The Future of Cash 

Madrid, Spain | 28-29 October 2020

 FOC2019 in Numbers

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FOC postponed to 28-29 October 2020 – see our Statement and FAQ

About The Future of Cash

 The Future of Cash conference was the first of its kind to bring together all stakeholders involved in the cash cycle. It typically attracts delegates from central banks, financial institutions, retailers, cash management companies, technology providers and other suppliers.

The Future of Cash conference focuses on understanding the changing cash environment and what stakeholders are doing to optimise the cash cycle and to keep cash competitive and relevant. It brings together all stakeholders to discuss new strategies for creating the cash cycle of the future.

Despite the increasing popularity of digital payment methods, nearly 85% of all retail transactions today are still made with cash, representing around 60% of retail transaction value.

Clearly cash is, and will remain, an important payment instrument. In a fast changing payment landscape, today’s challenge is to ensure cash is available, easy for people and organisations to use and its costs are low and competitive.  This is a challenging agenda whether you are a central bank or a commercial organisation in the cash cycle.

The conference is a stand-alone two day event which focuses on achieving operational efficiencies within the cash cycle. This enables stakeholders to share their best practices and expertise, with the aim of improving the overall functioning of cash and the cash cycle.

Previous events have been held in Paris, Vienna and more recently, Athens. Madrid will play host to the 2020 event.

Follow us on:

#Covid19 has led people to question if the virus can be transmitted by cash but scientific evidence suggests the chance of transmission is low compared with frequently-touched objects such as credit card terminals #centralbanks #cash https://www.bis.org/publ/bisbull03.htm

"we still need to ensure everyone can purchase goods" #CashAcceptedHere https://sf.eater.com/2020/3/25/21194256/restaurants-cash-san-francisco-coronavirus?utm_campaign=sf.eater&utm_content=entry&utm_medium=social&utm_source=twitter via @EaterSF

Currency News - COVID-19 and Cash: a Not-so-Brave New World. On 11 March 2020 (WHO) declared COVID-19 to be a pandemic. They also managed to convey an impression of #cash in the context of the virus that could have long-lasting and damaging effects.

http://www.currency-news.com/issues/march-2020/

Currency News - Some of the implications of the COVID-19 pandemic for #cash and #payments are beginning to emerge, with both in freefall, cash in particular.

https://lnkd.in/dN_9YbS

The @BIS_org reviews how the pandemic has fueled public concerns that #Covid19 may be spread by cash. The pandemic could broaden the divide in access to payment instruments and negatively impact the most vulnerable people. @RaphAuer https://cashessentials.org/publication/bis-bolsters-trust-in-cash/

Covid-19, #cash, & the future of #payments - 'scientists note that the probability of transmission via #banknotes is low when compared with other frequently-touched objects. Read the BIS Bulletin here - https://www.bis.org/publ/bisbull03.htm

Key Ring, an app that lets people upload and store card details, has left the information of millions of users exposed, Key Ring stopped operating in Europe, blaming the requirements of the EU's new General Data Protection Regulation (GDPR). https://www.finextra.com/newsarticle/35571/key-ring-data-leak-exposes-millions-of-user-details-say-researchers via @Finextra

There is a need to distinguish between good hygiene practice and scaring people that it is unwise to make #cash #payments. There is no reason why we can't continue to say #CashAcceptedHere #WashYourHands https://bit.ly/39cC3Np

You read it right, #cash is safe! #Sweden's @riksbanken joins other #centralbanks in stating that #banknotes and #coins do not pose a particular risk of infection for the public.

Read more: https://cashessentials.org/swedens-riksbank-says-cash-is-safe/ | #accesstocash #fintech #banking #coronavirus #COVID19

The idea of India becoming “cashless” in the foreseeable future is simply ludicrous. Time the government accepted this, instead of trying to force changes that inflict even more pain on the poor.”Indians Withdraw Rs 53,000 Crore From ATMs In Panic” https://trak.in/tags/business/2020/03/30/coronavis-scare-indians-withdraw-rs-53000-crore-from-atms-in-panic-highest-withdrawal-in-16-months/

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Amazing organisation with extremely interesting presentations covering all aspects of cash.

Bank of Spain

It was a great conference. The topics discussed give us an overview, a big picture of the trends in the currency industry. Hence, allowing CB and other stakeholders to incorporate these into policy and strategies

Banco de Moçambique

This was my first time at the FOC conference I was really impressed by the high level of knowledge and expertise of the participants very interesting presentations and great discussions, Looking forward to next year’s conference.

Piraeus Bank

2020 Conference

The 2020 event will take place over two days and will include sessions on:

  • Changing demand
  • Improvements in cash collection
  • Making cash more efficient
  • How technical and process innovation can transform the way cash is used and handled.

Within these sessions will be a series of presentations covering:

  • Central bank perspectives on cash
  • Changing cash cycle models
  • Cash recycling and substitution
  • Cash centre efficiency
  • Standards and automation
  • Cross-stakeholder collaboration.

 There will also be a number of panel discussions which, as in previous years, and promise a lively addition to the programme.

Some of the key questions we will explore include:

  • What is driving cash demand and how can banks meet this demand more effectively? Do we really understand cash usage?
  • What innovations contribute to increasing the efficiency of the cash cycle?
  • How can we optimise ATM replenishment?
  • How can all parties in the supply chain better collaborate?
  • What are the latest technological innovations that will transform the way cash is handled? What does “data” and “digital cash” offer?
  • How might they help banks forge better relationships with customers?
  • Can we make cash profitable?
  • What is the role of the central bank in the cash cycle?
  • What is the impact of payment regulation?
  • How should a central bank balance the “good” and the “bad” attributes of cash?
  • Are customers ready for cashless branches yet?
  • Can we work with other payment technology to make cash more convenient to use?

Branding Opportunities

(Please note that the fees for branding opportunities are in addition to the sponsor fees. Alternatively, the branding opportunities can be purchased without companies having to be a sponsor).

 

App & Handbook

€2500

Opening Cocktail Reception with Canapes

€5000

Coffee-refreshment-lunch breaks over 2 days

€5200 / 2 days
€2600 / day

Farewell Drinks

€2000

Lanyards

€2000

Sponsors and Exhibitors

The organisers will publicise sponsors and exhibitors on all relevant publicity materials from the date that the confirmation payment is received, and will display the sponsors’ and exhibitors’ logos on printed materials and the event website (with a live link if details are provided).

Conference sponsorships and exhibitor booths will be final and reserved on receipt of full payment. All payments are nonrefundable.

The organisers will provide all sponsors and exhibitors with details of recommended suppliers, including (but not limited to) shipping suppliers and stand contractors. It cannot accept any responsibility for any issues arising from the use of suppliers outside of these recommendations.

Want to Get Involved

Our Current Sponsors & Partners  

Our Venue

Meliá Madrid Princesa – Spain

Making your hotel reservation

Delegates are responsible for arranging their own travel and accommodation.

Booking Your Stay

Delegates can now book their stay for the conference and receive the special Reconnaissance International rate for your stay.

€200 per night

Includes breakfast and taxes.

Contact Details

Meliá Madrid Princesa

Calle de la Princesa, 27
Madrid

Tel (34) 915 41 82 00
Website

Beware of Unsolicited Offers

Delegates should only book their accommodation using the official reservation page when it becomes available – and not through any other agent.

Disreputable companies (such as Royal Visit, Trade Show Housing) have been known to approach delegates with unauthorised offers – and these companies cannot be trusted.

Such companies have not been endorsed by us – and we never share delegate information with any housing company or travel agent. All unsolicited offers should be ignored. 

If you have any questions or concerns about the hotel arrangements, contact the conference team:

Melia Madrid Princesa

Delegate Fees

Registration Fees Include:

  • Attendance at the conference
  • Download of presentations
  • Lunches on both days of the conference
  • Coffee and tea breaks on both days of the conference
  • Attendance at the Welcome Cocktail Reception and Farewell Drinks

Registration Fees Exclude:

  • Travel to and from the location city
  • Hotel accommodation
  • Personal or subsistence expenses
  • Visa procurement

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