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26 June 2017

Two Days, Eight Fascinating Sessions

Speaking on the occasion of the launch of the new €50 banknote, Mario Draghi, President of the European Central Bank stated "Though electronic payments are becoming more popular, cash is still our most important means of payment. A soon-to-be-published survey on cash use, carried out on behalf of the ECB, shows that over three-quarters of all payments at points-of-sale in the euro area are made in cash. In terms of transaction values, that’s slightly more than half. So even in this digital age, cash remains essential in our economy.”

Whereas cash usage is strong, it is also changing. Understanding these changes will be critical to manage cash more efficiently. The conference will provide unique perspectives from central banks, commercial banks and other stakeholders on the changing role of cash in a digital world.

At The Future of Cash 2017, we will hear from 20 plus cash professionals, who will share their insight into how to manage cash better. We will learn how consumers use cash – and explore what this means for central banks, financial institutions, retailers and suppliers. We will hear why commercial banks should embrace cash as a key touchpoint with customers, to avert the prospect of negative interest rates, to avoid digital currencies which could compete with their own payment products and to offer a product and service that customers actually want and need, as shown by increase in demand.

Through a better understanding of these significant trends, we will discuss the best ways to create cash cycles that are fit for the needs of today – and tomorrow. The conference will conclude with an innovation panel on cash payments solutions for the 21st century.

We hope you will be able to join us for what promises to be a fascinating event.’



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