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BIS Innovation Summit 2021: How can central banks innovate in the digital age?

22–25 March 2021 | virtual
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About the summit

An opening live session plus 3 half day sessions over 3 days, covering the Asia-Pacific, Africa, Americas and European time zones. 

Hear from global leaders on key issues around cross-border and retail payments, central bank digital currencies, banking and the new digital ecosystem, decentralised finance, data, analytics, AI and cloud technologies as well as cultural and organisational changes that may be needed within central banks to meet the challenges of this digital age.

Watch the video recording - Day 1

Video 22 Mar 2021
How can central banks innovate in the digital age?

Central banks today need a deep understanding of new technologies, as well as forums in which to share and pool that knowledge. And we need to work together to develop public goods for our communities. How can central banks be a catalyst for innovation in the digital age and apply new technologies to solve real-world problems in the financial system?

Watch the video recording - Day 2

Video 23 Mar 2021
Cross-border "multi-CBDC" arrangements
Cross-border "multi-CBDC" arrangements: what is different from current payment systems, what are the opportunities and what…
Video 23 Mar 2021
Fast, cheaper cross-border payments - is wholesale CBDC the answer?
The G20 has made enhancing cross-border payments a priority. This panel session looks at the potential of wholesale CBDCs in…
Video 8 Apr 2021
Project mCBDC Bridge - Cross-border transactions with CBDC
The  Multiple CBDC (mCBDC) Bridge is a wholesale central bank digital currency (CBDC) co-creation project that…
Video 23 Mar 2021
Banking on a new digital ecosystem - new opportunities, business models and regulation
This panel discusses how technologically enabled financial innovation is spurring new business models, applications, processes,…
Video 23 Mar 2021
Central Bank Innovations: Payments, Data and Capabilities
Howard Lee, Deputy Chief Executive of the Hong Kong Monetary Authority, discusses why central bankers must not only keep up…

Watch the video recording - Day 3

Video 24 Mar 2021
How can central banks and big tech work together to serve the public interest?
Technology firms and the innovation they are driving have the potential to add huge amounts of value to the emerging digital…
Video 24 Mar 2021
CeFi to DeFi: can global finance be de/re-constructed?
Decentralised finance (DeFi) applications offer financial services using decentralised technology, such as blockchain. DeFi is…
Video 24 Mar 2021
Project Helvetia and Project Rio
Project Helvetia demonstrates the functional feasibility and legal robustness of settling tokenised assets with a wholesale…
Video 24 Mar 2021
Central bankers at the frontier: the state of the art in advanced analytics and AI
Central banks are innovating and adopting state-of-the-art technologies to transform their capabilities. This session will…
Video 24 Mar 2021
Financial innovation in Latin America
Governor Campos Neto from the Banco Central do Brasil and Governor Diaz de Leon from the Banco de México discuss how central…
Video 24 Mar 2021
The digital revolution: it is all about data and building bridges
Andrea Maechler, Member of the Governing, Board Swiss National Bank, discusses the importance of building bridges to assess…

Watch the video recording - Day 4

Video 25 Mar 2021
How can innovation support sustainable growth?
Christine Lagarde, Mark Carney, and Benoît Coeuré, Head of the BIS Innovation Hub, discuss the role of innovation in supporting…
Video 25 Mar 2021
The Governors: what does central bank innovation mean to you?
Andrew Bailey, Governor, Bank of England; Stefan Ingves, Governor, Sveriges Riksbank; Christine Lagarde, President, European…
Video 25 Mar 2021
Navigating the uncharted waters of retail CBDC
The last 12 months have seen the launch of the first general purpose central bank digital currencies (CBDCs). This panel looks…
Video 22 Mar 2022
Improving cross-border payments - should central banks leave it to the private sector?
The session sheds light on efforts to improve cross-border payments and the role of the public and the private sector in this…
Video 25 Mar 2021
Payments in a post-Covid world
Around the world, the pandemic has accelerated the shift to digital payments. In this session, we will hear from world leading…
Video 25 Mar 2021
Innovation in Central Banking - Seizing Opportunities, Securing Our Future
Jacqueline Loh, Deputy Managing Director, Monetary Authority of Singapore argues that central banks need to be agile and to be…