% when compared to the previous week in 2021. Last week the volume of ATM transactions increased by 1% when compared to the equivalent week in 2020. Last... Continue Reading →

Weekly ATM value and volume figures 8 August 2021. Key observations for the week ending 8 August 2021 Last week the volume of ATM transactions decreased by 2% when compared to the previous week in 2021. Last week the volume of ATM transactions decreased by 1% when compared to the equivalent week in 2020. Last... Continue Reading →

In the midst of a digital payments revolution it is all too easy to discount physical notes and coins as being an historic artefact with no place in today's payment mix. However, despite a 38% week on week decrease in the use of the UK's ATM's (2019 vs 2021) the Financial Conduct Authority state that... Continue Reading →

Weekly ATM value and volume figures 1 August 2021. Key observations for the week ending 1 August 2021 Last week the volume of ATM transactions increased by 3% when compared to the previous week in 2021. Last week the volume of ATM transactions decreased by 2% when compared to the equivalent week in 2020. Last... Continue Reading →

Guest blog: David Fagleman, Enryo Limited. On the 23 June 2021 the new polymer £50 banknote, featuring Alan Turing, entered circulation, representing the final phase of UK currency modernisation, a project that started in 2015 with the polymer £5, followed by the 12-sided £1 coin (2016), the polymer £10 (2017) and polymer £20 (2020). With Scottish and... Continue Reading →

Weekly ATM value and volume figures 25 July 2021. Key observations for the week ending 25 July 2021 Last week the volume of ATM transactions increased by 3% when compared to the previous week in 2021. Last week the volume of ATM transactions decreased by 1% when compared to the equivalent week in 2020. Last... Continue Reading →

Research commissioned by the Financial Conduct Authority and the UK's Payment Systems Regulator finds that most people have reasonable access to cash through a combination of bank, building society, or Post Office branches and ATMs. The FCA and PSR estimate that 95.4% of the UK population are within 2km of a free cash access point... Continue Reading →

Weekly ATM value and volume figures 18 July 2021. Key observations for the week ending 18 July 2021 Last week the volume of ATM transactions decreased by 3% when compared to the previous week in 2021. Last week the volume of ATM transactions decreased by 3% when compared to the equivalent week in 2020. Last... Continue Reading →

Weekly ATM value and volume figures 11 July 2021. Key observations for the week ending 11 July 2021 Last week the volume of ATM transactions decreased by 3% when compared to the previous week in 2021. Last week the volume of ATM transactions increased by 1% when compared to the equivalent week in 2020. Last... Continue Reading →

Weekly ATM value and volume figures 4 July 2021. Key observations for the week ending 4 July 2021 Last week the volume of ATM transactions increased by 4% when compared to the previous week in 2021. Last week the volume of ATM transactions increased by 6% when compared to the equivalent week in 2020. Last... Continue Reading →

A new change card and app designed to replace coins by start-up Shrap has started real life trials - with the first two pilots now underway in Rochford in Essex and Denny in Scotland as part of the UK's Community Access to Cash Pilots. With a significant reduction in cash use - particularly during the Coronavirus pandemic... Continue Reading →

Weekly ATM value and volume figures 27 June 2021. Key observations for the week ending 27 June 2021 Last week the volume of ATM transactions increased by 1% when compared to the previous week in 2021. Last week the volume of ATM transactions increased by 9% when compared to the equivalent week in 2020. Last... Continue Reading →

Weekly ATM value and volume figures 20 June 2021. Key observations for the week ending 20 June 2021 Last week the volume of ATM transactions decreased by 1% when compared to the previous week in 2021. Last week the volume of ATM transactions increased by 11% when compared to the equivalent week in 2020. Last... Continue Reading →

Weekly ATM value and volume figures 13 June 2021. Key observations for the week ending 13 June 2021 Last week the volume of ATM transactions decreased by 0.3% when compared to the previous week in 2021. Last week the volume of ATM transactions increased by 18% when compared to the equivalent week in 2020. Last... Continue Reading →

Any glance at any payment statistic, from Faster Payments to contactless, to click and collect and to the growing global trend of Request to Pay, would suggest that cash no longer has a place in any business in this mid- pandemic 2021 digital world.  Have digital options even replaced the petty cash tin? In a... Continue Reading →

Weekly ATM value and volume figures 6 June 2021. Key observations for the week ending 6 June 2021 Last week the volume of ATM transactions decreased by 4% when compared to the previous week in 2021. Last week the volume of ATM transactions increased by 18% when compared to the equivalent week in 2020. Last... Continue Reading →

Weekly ATM value and volume figures 30 May 2021. Key observations for the week ending 30 May 2021 Last week the volume of ATM transactions increased by 10% when compared to the previous week in 2021. Last week the volume of ATM transactions increased by 23% when compared to the equivalent week in 2020. Last... Continue Reading →

Weekly ATM value and volume figures 23 May 2021. Key observations for the week ending 23 May 2021 Last week the volume of ATM transactions increased by 1% when compared to the previous week in 2021. Last week the volume of ATM transactions increased by 13% when compared to the equivalent week in 2020. Last... Continue Reading →

Covid-19 has had an unprecedented effect on people’s lives. Analysing this through the lense of consumer payments, the lockdown measures have had a colossal impact on the majority of businesses as they were forced to shut and people remained indoors in an effort to fight the virus. These measures suppressed normal behaviour and, as a... Continue Reading →

Weekly ATM value and volume figures 16 May 2021. Key observations for the week ending 16 May 2021 Last week the volume of ATM transactions increased by 4% when compared to the previous week in 2021. Last week the volume of ATM transactions increased by 20% when compared to the equivalent week in 2020. Last... Continue Reading →

Weekly ATM value and volume figures 9 May 2021. Key observations for the week ending 9 May 2021 Last week the volume of ATM transactions decreased by 9% when compared to the previous week in 2021. Last week the volume of ATM transactions increased by 19% when compared to the equivalent week in 2020. Last... Continue Reading →

Weekly ATM value and volume figures 2 May 2021. Key observations for week ending 2 May 2021 Last week ATM transactions increased by 1.6 million (when compared to the previous week). Last week's ATM transactions were 7.3 million more than the equivalent week in 2020. Weekly ATM use has increased by 31% compared to the... Continue Reading →

Weekly ATM value and volume figures 25 April 2021. Key observations for week ending 25 April 2021 Last week ATM transactions decreased by 0.7 million (when compared to the previous week). Last week's ATM transactions were 6.9 million more than the equivalent week in 2020. Weekly ATM use has increased by 31% compared to the... Continue Reading →

A guest blog by Conor Sinnott - Conor is an intern at independent financial services consultancy Enryo. Covid-19 has not only driven new changes in consumer habits but also accelerated trends that have been developing since before the turn of the century. This is no more obvious than in the use of cash and coins... Continue Reading →