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New York Fed to launch New York Innovation Center on November 29

NEW YORK, NY (November 16, 2021) — On Monday, November 29, the New York Fed will launch the New York Innovation Center (NYIC), a strategic partnership with the Bank for International Settlements (BIS) Innovation Hub.

To mark the inauguration of the NYIC, the New York Fed will host a public event focused on innovation in the central bank community, the value of the strategic partnership, and the opportunity areas for the Center. Featured speakers at this virtual forum include:

  • The Honorable Jerome H. Powell, Chair, Board of Governors of the Federal Reserve System
  • Agustín Carstens, General Manager, BIS
  • John C. Williams, President and CEO, New York Fed
  • Benoit Coeure, Head of the BIS Innovation Hub
  • Per von Zelowitz, Director of the New York Innovation Center
  • Naureen Hassan, First Vice President, New York Fed
  • Raj Seshadri, President of Data and Services, Mastercard
  • Amy Nauiokas, Founder and CEO, Anthemis

The NYIC will be housed at the New York Fed and will collaborate with the Federal Reserve System, the BIS Innovation Hub Centers, and public and private sector experts to explore the development of public goods that enhance the functioning of the global financial system.

Virtual Event: Introducing the New York Innovation Center
Date: November 29, 2021
Time: 3:00 p.m. EST
Location: Webex

This event is open to press and on the record. Please see the event page to register. For media inquiries, contact Brian Manning at the New York Fed: brian.manning@ny.frb.org.

To subscribe to e-mail alerts for the New York Innovation Center, click here


About New York Fed

The New York Fed oversees the Second Federal Reserve District, which includes New York State, the 12 northern counties of New Jersey, Fairfield County in Connecticut, Puerto Rico and the U.S. Virgin Islands. Though it serves a geographically small area compared with those of other Federal Reserve Banks, the New York Fed is the largest Reserve Bank in terms of assets and volume of activity. The New York Fed has several unique responsibilities as part of the Federal Reserve System, including conducting open market operations to execute monetary policy on behalf of the FOMC, acting as the fiscal agent of the U.S. Treasury, operating Fedwire, and providing banking and clearing services to foreign central banks, governments and international agencies.

Contacts

Mariah Measey
(347) 978-3071
Mariah.Measey@ny.frb.org

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