The Covid-19 pandemic has led to an increasing reliance on digital infrastructure and payments, with contactless payments increasing by 44% under lockdown. New demographics are also beginning to adapt to a more cashless society, with over 50s proved to be the fastest growing segment of digital payments. While these forms of payments can be leveraged to mitigate the impacts of the crisis, it also brings heightened potential to put a unique strain on payment and settlement systems in the UK.
Sarah John, Chief Cashier for the Bank of England, will deliver an update on the latest developments and perspectives from within the central bank. Sarah has a wealth of experience and leads the Bank’s “Notes” directorate who are responsible for banknote production and the bank’s work on the use of cash more widely.
We will also be joined by speakers from Tink and Revolut, who will provide an interesting industry perspective and insight on the latest payment innovations and the impact of Covid-19 on digital payments. Please see below for a short agenda:
- Introduction, Lord Holmes (2:05-2:10pm)
- BoE Perspectives, Sarah John (Chief Cashier for the Bank of England) (2:10pm-2:20pm)
- Industry Perspective, Tink, Head of Research & Revolut, VP of Payments (2:20pm-2:35pm)
- Moderated Q&A (2:35pm-2:55pm)
- Close (2:55pm-3:00pm)
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