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Payment Industry Updates

Covid-19 Update: May 2020
Vaultex continues to adapt to the challenges of Covid-19 to ensure the safety our people and protect cash services. We…
4 months ago
New pilot scheme aims to improve UK access to cash
Local communities are being encouraged to join a new pilot scheme to improve access to cash in their areas. The…
6 months ago
Bank for International Settlements release new global cash stats
New statistics published by the Bank for International Settlements (BIS) – a financial institution owned by central banks – has…
9 months ago
The Bank of England unveils the new £20 note
The Bank of England has unveiled the design of the new £20 polymer note, which features artist JMW Turner. With…
10 months ago
Mastercard offer UK retailers over the counter cashback
Mastercard is introducing a new service which will offer UK retailers a fee for processing cashback transactions over the counter.…
10 months ago
Which? campaign for better access to cash
New research from consumer group Which? claims that one in 10 of Britain’s free-to-use cash machines has either closed or…
11 months ago
£1.5bn of outdated £5 and £10 notes are still in the wild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…
11 months 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…
1 year 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…
1 year 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…
1 year 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…
1 year 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…
1 year 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…
1 year 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.…
2 years 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.…
2 years 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…
2 years 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…
2 years 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…
2 years 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…
3 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…
3 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…
3 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…
3 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…
3 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…
3 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…
3 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…
3 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…
3 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…
3 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…
3 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…
3 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…
3 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…
3 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…
3 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…
3 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…
3 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’.…
3 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…
3 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.…
3 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.…
3 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…
3 years ago