Imagine a world without cash

Imagine a world without cash. No more wallets full of crumpled bills, no more fumbling with change at the grocery store, no more worrying about losing your money on a night out. It might sound like a dream come true for some, but what would a cashless society really look like?

David Hensley Founder at Enryo Limited

The Demise of the Denarius? The Evolving Role of Coin Currency in a Digital Age

The rhythmic jingle of coins, once a constant companion to commerce, is fading into a fading memory. The rise of contactless payments and digital wallets has relegated the ubiquitous coin to an increasingly uncertain future. This trend compels us to consider a thought-provoking question: are we witnessing the end of an era, akin to the pivotal shi...

07 May 2024 /retail /inclusion

David Hensley Founder at Enryo Limited

Did the 2019 Access to Cash Review go far enough?

In 2019, under the stewardship of Natalie Ceeny we published the "Access to Cash Review", sparking discussions about the future of cash in a rapidly digitising world. This blog delves into the report's impact, analysing its success in addressing concerns and charting a path for continued access to cash. The Need for the Report The rise o...

23 April 2024 /sustainable /inclusion

David Hensley Founder at Enryo Limited

The Financial Services Revolution

Its five years since we published the Access to Cash Report - Is Britain ready to go cashless? Those past five years have witnessed a whirlwind of innovation in the financial services industry. Fueled by technological advancements, shifting consumer demands, and a regulatory landscape embracing change, this era has fundamentally reshaped how we int...

26 March 2024 /retail /inclusion

David Hensley Founder at Enryo Limited

What 2024 could mean for the cash industry

The outlook for the cash industry in 2024 is a complex tapestry woven with threads of decline, resilience, and potential adaptation. Here are some key things to watch out for: Continued Decline: Cashless adoption: The trend towards cashless payments is likely to continue, driven by the convenience and security of digital transactions. Mobile walle...

03 January 2024 /payments /predictions

David Hensley Founder at Enryo Limited

Cash in 2023: A Mini-Renaissance Amidst Digital Domination

2023 witnessed a curious phenomenon in the world of payments: cash made a comeback. After a decade of steady decline, the use of coins and notes saw a slight increase, defying predictions of a fully cashless future. This mini-renaissance, however, needs to be examined within the context of a rapidly evolving payments landscape dominated by digital...

27 December 2023 /payments /retail

David Hensley Founder at Enryo Limited

The real price consumers pay for living in a digital age

Amidst the Digital Age, Cash appears to have made a brief comeback, not unlike the end of the resession in 2008. In a world increasingly dominated by digital payments, the news of a resurgence in cash usage might seem counterintuitive. However, recent data from the BRC suggests that cash is making a "comeback", with a 7% increase in the ...

07 December 2023 /payments /predictions

David Hensley Founder at Enryo Limited

Could Artificial Intelligence bridge our digital divide?

Artificial intelligence (AI) is one of the most transformative technologies of our time. It is already being used to automate tasks in a wide range of industries, from healthcare to manufacturing and more recently finance. It is having a major impact on the digital world, with applications such as social media algorithms, search engines, and virtu...

02 October 2023 /retail /inclusion

David Hensley Founder at Enryo Limited

The rise of the Super Apps

Super apps are mobile applications that offer a wide range of services, including messaging, social media, e-commerce, and financial services. They are becoming increasingly popular in Asia, where they have already become essential tools for everyday life. For example, the Chinese super app WeChat is used by over 1.2 billion people to send message...

25 September 2023 /payments /inclusion

David Hensley Founder at Enryo Limited

The role of digital wallets in promoting financial inclusion

Financial inclusion is the ability of individuals and businesses to access affordable and appropriate financial services. It is essential for economic development and poverty reduction. However, billions of people around the world remain unbanked or underbanked, meaning they do not have access to formal financial services. Digital wallets are a ty...

18 September 2023 /payments /inclusion

David Hensley Founder at Enryo Limited

Are satellites payments the future for improved financial inclusion?

As payments become increasingly cashless we inevitably become more reliant on technology. This highlights the challenge that we need the ability to make cash-like payments offline without access to the internet. Many commentators see this as the holy grail of digital payments. The first satellite payment is generally believed to have been made in...

11 September 2023 /payments /inclusion