Latest opinions that Ron Delnevo has shared on Finextra

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Ron Delnevo

Chair

UK Cash Supply Alliance

Member since

18 Jan 2018

Location

Leatherhead

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Ron's opinions

Happy Birthday For UK Independent ATMs? Not exactly!

Time to wish a happy 21st Birthday to the ATM installation that changed the face of cash provision in the UK! Yes. That’s right. It is exactly 21 years since the first Independent ATM was installed in this country - and that same ATM was also the very first pay-to-use ATM to be installed in Europe! I was there, at a Spar store in Stone Cross in Bir...

20 December 2019 /payments /retail Financial Inclusion

UK Post Office Access To Cash - Setting Back Service Standards By Half A Century?

More stories this week in Britain about the potential for Post Offices to replace ATMs as far as the supply of cash to the public is concerned. There is a heavy irony in Post Offices now being touted as substitutes for ATMs in the UK. Way back in 1967, the Scot John Shepherd-Barron invented the ATM because he was frustrated that bank branches were...

03 October 2019 /payments /retail Financial Inclusion

Billions of UK cash went missing in 2018....

The British Retail Consortium (BRC) - a trade association which represents 80% of Big Box UK retailers – published some survey data on UK payments last week. Basically, the BRC research estimated that card payments in the UK amounted to £296 Billion and cash payments only £77.7 Billion (1). If you are an avid consumer of all the anti-cash PR that a...

27 September 2019

Payment Choice - Not Everybody's Cup of Tea?

I started scribing this article on July the 4th, so it is perhaps natural that my British mind turned to tea. However, my own brain had no room for thoughts about Boston. No. My Gray Matter was focused on a Street Cafe near to the UK Payment Systems Regulators (PSR) palatial offices in Stratford, London. There I was, readying myself for a meeting w...

10 July 2019 /payments /regulation Financial Inclusion

Action Required NOW to Maintain Payment Choice in the UK -the Time for Talking and Debate is OVER!

I am a decisive person. I favour action over endless debate and discussion. Winston Churchill said “Meeting jaw to jaw is better than war.” BUT, certainly in the UK, we “jaw” too much and get too little done. Look at the expansion of Heathrow.... EXACTLY. When I write my book, exposing the failures of others and glorifying myself ( that’s what biog...

01 June 2019 /payments /retail Innovation in Financial Services

The Cost of Cash......

I was very disappointed to see in the recent UK Access to Cash Review the headlined assertion that “cash is expensive”. Even if the figure of £5 Billion quoted in the Review as being the annual cost of cash in the UK is accepted - and many believe it should not be - how can it be judged to be “expensive”? It has to be remembered that Sterling - the...

29 April 2019 /payments Financial Inclusion