Future of Cash: Continuing the Conversation

Following the success of the Future of Cash online event in February 2021, the organisers – AGIS Consulting and CashEssentials – are continuing the conversation and providing a coherent story of today’s cash challenges and tomorrow’s opportunities.

The next virtual event – taking place 6-7 July – will focus specifically on the Asia-Pacific region. The physical event is still on track to go ahead on the 9-10 November, in Madrid, Spain.

The COVID-19 pandemic has had far-reaching consequences on human and economic activities, including on cash, payments and money, says Conference Chair Guillaume Lepecq. For many observers, the pandemic has acted as a catalyst and accelerated existing trends. In particular, it has aggravated the ‘cash paradox’, ie. increasing demand for cash but declining usage as a payment instrument.

The pandemic has forced central banks, governments, commercial banks and other stakeholders to adopt short-term emergency measures to ensure the smooth supply and circulation of cash. This has involved remarkable creativity and innovation to overcome the immediate threats and challenges. Some of these decisions may become long-term fixtures. Others will be dropped at the earliest opportunity.

‘But the crisis has also encouraged us to think about the long-term implications and the world after’, notes Guillaume. ‘The crisis will pass. Cash will survive. But the world after will be different. The 2021 Future of Cash Conference will invite participants to actively debate, imagine and shape the future of cash’.

The event will include four two-hour sessions:

• Setting the Scene

• The World After COVID

• NexGen Cash Cycles

• The CashTech Forum.

Speakers so far include representatives from the Bank of Finland, the Federal Reserve, the Reserve Bank of New Zealand, Chuo University, Glory, Demos Helsinki, SoCash and Shrap.

Those who have signed up for the physical event in Madrid this November can take part free of charge. Otherwise, the fee is £350 – which will be deducted from the fee for the Madrid event. if you then register for that event too.

www.thefutureofcash.com