When we think of essential infrastructure, most of us picture the power lines, roads, airports and fiber-optic cables that make it possible for us to obtain goods and services. But there is another, largely intangible infrastructure that is even more central to life in the 21st century: financial market infrastructures. They are often called ‘financial plumbing’ and, like … [Read more...] about Technology for Financial Inclusion: Leapfrogging Under a Common Language
Miguel Díaz
Head of the Toronto Innovation Hub Centre within the Bank for International settlements, his role is to contribute to the creation of digital financial public goods such as settlement systems, identity solutions and open finance environments. Before this position he was the head of Payment Systems and Financial Market infrastructures at the central Bank of Mexico where he guided the development, operation, analysis, and regulation of financial market infrastructures. He oversaw the modernization of the payment systems in Mexico, directed the creation of a fast payment system denominated in dollars, and was deeply involved in the development of the operational and regulatory strategy of the Central Bank regarding financial market infrastructures, including CBDC and the inclusion of new market participants in the ecosystem and the opening of the market to open finance solutions. In his previous roles he directed strategic planning and managed macro-financial analysis for the Bank of Mexico, and he is an Economist with a Ph.D. from the University of Chicago.