New Technology for Old Markets

Mise en ligne le 9 Mai 2025

Conférences
19 Septembre 2025 - 09:00

The rapid advancement of financial technology is transforming traditional financial markets worldwide. While developed economies are experiencing incremental improvements, emerging markets have the unique opportunity to leapfrog legacy systems and implement cutting-edge solutions. Moldova, with its nascent financial sector, stands at a crucial junction where thoughtful implementation of new technologies could accelerate financial market development and inclusion. Artificial Intelligence and Distributed Ledger Technology (DLT) are redesigning core financial functions from payment systems to market infrastructure. How can emerging economies leverage these technologies to build robust, efficient, and inclusive financial markets? What lessons can be learned from both successes and failures in other markets? How should regulatory frameworks evolve to support innovation while ensuring stability?

The 1st annual international conference jointly organized by the National Bank of Moldova (NBM), the National Bank of Romania (NBR) and the Banque de France (BdF) will focus on the opportunities and challenges of implementing modern financial technology in emerging markets, with special attention to the unique circumstances of Eastern European economies.

The one-day event will feature keynotes, policy panels, and presentations of research papers in a blended on-line/on-site format.

09:00 – 09:30

Registration

09:30 – 10:00

 

Opening Remarks
Anca Dragu, National Bank of Moldova
TBC, National Bank of Romania

10:00 – 12:00

 

Research Session

  • Olga Bagur (ECB) “Geopolitics and Global Interlinking of Fast Payment Systems
  • Daniela Balutel (Bank of Canada) “Buy, Buy, Bye! The Role of Learning and Beliefs in Exiting from the Bitcoin Market

 

  • Claudiu Negrea (NBR)

Governing Financial Innovation Through Institutional Learning

  • Alexandru Monahov (NBM)

“Harnessing the Power of AI to Enhance Risk Monitoring and Default Prediction in the Financial System”

12:00 – 13:00

Lunch

13:00 – 13:45

Keynote: Jon Frost
Head of Innovation and the Digital Economy, Bank of International Settlements   

13:4515:00

 

Panel 1: Digital transformation of financial markets in emerging economies
Moderator: Alexandre Stervinou (Banque de Framce)

  • Marius Jurgilas, Axiology
  • Oleksandr Stelmakh, Head of Digital Solutions CISSEE, Visa
  • Dumitru Vicol, DCU & IPRE
  • Sorin Mirea, FintechOS

15:00 – 15:30

Coffee Break

15:30 – 16:30

 

Panel 2: Women in Finance
Moderator: Governor Anca Dragu

  • Doina Nistor Ministry of Economy and Digitalization
  • Cristina Doros, Senior Vice President (Visa)

 

16:30 – 17:30

 

Panel 3: DLT – Innovation Transceding Central Banking

Moderator: Mihnea Constantinescu (National Bank of Moldova)

  • Ms. Adeline Bachellerie, Banque de France (online Deputy Director Innovation and Financial markets infrastructure)
  • Mr. Diaz Miguel, BIS (Deputy Head Innovation Hub)
  • Ms. Sarah Liebing, DNB (online Head of Department Market Infrastructure and Innovation in the Payments)

17:30 – 17:45

Coffee Break

17:4518:15

Keynote: Governor Francois Villeroy de Galhau
Banque de France

18:15 – 18:30

Closing Remarks

The organizing committee invites submissions in the following areas (non-exhaustive):

  • AI applications in market surveillance and risk management for emerging markets
  • DLT-based market infrastructure: opportunities and implementation challenges
  • Digital transformation of traditional banking services in developing economies
  • Cross-border payment systems and regional financial integration
  • Open banking and API-based financial services in developing economies

Organizing Committee:
Olivier de Bandt (Banque de France)
Daniela Balutel (York University)
Mihnea Constantinescu (National Bank of Moldova & University of Amsterdam)
Denis Gorea (BIS)
Serban Matei (National Bank of Romania)
Virgiliu Midrigan (New York University) Chair
Marcel Voia (University of Orléans)

More Informations

Mise à jour le 19 Août 2025