Cash industry should tweak models in new environment, says BoE’s Cleland

Victoria Cleland
Victoria Cleland, Bank of England: warning to cash industry

The Bank of England’s chief cashier has called on the industry to keep cash relevant in an age where technological innovation has revolutionised payment infrastructure.

Speaking at the ATM and Cash Innovation Conference on June 13, Victoria Cleland said the cash industry should not become “complacent” in the face of competition.

“Reliance on cash is less significant than in the past but it is still crucial to everyday life and I encourage the cash industry to continue to innovate, to evolve

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: