BIS, Danmarks Nationalbank, Central Bank of Iceland, Norges Bank, and Sveriges Riksbank launched an Innovation Hub in Stockholm, making this the fifth BIS Innovation Hub Center to be opened in the past two years. The launch is part of a plan to expand global reach of the Hub. Earlier, the Innovation Hub centers were opened in collaboration with the Bank of Canada (Toronto), BoE (London), and ECB/Eurosystem (Frankfurt and Paris). The BIS Innovation Hub's work program is focused on six areas: suptech and regtech, next generation financial market infrastructures, central bank digital currencies, open finance, cyber security, and green finance. Work related to these themes is spread among the various Hub Centers, although specific projects have not yet been finalized for the Nordic Center.
Related Link: Press Release
Keywords: International, Banking, Nordic Center, BIS Innovation Hub, Fintech, Regtech, Suptech, Denmark, Iceland, Sustainable Finance, Open Banking, BIS
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