BIS Innovation Summit 2022: Money, technology and innovation
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.
Agustín Carstens (General Manager, Bank for International Settlements) and François Villeroy de Galhau (Chair, BIS Board of Directors and Governor, Bank of France) open the BIS Innovation Summit 2022.
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.
Josh Lipsky has a one on one conversation with the President of the European Central Bank, Christine Lagarde, about the future of money in the Eurosystem and the potential role for a digital Euro.
Panellists explore the payment and settlement process for DeFi transactions and what role CBDC could play within it.
Central bank leaders 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.
The session sheds light on efforts to improve cross-border payments and the role of the public and the private sector in this process.
Central bank governors discuss emerging challenges for central banks in a digital world. Governors exchange views on the extent to which these challenges create new sources of risk to the financial system, and how central banks should respond.
Speakers discuss the new technologies that have the potential to transform the financial system. They examine the benefits these technologies offer and the challenges they pose in keeping the financial system secure and stable.
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.
Roberto Campos de Neto, Governor of the Central Bank of Brazil, talks about payments innovation in Brazil, the opportunities and challenges it raises, and the role of the Central Bank of Brazil in this area.
Speakers discuss how new technologies can deepen financial inclusions and the role of public private partnerships in this process.
Luiz Pereira da Silva (Deputy General Manager, Bank for International Settlements) delivers closing remarks at the BIS Innovation Summit.
(all times in Central European Time - CET)
| 13:00 – 13:10 | Welcome and opening remarks
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| 13:10 – 13:20 | Opening speech
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| 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.
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| 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.
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| 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.
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| 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.
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| 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.
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(all times in Central European Time - CET)
| 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?
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| 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.
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| 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.
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| 15:40 – 16:05 | In Conversation with Roberto de Oliveira Campos Neto Payments innovations in Brazil
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| 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.
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| 17:00 – 17:10 | Closing remarks
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