BIS Innovation Hub: To expand to new locations in Europe and North America
- BIS Innovation Hub to extend global reach with four new centres over next two years in collaboration with central banks
- New locations in Toronto, London, Frankfurt & Paris and Stockholm; strategic partnership in New York
- Expansion will allow Innovation Hub to spur central bank work across multiple fintech pillars
- The Board of the BIS announced the expansion of the BIS Innovation Hub with the establishment of new Hub centres across Europe and in North America
- In the next two years, the BIS will open centres in collaboration with the Bank of Canada (Toronto), the Bank of England (London)
- The expansion will build on the foundation already put in place by the first three Hub Centres
