Our Insights2020-05-04T00:11:57+10:00
Loading...

The Blond Group has a solid track record of completing a wide range of specialist primary research, delivering comprehensive analysis and robust recommendations.

While some research and market insights remain client confidential, other work is published for a wider audience. We welcome feedback on any of the issued raised and stand ready to discuss any specific assignments you may have.

Cash is not just a dirty word!

Amid the current furore about whether cash is safe to use, it’s timely to reflect that currency not only serves as a ready means of payment, but also a store of wealth. In a rush by some to abandon cash – or see its use side-lined – it is also important to consider than for many people around the world, cash is also often their only readily available means of payment. Cash is unique as it is both a way to pay and a store of value. This explains the contradiction between continued growth in currency in circulation, yet in many countries a decline in its transactional use. It is worth remembering that cash in its various physical forms – banknotes and coin of varying denominations - satisfy different public needs. As data [...]

Categories: Currency|Tags: , , |

Inside the cash cycle

For the consumer, the ready availability of cash is largely a given. Indeed in times of adversity people turn to physical currency as a safe store of value, a means of transaction that does not require working infrastructure - be that financial institutions, electricity or communication supplies - and often also as a budgetary tool to help manage household finances. The provision of currency is dependent on a highly complex supply chain both providing new and fit currency for withdrawal (the manufacturing supply chain), but also for the collection of deposits and surplus currency, in technical terms referred to as Reverse Supply Logistics. The cash cycle is in effect a Closed Loop Supply Chain on a vast scale. While this article was written by the Blond Group as a whitepaper for NCR, back [...]

Categories: Cash Cycle, Currency|

Welcome to the third edition of ICG’s Retail Payments Innovation Global Industry Radar

The Blond Group, an affiliate of the Internal Consulting Group (ICG) has produced a number of research publications, including the Retail Payments Innovation Global Industry Radar (GIR). Here is an extract from the Top Themes from the August 2016 edition, a full copy of which can be downloaded below. Top Themes This edition of the GIR is grouped into nine top themes, seven carried over from the last edition, one updated and one new addition. We report continued significant innovation from domestic debit card and payment schemes. Notably Interac in Canada has achieved a number of domestic debit ‘firsts’ proprietary token generation and management service, being the first domestic debit scheme to be offered as part of Apple Pay and collaborating internationally with BankAxept, [...]

Categories: Payments|

Cash-down-down-under

‘Flush without cash’ – Adelaide Advertiser; ‘Cash losing lustre as card usage surges’ – Melbourne Age; ‘Cashless economy moves closer’ - The Australian, ‘King Cash’s reign comes to an end’ – West Australian, Perth. Reading the Australian newspaper headlines last month would lead you to believe that cash use in Australia is on the way out. Once past the screaming headlines, however, there was generally more sober reporting of the third survey of ‘Consumers’ Use of Payment Methods’, a seven-day diary study by the Reserve Bank of Australia (RBA). Since this original article was published in Currency News in July 2014 the Reserve Bank of Australia has gone on to conduct two further payment studies in 2016 and 2019, both charting a continued decline in cash use as alternatives, especially debit card, [...]

Categories: Currency, Payments|