Payment Industry Updates

£1.5bn of outdated £5 and £10 notes are still in the wild
Do you have any old Bank of England five or ten pound notes knocking about? You're not alone. Although they…
3 weeks ago
Alan Turing named as the face of the £50 polymer note
The Bank of England have announced that computer pioneer and codebreaker Alan Turing will feature on the new design of…
2 months ago
Vaultex’s service recognised at Barclays Supplier Awards
We’re delighted to announce that Vaultex was recently named joint runner-up in the Supplier of Year category at the Barclays…
2 months ago
The changing face of UK coins
UK coins have very much been in the spotlight this last week. The Royal Mint did not produce any 20p…
4 months ago
UK Access to Cash Report published
A major new UK report, Access to Cash, by former Chief Financial Ombudsman Natalie Ceeney, makes a strong case for…
6 months ago
Vaultex Gender Pay Gap Report 2018
Vaultex continues to promote equal opportunities throughout every capacity of the organisation. As a Living Wage Foundation accredited employer, we…
6 months ago
Vaultex: A Living Wage Foundation employer
In April 2016, Vaultex became the first cash management company to become an accredited Living Wage Foundation Employer. That’s because…
7 months ago
Access to cash report published
A new report authored by ex-financial ombudsman Natalie Ceeney outlines the dangers of the UK sleepwalking into a cashless society.…
9 months ago
Vote for the face of the £50 polymer
Today is the last day to put forward your nomination for who should go on the new £50 polymer note.…
9 months ago
Webinar, Tuesday 27th Nov, 11am: the social factors behind payment choice
What determines how people pay for their goods and services? How might using cash instead of a debit card reflect…
10 months ago
Why we need cash
In a recent article (25th August), New Scientist magazine makes a compelling argument for the continuing importance of cash and…
1 year ago
UK payments regulator to probe card acquiring market
The UK's Payments Systems Regulator (PSR) is to conduct a market review into the consumer and business card acquisition following…
1 year ago
Vaultex featured in the Guardian
Vaultex Commercial Director Mark Trevor is quoted in a Guardian article regarding UK cash use. Mark responded to claims that UK…
2 years ago
Deadline approaches for returning old £10 note
It's believed that more than £2bn old cotton paper £10 notes are still in circulation - with less than two…
2 years ago
Royal Mint 2018 Annual Set
The Royal Mint have unveiled their annual coin sets for 2018. The sets capture a snapshot of the year’s memorable…
2 years ago
New European Central Banks report shows cash is still going strong
A new study by the European Central Bank shows that the use of cash is still widespread in most European…
2 years ago
New polymer £10 launches
The Bank of England has issued the new £10 note featuring the novelist Jane Austen. It’s the first Bank of…
2 years ago
UK Treasury visit Vaultex Dagenham
Vaultex’s Dagenham coin site has hosted a visit from the Exchequer Secretary to the Treasury, Andrew Jones MP, as part…
2 years ago
The Bank of England unveils new £10 polymer note
The Bank of England unveiled the new £10 polymer note, which features a portrait of Jane Austen, at Winchester Cathedral…
2 years ago
Royal Mint unveils Jane Austen £2
The Royal Mint has unveiled a new £2 coin featuring author Jane Austen to mark the 200th anniversary of her…
2 years ago
The ATM is turning 50
On 27th June 1967, Barclays unveiled the first Automated Teller Machine (ATM) at a branch in Enfield, London. It was…
2 years ago
Vaultex Annual Report
Vaultex continues to offer intelligent, accountable and integrated cash management services that save our customers time and money across the…
2 years ago
The Royal Mint launches its first bullion products
London Platinum Week marks The Royal Mint’s move into the platinum bullion market. The first in a range of investment-grade bullion…
2 years ago
Barclays launch awareness campaign on financial fraud
Barclays has launched a new £10m nationwide drive to increase the public's awareness of financial fraud risks. The latest crime…
2 years ago
“Drive-thru” banks could be coming to the UK
"DRIVE-thru" banking could arrive in the UK next year, with major banks in talks to replace local branches with high-tech virtual…
2 years ago
New app helps you find nearby ATMs
LINK has launched a free app to help people find nearby ATMs. Connected to LINK’s ATM database, it shows the…
2 years ago
Study: cash has important role to play in financial inclusion
The ATM Industry Association has published a new study on the role cash plays in financial inclusion. The study presents an…
2 years ago
85% of Brits have concerns over new payment methods
A new survey has found that 77% of Brits have concerns about using new payment methods such as contactless or…
2 years ago
Storefront ATM machines will be subject to business rates
A tribunal has ruled that cashpoints built into stores should be subject to a separate business rate. The judgment by…
2 years ago
Bank of England to unveil new £10 note on July 18th
The Bank of England will officially unveil the new £10 Jane Austin Polymer note in Winchester Cathedral on Tuesday 18th July…
2 years ago
Only 1% of UK consumers opt for mobile pay, study says
A new study suggests that the use of contactless cards has resulted in the slower adoption of mobile pay services…
2 years ago
Bank of Canada’s website hides an Easter secret
The Bank of Canada’s website features an Easter egg that can only be unlocked via a videogame inspired ‘cheat code’.…
2 years ago
MasterCard cleared to acquire Vocalink
The UK's Competition and Markets Authority (CMA) has cleared Mastercard's £700 million acquisition of Vocalink. The payments company has promised to…
2 years ago
The Royal Mint unveil new Beatrix Potter coins
The Royal Mint has unveiled a new set of coloured 50p coins featuring characters from Beatrix Potter’s Peter Rabbit series.…
2 years ago
Europeans still favour cash
Europeans still favour cash for most payments at points-of-sale, according to a forthcoming survey carried out by the European Central Bank.…
2 years ago
Slow progress towards digital money
A new report by from Citi and Imperial College London suggests that the world as a whole is making slow…
2 years ago