The conference will explore the changing nature of banking, money, and financial intermediation, aiming to delve deep into these topics and without getting side-tracked by hype. The event will feature a distinguished line-up of speakers from leading financial institutions around the world.
Information and communication technologies have been the foundation of financial services for decades. More recently, the digitization of information has proliferated in all areas of human activity, creating new vast pools of data. This has created opportunities and challenges for both incumbent institutions and new market entrants. Great benefits are attainable, but new risks may also emerge. New technology enables competition, and innovation can lead to better and cheaper financial services. However, it is not clear that welfare benefits can be maximized without policy interventions. Financial regulation and supervision can be a catalyst, but are also needed for safeguarding the financial system against risks.
Banking in the Digital Age conference
14 June 2018, Finlandia Hall, Helsinki
Keynote session: Redesigning the engine room of banking
Live illustrations created during session:
Panel discussion: The bank of the future
Moderator: Aleksi Grym, Bank of Finland
Keynote: Pushing the boundaries of finance