BIS opens Nordic innovation hub

Stockholm in Sweden

The Bank for International Settlements opened its fifth innovation hub, in Stockholm on June 16. The new facility is part of a joint programme with BIS member central banks to investigate and develop financial and regulatory technologies.

Agustín Carstens, BIS general manager, said at the Stockholm launch that the hubs would focus on technological development. They would create “proofs of concepts and prototypes, which can be shared with the central banking community and beyond”. Øystein Olsen

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