Cash management: Finance for an urban future

Rapid urbanization puts pressure on infrastructure. It also raises opportunities for banks to develop a range of electronic payment systems to improve city-dwellers’ lives. Laurence Neville reports.

THE FUTURE IS urban and that future has already arrived. Millennia after the first human settlements were established, the UN announced in 2007 that more than 50% of the world’s population lived in cities. The UN’s Global report on human settlements 2011 predicts that 59% of the world’s population will be living in urban areas by 2030; cities’ headcounts are growing by 67 million every year. Fully 91% of this increase is in developing countries.

Access intelligence that drives action

To unlock this research, enter your email to log in or enquire about access