The Future of Cash conference is coming up soon CashEssentials will also be part of it! Taking place in Athens 20-21 February, this event is designed to trigger a debate around how to achieve greater efficiency within the cash cycleRepresents the various stages of the lifecycle of cash, from issuance by the central bank, circulation in the economy, to destruction by the central bank. More and industry at large. Attracting stakeholders from all spheres of the industry – including associations like ourselves! – the main topics that will be discussed are changing demand in the payments landscape, improvements in cashMoney in physical form such as banknotes and coins. More collection, making cash more efficient and how best to innovate it to transform the way it’s used and handled.
CashEssentials will also hold a closed session on the 19th to further our understanding of cash demand. Economists, researchers, academics, as well as payments experts will participate in this one-day seminar to explore consumer motivations for holding cash. Indeed, cash circulation has been increasing in relation to nominal GDP in the majority of countries, and we will attempt to identify the main factors driving demand.
We hope that with the discussions and exchanges that will take place in Athens, CashEssentials will be able to provide some crucial insights into cash usage and potentially trigger further research.