[AISWorld] Cashless society roundtable

[Jonas Hedman]

THE FOURTH INTERNATIONAL CASHLESS SOCIETY ROUNDTABLE (ICSR 2016)
Copenhagen, Denmark, April 7-8, 2016
Call for Participation
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Motivation. Historically, coins and banknotes have been the primary means of exchange between buyers and sellers. With the introduction of payment cards, electronic fund transfers, Internet banking, contactless cards, mobile payment apps, and virtual currencies, cash is rapidly losing ground. In Sweden, for example, the circulation of cash has dropped from Sek 107 billion in its peak year of 2007 to below Sek 75 billion today. The advantages of new payment technologies, in terms of transaction costs, security, and convenience are driving this process. This is changing how we spend and pay with money, is increasing competition in the payment services market, and making payments a showcase space for innovation with financial technologies.
Different stakeholders, such as financial institutions, tech start-ups, merchants, mobile operators, and governmental agencies, such as the European Central Bank, have been trying to influence the market for payment solutions. For instance, country-level and region-level technology investment agencies and capital formation incubators have been promoting new growth and innovation to jumpstart the Fintech sector. And recently, McKinsey (2014) has estimated that there are now something like 12,000 start-ups trying to establish new business beachheads in the payment services market.
The evolution toward a cashless society that we all are witnessing today is bound to affect our lives in many different ways, no matter where we live or where we work. It will have a profound and transforming impacts on the stakeholders in the payments ecosystem, leading to anticipated and unanticipated consequences on people, firms and societies. These consequences are of critical importance, and deserve deep and rich interdisciplinary exploration. We stress the need to investigate the issues with respect to the changing horizon of financial services and future money from multiple viewpoints. They include: consumer behavior and expectations, technology and systems design, infrastructure and platform development, economics and financial valuation, sociological and anthropological perspectives, and strategy and management of innovation, to mention a few.
Goals. The first aim of the Roundtable is to provide a forum for discussing the development, consequences and impact of a cashless society from multiple perspectives – individual, firm, society, legal and technical – at different levels of analysis.
Coverage. Appropriate topics for presentation at the Future Money Roundtable include:

·       Digitalization of payments and money

·       Emerging payment technologies, such as mobile payments and social micro-donations

·       Designs for new payments solutions, including NFC and biometrics-based payments

·       Virtual currencies, block chain, and new developments

·       The Fintech revolution and its impacts on the transformation of payments practices

·       How the transformation of payments affects consumers, banks, merchants, and central banks

·       Risk, compliance and assurance issues for future money

·       The central bankers’ perspective on the transformation of money in the economy

·       Faster payments, delayed net settlement, and real-time gross settlement of funds

·       Issues and developments in the handling of high-value and low-value payments

·       Challenges associated with payments across international and intra-regional borders

·       Standards, oversight and regulation for emerging payment solutions



·       Cybercrime and money laundering in the digital payments and virtual money space

·       Governance and legal issues in payments innovation

·       Platform economics for payments and future money solutions

·       Integrity, security and privacy issues in the digital money context, such as digital identifications

·       Individual, firm and societal consequences of a cashless society

·       Peer-to-peer and disintermediated forms of money exchange

·       Competition and market transformation in the payment ecosystem

·       By region: mobile payments in Africa; SEPA, PSD2, and the E-Money Directive in Europe; faster payments in Sweden, UK, Singapore and Australia; and many more …

·       By start-up and by payments-related firms in the subsectors of the fintech ecosystem
Abstracts and papers. Short papers for presentation of no more than 5,000 words are invited. Please also provide short 100-word brief bios of the authors, with full contact information including email addresses. Authors must follow the guidelines for submission for book chapter submission, if they would like to participate in the edited book on The Cashless Society that will be developed following the Roundtable. Participants are also welcome to submit brief abstracts in lieu of a full paper.
Submission deadline. Papers are due by no later than February 22, 2016, with notification to the authors to occur one week later, by February 29, 2016 at the latest. Our intention is to notify authors as early as possible, based on when we receive individual submissions. We won’t wait till the last possible date.
Fee. We will charge a symbolic fee of 400 DKK, invoice upon acceptance over PayPal.
Organization. Profs. Jonas Hedman, Copenhagen Business School (CBS), and Robert J. Kauffman, Singapore Management University will chair the Cashless Society Roundtable. If you have questions, please direct them Jonas Hedman (jh.itm at cbs.dk<mailto:jh.itm at cbs.dk>), who will handle local arrangements.
Location. The Roundtable will be held in Copenhagen, Denmark, in conjunction to Money20/20.
Prior events. Past Roundtables were held in Copenhagen (2012), Dublin (2013), and Stockholm (2014). A sample of the 2013 proceedings is available at the following URL:
www.cfir.dk/Projekter/Dokumenter/Proceedings%20ICSR%202013/Pages/default.aspx<http://www.cfir.dk/Projekter/Dokumenter/Proceedings%20ICSR%202013/Pages/default.aspx>
Sponsorship. This workshop is sponsored by NETS (nets.eu) and the Department of IT Management at Copenhagen Business School.

Jonas Hedman
Associate Professor
Department of IT Management

Copenhagen Business School
Howitzvej 60, DK-2000 Frederiksberg
Mob.: (+45) 2479 4310 | jh.itm at cbs.dk<applewebdata://6BC22F08-46B3-4803-9383-196C1FAEB236/jh.caict@cbs.dk>