CashTech is, to coin a phrase, the encounter of cash and technology. CashTech gathers companies which adopt software and communications technology to provide improved cash services – including access to cash and acceptance of cash payments – as well as to enhance the efficiency of the cash cycle.
Some start-ups, scale-ups and innovators are focused specifically at making it easier to pay and get paid in cash. Some are facilitating access to cash at a time when in many markets traditional banks are closing branches and ATMs. Others are focusing on improving acceptance of cash payments, including on new online and mobile channels. All are offering technology-based innovative solutions to make cash more efficient.
The panelists will discuss how new players can impact the cash cycle. Will they challenge traditional players, or will they partner with them to improve the cash distribution network? Will they compete with existing branches and ATMs or will they offer an alternative channel Can they disrupt the trend towards increasing use of digital payments? Or can they turn cash into a digital payment? Can they establish a new cash lifestyle?