Innovators have built new systems and services that ride on top of the old rails but with mixed results, and over time, our system has grown more fragmented. Our payments system is large and diverse, with a wide array of financial institutions, systems, and service providers; it will take coordinated action to make fundamental and successful nationwide improvements.
What is important, if it comes to it, is that the basic operations in the individual business areas of the central bank are safeguarded by appropriate measures. The question — one that is raised very frequently in this connection — about an adequate supply of currency was taken up and investigated by the Bundesbank at an early stage.