First, we have been upgrading a large number of our cash processing machines located across our network of branches in Germany. Second, we are in the process of setting up our new state-of-the-art cash center in Dortmund. Once operational, this branch will pool operations previously performed by five other branches. It will be equipped with automated transport vehicles and high-bay warehouses.
This is essential to determine the adjustments and/or refinements to the reforms that may be needed to reduce their unintended effects. Digital innovations in the financial sphere are another key topic in international forums. South Africa is fully supportive of the ongoing work on the regulatory approaches to financial digital innovations as well as of the stocktake of cybercrime regulations in the financial sector.