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From Travelers to Charities: The Journey of Foreign Coins and Their Untapped Potential – Scott Hutchings
In the latest episode, we dive deep into the world of payments innovation, focusing on a niche but critical aspect: the movement and repatriation of physical coins across borders. Scott Hutchings from Global Coin Solutions (GCS) together with our host, unpack the hidden challenges of cross-border coin logistics, from navigating regulations to tackling sustainability and resource efficiency.
Far from small change, this niche sector has a big impact—unlocking billions in idle value, fueling charitable initiatives, and reducing the need for costly new minting. Tune in to discover how charities, policymakers, and innovators are working together to turn forgotten coins into social good, and why this part of the payments ecosystem deserves a lot more attention.
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The Cash News – Scott Hutchings
Talking with Tom and Shaun about how Global Coin Solutions not only helps the charitable sector but also helps the cash industry in general by repatriating leftover foreign currency; collected by charities as well as those in the cash handling industry.
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Scott Hutchings – The Eight Principles
Chatting about how the services Global Coin Solutions provide and our beliefs in employing people at a “living wage” fits in with charitable fundraising.
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Fresh Blood Podcast – Scott Hutchings – President Of Global Coin SolutionsList Item 1
Fresh Blood: Scott talks about the impact of losing his forever role, becoming a reluctant entrepreneur and the power of making a decision to say yes. Part of this discussion has made it into the Thriving After 40 book which will be released on November 21st, 2023.
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GCS speaking to the coin industry
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2024 Coin Conference
The conference hosted more than 200 delegates, from 102 organisations across 42 countries, with 40% from central banks, monetary authorities and treasury departments.
Scott spoke on the work that Global Coin Solutions is doing around the world, supporting the repatriation and recirculation of coin; the majority of which has been collected by charitable organizations.
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2022 Coin ConferenceList Item 1
Scott was invited to speak to 160 delegates from central banks, mints, academics and industry suppliers around the world. The Coin Conference is the only event to focus on circulating coins as part of cash strategies and, with three years having elapsed since the last event (in Rome in 2019), there was plenty to talk about. Sustainability and re-circulation were discussed in almost every presentation.
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2019 Coin ConferenceList Item 2
Scott was invited to speak to 185 delegates from 103 organizations and 45 countries about recycling currency in foreign countries for charity.
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