Future Trends in Banking: The Resurgence of Cashiers and Paymasters

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Discover how new technologies are reshaping the banking landscape, with a focus on the impact of the recent EC-Green Paper on cards, internet, and mobile payments. Learn why Europe could hold the winning card in this game-changing scenario, and how Bitcoin-like ventures may rise and fall based on payment fundamentals.

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Mar 18, 2014

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Future Trends in Banking: The Resurgence of Cashiers and Paymasters

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Simon Lelieveldt • New technologies will further lead to the return of the cashiers and paymasters in the banking landscape. • The recent EC-Green Paper on cards/internet/mobile payments is a game changer comparable to the 1987 paper: Europe could play an ace. • Every ten years, we will see Bitcoin-like ventures creeping up the payments learning curve and fall off when ignoring the true payment basics