The recent publication of two major industry reports (Cash Industry in Transition and Access to Cash) highlights the changes we believe are facing the cash industry in some regions currently, and will affect others in the future.
Through the course of this event our message is simple; despite the change cash will be a major part of our lives for years to come. There are however numbers internal and external pressures on cash and like any change, this will lead to opportunities, especially to those involved in outsourcing, efficiency and optimization.
- By Tom Mitchell, Managing Director – Europe | Currency Research
- Coen Voormeulen, Director of Cash | De Nederlandsche Bank (DNB)
Plenary Session - Trends - Local, Regional and Global
Setting the scene for the rest of the agenda the first session of the event will focus on the trends of cash, and a little on payments. Currency Research will recap the Cash Industry in Transition report which outlines the internal industry factors and external factors which will impact the cash industry over the next decade. DNB will then present the local Dutch cash system and recent trends, with presentations contextualising this within a regional/Eurozone context, and an overall global report.
Panel Discussion - Infrastructure Change
Following on from the first session, if the use of cash is, or will be, decreasing then given the decentralised structure of most European countries cash systems how can we ensure to keep key commercial players involved in the market to facilitate access to cash? Several different models aimed at reducing the cost of cash already exist across Europe, and we will hear from the CEOs of companies involved in alternative - perhaps radical – systems to understand why their system was adopted, and what lessons can be applied to other countries.
- Moderated by:
- David Hensley, Director | Enryo Ltd
Innovation Session - Efficiency and Optimization
We look forward to welcoming a series of short presentation by our sponsors – the leading suppliers in the industry. Learn how they can assist with Access to Cash with their innovative products and solutions, which will cover all sectors of the cash system, and how they can help you to optimize and ensure your cash operations are as efficient as they can be.
Plenary Session - Acceptability of Cash
The media are increasingly highlighting the issue of cash acceptability by retails in developed economies and the debate around acceptability of cash has never been more prominent in the minds of the public. Several countries, or US states, have legislated that cash cannot be refused to settle a transaction, but not all jurisdictions agree. We look forward to hearing to hearing the discussion for an against the right to be able to use cash with example from both within and outside of Europe.
- Key Consideration for Cash in US and Financial Inclusion
By Kathleen Young, Senior Vice President, National Cash Product Office | Federal Reserve of San Francisco
- Introducing the MNB’s New Smartphone Application
By Tamás Végső, Cash Policy Expert | The Central Bank of Hungary
- Solutions Drive Cash Efficiency – Digital Solutions Take the Lead
By Marco Rummer, Regional Vice President Europe | G+D Currency Technology
Plenary Session - Consumer Access to Cash
Examining the most efficient means of distributing cash around the network will help to better understand how to ensure consumers have access to cash. Distribution primarily takes place through the ATM network – but what happens with low population density areas, for example rural areas, where IADs and banks don’t see a business case to install a distribution point. Consumers who can’t access cash may well turn to alternative payment methods.
- By Shaukat Zaman, Group Head / Executive Director, State Bank Pakistan
Innovation Session - Efficiency and Optimization
We look forward to welcoming a series of short presentation by our sponsors – the leading suppliers in the industry. Learn how they can assist with Access to Cash with their innovative products and solutions, which will cover all sectors of the cash system, and how they can help you to be more efficient in your cash operations.
- Orell Füssli Security Printing | A Journey Through 500 Years of Innovation
- Feerica | ATM Physical Attacks – How to Set Up a Cost-Effective Criminal Deterrence
- DEEP 2000 | Cash Handling Robotized Complexes as A New Trend of Cost Reduction of Banknote Processing and Increasing Security
- ArmorSafe Technologies | Smart Safes and Recyclers - Cash Management Efficiency and Throughput
Plenary Session - The Future of the Cash Cycle
To ensure the future of cash it is clear a number ofcountries need to change the way they do things. Otherwise if cash becomes inefficient and costly by comparison to other transaction methods it will have a limited future. In this session we will hear from those who have undertaken steps to try and understand the state of play now and implementing changes to try and futureproof their cash cycle.
- The Future of Egypt’s Cash Cycle – What Can We Learn?
By Amany Shams El Din, Sub Governor for Banking Operations Sector–Project Owner | Central Bank of Egypt and Khaled Farouk, Sub – Governor for Banknote Printing House | Central Bank of Egypt
- Improving the Efficiency of the Handling of Cash: the EPC Recirculation Paper
By Diederik Bruggink, Chair of the Cash Efficiency Working Group | European Payments Council
- The Future of Cash in Turkey: An Odyssey to a Cashless Society
By Alper Erdemir, COO | Bantas
Plenary Session - Sustainability in Cash Production and Network Distribution
Production and distribution throughout the commercial network of banknotes and coins all have an environmental impact….distribution in particular. A lot of work is currently taking place to improve the environmental impact of cash at each sector, and we look forward to hearing what options are available to those purchasing and using cash to help them reach their Corporate Social Responsibility goals, whether it be improving currency production or optimizing CIT and ATM operations.
Panel Discussion - Regulation and Inclusion
Inclusion is one of the key attributes of cash – however ensuring there is enough of a distribution and acceptance system in place for cash to be a truly ubiquitous payment method is coming under threat in countries like the UK where cash use is declining. Clearly aware of the danger posed by the decrease in cash use the UK Government recently launched the Joint Authorities Cash Strategy (JACS) Group, designed to provide "comprehensive oversight of the overall cash infrastructure, including steps to make this infrastructure more resilient and efficient, and consider how best to ensure access to cash for those who need it". Delegates can look forward to receiving an update on the progress of this initiative.
- Moderated by:
- Mark Loveridge, Head of UK Currency | The Royal Mint