Cash Visibility and Collaboration

The International Association of Currency Affairs (IACA) is 20 years old this year. At the Banknote Conference in Fort Worth, Texas last month it held a session on ‘Cash Visibility and Collaboration’, which was a full house with nearly 120 people attending. Even with 77 member organisations drawn from central banks and suppliers, this turnout was exceptional.

IACA has been focusing on this topic this year and has run both a webinar and an online discussion forum about it. Richard Wall, Chairman of IACA, introduced the topic and each table was given four questions to debate. These looked at where greater cash visibility could create the most benefit, what is blocking creating visibility in those areas and, assuming answers can be found, who needs to collaborate, lead and pay for these initiatives.