Skip to main content

BIS Innovation Summit 2022: Money, technology and innovation

22–23 March 2022 | Basel, Switzerland
Innovation Summit 2022 banner

About the summit

The BIS Innovation Summit brings together global policymakers, senior executives from the financial and technology industries, and academics to discuss technology and innovation.

Global leaders from the public and private sector discussed key issues around the future of money and payments, CBDC, DeFi, new technology in the financial system, green initiatives, and technology as an enabler for financial inclusion.

Watch the video recordings - Day 1

Video 22 Mar 2022
Welcome and opening speech at the BIS Innovation Summit 2022
Agustín Carstens (General Manager, Bank for International Settlements) and François Villeroy de Galhau (Chair, BIS Board of…
Video 22 Mar 2022
Central bank digital currencies, digital payments, and the future of money
Speakers discuss plans and challenges for the digital payments era and explore what the future might bring for money and…
Video 22 Mar 2022
In conversation with Christine Lagarde about the future of money in the Eurosystem
Josh Lipsky has a one on one conversation with the President of the European Central Bank, Christine Lagarde, about the future…
Video 22 Mar 2022
Does DeFi need sovereign money?
Panellists explore the payment and settlement process for DeFi transactions and what role CBDC could play within it.
Video 22 Mar 2022
In conversation with central bank leaders about the evolving role of private digital currencies
Central bank leaders on the evolving role of private digital currencies in the financial system of the future and how central…
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…

Watch the video recordings - Day 2

Video 23 Mar 2022
In conversation: emerging challenges for central bank governors in a digital world
Central bank governors discuss emerging challenges for central banks in a digital world. Governors exchange views on the extent…
Video 23 Mar 2022
Foundational technology for a new financial system
Speakers discuss the new technologies that have the potential to transform the financial system. They examine the benefits…
Video 23 Mar 2022
Green finance, greenwashing, and green tech: navigating the challenges ahead
How are central banks and the private sector collaborating to develop more accurate and useful green data to facilitate…
Video 23 Mar 2022
In conversation with Roberto de Oliveira Campos Neto about payments innovation in Brazil
Roberto Campos de Neto, Governor of the Central Bank of Brazil, talks about payments innovation in Brazil, the opportunities…
Video 23 Mar 2022
How can technology help 1.7 billion financially excluded people?
Speakers discuss how new technologies can deepen financial inclusions and the role of public private partnerships in this…
Video 23 Mar 2022
Closing remarks at the BIS Innovation Summit 2022
Luiz Pereira da Silva (Deputy General Manager, Bank for International Settlements) delivers closing remarks at the BIS…

Agenda

13:00 - 13:10 Welcome and opening remarks
Agustín Carstens, General Manager, Bank for International Settlements
13:10 - 13:20 Opening speech
François Villeroy de Galhau, Governor, Bank of France and Chair of the BIS Board of Directors
13:25 - 14:10 Panel 1 - CBDCs, digital payments, and the future of money

Speakers discuss plans and challenges for the digital payments era and explore what the future might bring for money and payments from the perspectives of the private and public sectors.

Speakers

  • Stefan Ingves (Governor, Sveriges Riksbank)
  • Patrick Njoroge (Governor, Central Bank of Kenya)
  • Gary Gorton (Professor, Yale University)
  • Jose Antonio Alvarez (Chief Executive Officer, Santander Group)

Moderator
Stephanie Flanders (Head, Bloomberg Economics)

14:15 - 14:40 In Conversation with Christine Lagarde

A conversation with Christine Lagarde, President of the European Central Bank, on the future of money in the Eurosystem and the potential role for a digital Euro.

Christine Lagarde (President, European Central Bank)

Moderator

Josh Lipsky (Director, The Atlantic Council's GeoEconomic Centre)

14:45 - 15:30 Panel 2 - Does DeFi need sovereign money?

The session explores the cash settlement for DeFi transactions, and what role central bank money could and should play in this process.

Speakers

  • Jill Gunter (Co-Founder and Chief Strategy Officer of Espresso Systems)
  • Eddie Yue (Chief Executive, Hong Kong Money Authority)
  • Brian P Brooks (Chief Executive Officer, Bitfury)

Moderator
Beju Shah (Nordic Centre Head, BIS Innovation Hub)

15:35 - 16:10 In Conversation with the Governors

A dialogue with Central Bank Governors on the evolving role of private digital currencies in the financial system of the future and how central banks should respond to continue ensuring monetary and financial stability.

Speakers

  • Cecilia Skingsley (First Deputy Governor, Sveriges Riksbank)
  • John Williams (President, Federal Reserve Bank of New York)
  • Perry Warjiyo (Governor, Bank Indonesia)

Moderator
Ross Leckow (Acting Head, BIS Innovation Hub)

16:15 - 17:00 Panel 3 - 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 process.

Speakers

  • Thomas Jordan (Chairman of the Governing Board, Swiss National Bank)
  • Sir Jon Cunliffe (Deputy Governor, Bank of England)
  • Tony McLaughlin (Managing Director, CITI)
  • Catherine Gu (Head of CBDC, Digital Currency, Visa)

Moderator
Andrew McCormack (Singapore Centre Head, BIS Innovation Hub)

13:00 - 13:45 In Conversation: What keeps you awake at night? Emerging challenges for central bank governors in a digital world

A conversation about emerging challenges for central banks in the face of rapid technological change. What implications do these challenges have for central bank mandates and for the way in which they engage with other stakeholders on issues such as competition, privacy, and climate change?

Speakers

  • Andrew Bailey (Governor, Bank of England)
  • Jerome Powell (Chairman of the Board of Governors, The Federal Reserve Board System)
  • Joachim Nagel (President, Deutsche Bundesbank)
  • Nor Shamsiah Mohd Yunus (Governor, Bank Negara Malaysia)

Moderator
Agustin Carstens (General Manager, BIS)

13:50 - 14:40 Panel 1: Foundational technology for a new financial system

Speakers discuss new technologies that are gaining importance in the financial system and will examine the distinction between DeFi and CeFi. It will also explore the benefits that these technologies offer for the future of the financial system and what the public sector is doing to keep the financial system secure and stable. 

Speakers

  • Jeremy Allaire (Chief Executive Officer, Circle)
  • Michael Shaulov (Chief Executive Officer, Fireblocks)
  • Sam Bankman-Fried (Chief Executive Officer, FTX)

Moderator
Morten Bech (Switzerland Centre Head, BIS Innovation Hub)

14:45 - 15:35 Panel 2: Green finance, greenwashing, and green tech: navigating the challenges ahead

How are central banks and the private sector collaborating to develop more accurate and useful green data to facilitate investments in green finance and avoid greenwashing.

Speakers

  • Darian McBain (Chief Sustainability Officer, Monetary Authority Singapore)
  • Massamba Thioye (Project Executive, UNFCCC Global Innovation Hub)
  • Rama Variankaval (Global Head of Centre for Carbon Transition, JPMorgan)

Moderator
Bénédicte Nolens (Hong Kong Centre Head, BIS Innovation Hub)

15:40 - 16:05 In Conversation with Roberto de Oliveira Campos Neto

Payments innovations in Brazil

Speaker

Roberto de Oliveira Campos Neto (Governor, Central Bank of Brazil)

Moderator

Hyun Song Shin (Economic Adviser and Head of Research, BIS)

16:10 - 17:00 Panel 3: How can technology help 1.7 billion financially excluded people?

Speakers discuss how new technologies can deepen financial inclusions and the role of public private partnerships in this process. 

Speakers

  • Elsie Addo Awadzi (Second Deputy Governor, Bank of Ghana)
  • Siritida Panomwon Na Ayudhya (Assistant Governor, Bank of Thailand)
  • Tanja Heßdörfer (Director Business Development CBDC, Giesecke+Devrient)

Moderator
Fernando Restoy (Chair of the FSI, BIS)

17:00 - 17:10 Closing remarks
Luiz Pereira da Silva (Deputy General Manager, BIS)