30-31 August 2018 

Bank of Finland Auditorium, Rauhankatu 19, Helsinki

programme

Day 1, Thursday 30 August

8:30–9:00 Registration
9:00–9:10 Opening of the Seminar
Marja Nykänen (Deputy Governor), Bank of Finland
9:10–9:50 Keynote: Paying for Payments
Rodney Garratt, University of California, Santa Barbara (presentation)
9:50–10:30 Strong Liquidity Saving Features in the Payment System design
Vladimir Kulipanov, Central Bank of Russia (presentation)
10:30–10:45 Refreshments
10:45–11:25 Interbank Lending and Fragmentation during the Financial Crisis
Edward Gaffney, Central Bank of Ireland (presentation)
Discussant: Pak Tung Cheng, Hong Kong Monetary Authority
11:25–12:05 Measure Three Times before You Cut - Different Approaches in Money Market Measurement
Jan Paulick, Deutsche Bundesbank (presentation)
Discussant: Maija Järvenpää, Bank of Finland
12:05–13:20 Group photo and lunch
13:20–14:00 Networks of Financial Market Infrastructures: Indicators for Financial Stability 
Ronald Heijmans, De Nederlandsche Bank
Discussant: Tumpak Silalahi, Bank Indonesia
14:00–14:40 Profiling Banks: Clustering Payment Profiles of TARGET2 Participants
Marc Glowka, Deutsche Bundesbank (presentation)
Discussant: Matti Virén, Bank of Finland
14:40–15:00 Refreshments
15:00–15:40 Fiscal Controls, Payment Limits and the Demand for Cash
Edoardo Rainone, Banca d'Italia (presentation)
Discussant: Argyris Kahros, European Central Bank
15:40–16:20 ATM Pricing and Deployment
Krzysztof Wozniak, Federal Reserve Bank (presentation)
Discussant: Uwe Schollmeyer, Bundesbank University of Applied Sciences
  Social event

 

Day 2, Friday 31 August

9:00–9:40 Stress Testing Kronos, the Danish RTGS System, in a Historical Perspective
Thomas Nilsson, Danmarks Nationalbank (presentation)
Discussant: Patrick Papsdorf, European Central Bank
9:40–10:20 The Implications of Instant Payments for RTGS Systems
Livia Polo Friz, European Central Bank (presentation)
Discussant: Jussi Leinonen, Bank of Finland
10:20–10:40 Refreshments
10:40–11:20 Detection of Anomalous Intraday Liquidity Management Using Recurrent Neural Networks
Ron Triepels, De Nederlandsche Bank
Discussant: Matti Hellqvist, Bank of Finland
11:20–12:00 Nowcasting Economic Activity with Electronic Payments Data: A Predictive Modeling Approach
Carlos León, Banco de la República - Colombia (presentation)
Discussant: Edward Gaffney, Central Bank of Ireland
12:00–12:40 Participant Behavior in TARGET2: Stability and Anomalies
Alexander Müller, Deutsche Bundesbank (presentation)
Discussant: Shaun Byck, Payments Canada
12:40–13:40 Lunch
13:40–14:20 Payments System Design Using an Agent-Based Approach and Reinforcement Learning
Francisco Rivadeneyra, Bank of Canada (presentation)
Discussant: Richard Heuver, De Nederlandsche Bank
14:20–15:00 Macro and Micro Prudential Policies: Sweet and Lowdown in a Credit Network Agent Based Model
Federico Giri, Università Politecnica delle Marche  (presentation)
Discussant: Ville Voutilainen, Bank of Finland
15:00–15:15 Discussion and remarks, seminar closing