G20 TechSprint Initiative
to highlight the potential for new technologies to tackle challenges in green and sustainable finance. Shortlisted teams will be announced in June and showcase their prototypes in August. Winners to be announced in October.
For information on participant application, refer to: https://www.techsprint2021.it/
About the Bank of Italy and the Italian G20 Presidency
The Bank of Italy is the central bank of the Republic of Italy. Along with the Eurosystem, the Bank of Italy's mission is to pursue price stability and ensure the stability and efficiency of the financial system, thus safeguarding savings in all forms. Within the Italian G20 Presidency, the Bank of Italy participates in the work of the G20 Finance Track, helping to define the Italian approach in various G20 working groups on specific economic and financial issues. The Bank of Italy's contribution focuses on financial inclusion, sustainable finance and innovation. Milano Hub is the Bank of Italy's innovation centre, supporting the digital evolution of the Italian financial market and attracting talent and investment.
About the BIS Innovation Hub
The BIS Innovation Hub was established in 2019 to identify and develop in-depth insights into critical trends in financial technology of relevance to central banks, to explore the development of public goods to enhance the functioning of the global financial system, and to serve as a focal point for a network of central bank experts on innovation. It complements the already well established cooperation within the BIS-hosted committees. At present, there are Hub Centres in Switzerland, Singapore and Hong Kong SAR. In the coming months, new centres will open in Toronto, London, Frankfurt/Paris and Stockholm. The BIS has also formed a strategic partnership with the Federal Reserve System in New York.