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Date: 2024-05-18 Page is: DBtxt001.php txt00023363
BANKING
WEB DISCUSSION: THE DEATH OF MONEY

The American Banker: Around the world the use of cards is exceeding the use of money ...


Original article: https://www.americanbanker.com/web-seminars/the-death-of-money-as-you-know-it
Peter Burgess COMMENTARY
The 'death of money' was a provocative title and potentially of huge importance to the design and functioning of an equitable socio-enviro-economic system. This was absent. Rather I listened to an hour of talking about how tech could be used to pull more value from the customer into the bank's financial performance. I realize this ... that is profit performance for corporates ... is what dominates the modern world, but for the last 40+ years this has gone into overdrive at the expense of society and the environment. Money is a thing ... and an important thing ... but not a measure. Double entry accounting is very powerful, but needs to be enhanced so that there is accounting for social impacts and environmental impacts that are integrated with accounting for money. TrueVelueMetrics.org

Peter Burgess
Web Seminar The death of money Tuesday, October 4, 2022 2:00 p.m. ET / 11:00 a.m. PT 60 Minutes NTT Data Corporation Welcome back. You have registered for this event as peterbnyc@gmail.com. Register as a new user. ADD TO CALENDAR Around the world the use of cards is exceeding the use of money. And, the banking and the financial services industry has shifted to discussions and debates on payments. Regions around the world have been exploring new ways. And, while the financial institutions drove what they would offer consumers, that has shifted with new customer demands and behaviors. That said, money is dead…it is about the different forms of 'value' and its transference among entities. Our webinar features a panel of payments experts sharing their thoughts on this radical shift of thinking and to what is happening around the world. This discussion is not about 'science fiction' ideas but what is being explored and happening now. Watch this discussion on the death of money to discover ideas and approaches that may be closer to affecting your bank or financial institution in the near future. What You'll Learn:
  • Why the shift is beyond money or payments to value
  • Examples from regions around the world that are happening now
  • How this affects cryptocurrencies, fintechs or other areas of current payments focus
  • Examples of how other industries are driving these new approaches to evaluating and transferring value
  • Three action steps to not be left behind
SPEAKERS Niraj Singhal Senior Vice President and Head of International Consulting NTT DATA (Speaker) Oliver Burns Head of Global Payment Networks FIS (Speaker) Peter Lowder MD Cards & Payments Consultant, Financial Services and Insurance Practice NTT DATA (Speaker) Mike Sisk Contributing Editor American Banker (Moderator)



The text being discussed is available at
https://www.americanbanker.com/web-seminars/the-death-of-money-as-you-know-it
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