Central banks have a duty to innovate and build technology - Cecilia Skingsley, Head of the BIS Innovation Hub

Central banks have a duty to innovate and build technology - Cecilia Skingsley, Head of the BIS Innovation Hub

Speech

Central banks have a duty to innovate and build technology - Cecilia Skingsley, Head of the BIS Innovation Hub

Speaking at the opening of the Bank of Mauritius Innovation Hub, Skingsley underscored the crucial role of innovation in reshaping the financial landscape. She stressed that central banks must adapt to rapid technological changes to meet evolving societal needs, citing advancements like QR codes and artificial intelligence that enhance payment efficiency and accessibility.

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