The fact that check, cash and credit cards are likely to be with us for some time should not blind us to  BIS Review 87/2000  4  the changes that are occurring. I believe that new technology, changes in the banking laws, and old-fashioned competition are producing change. Some believe that we may see revolutionary change.
•  IDRBT has pioneered the development of common standards for various aspects of IT in banking – the latest being standards for smart cards and micro-ATMs which will go a long way in scaling up financial inclusion. •  IDRBT has established a unique CISO Forum which, among other things, is developing as a platform for sharing common concerns among banks.