Center for Advanced Financial Technology (CAFT) 20th Anniversary Workshop
-- Digitalization and the Future of Japan's Financial Services --

January 10, 2025
Bank of Japan

This July will mark the 20th anniversary of the Bank of Japan's Center for Advanced Financial Technology (CAFT).¹ To celebrate this, the CAFT will hold a workshop, "Digitalization and the Future of Japan's Financial Services," on Friday, January 31, 2025.

The spread of digital technologies provides financial institutions with the opportunity to improve operational efficiency and offer new financial services. Financial institutions have already being doing so through the use of digital channels such as smartphones, and through the use of cloud services, distributed ledger technology, and so on. These developments have been accelerating recently, as seen, for example, in the increased use of generative artificial intelligence. At the same time, financial institutions need to be aware of the risks that new technologies can bring, such as the possibility of cyber-attacks. This workshop aims to review the progress in digitalization and the implications for the future of Japan's financial services, with leading figures from the fields of finance, technology, and academia presenting their ideas. Please check the Workshop Program [PDF 237KB] for further details.

Participation in this workshop is by invitation. The transcript of the keynote speech and the summary of discussions held at the workshop will be published on the Bank's website.

1. For details regarding the establishment of the CAFT, see "The Bank of Japan's Measures regarding the Financial System after the Full Removal of Blanket Guarantee of Deposits. [PDF 32KB] " For the CAFT's activities, see "VII. Communications with Financial Institutions through Seminars."

Inquiries

Financial System and Bank Examination Department
E-mail : caft@boj.or.jp