The Point Zero Forum 2024 in Zurich looked into the future of finance. AI adoption, quantum technology, digital assets, and the rise of sustainable investments were the hot topics at Switzerland's largest gathering of high finance – in collaboration with Singapore.
The Point Zero Forum, held from July 1st to 3rd, 2024 in Zurich, is an initiative by Singapore-based Elevandi and the Swiss State Secretariat for International Finance (SIF) aimed at fostering dialogue on policy and technology in the financial industry. finews.com was involved as a media partner.
The third edition kicked off last Monday with «Innovation Tours,» providing participants exclusive access to leading Swiss companies and innovation labs. These tours offered a great opportunity to experience cutting-edge projects firsthand and gain insights into trends and technologies driving innovation in the financial sector.
Future of Finance
Central bankers, policymakers, fintech leaders, technologists, and investors all gathered on «Day Two» at the Circle Convention Center in Zurich to discuss the future of finance through the lenses of responsible AI adoption, quantum technology, digital assets, and payment frameworks.
As previously reported by finews.ch, among the prominent speakers were: Axel Weber, Chairman of the Advisory Board of Visa; Sabine Keller-Busse, President of UBS Switzerland; Daniela Stoffel, State Secretary for International Finance; and Juan Beer, CEO Zurich Switzerland. Here are some impressions from finews.tv:
The forum opened the third day with a speech by Stefan Walter, CEO of the Swiss Financial Market Supervisory Authority (Finma), in which he explained that effective supervision and regulation of financial innovations must remain technology-agnostic and prioritize risk assessment over favoring specific technologies.
Guiding New Business Models
He added that innovations leveraging technologies like DLT and cryptocurrencies must be scrutinized for their impact on market integrity rather than prioritizing the underlying technology.
Furthermore, he emphasized that clear regulatory frameworks such as the Swiss DLT and MiCA laws are crucial for guiding new business models and maintaining trust in financial services.
Groundbreaking Progress
Through a series of roundtables, keynote speeches, and panels, participants expanded their understanding of the finance industry of tomorrow, such as with the presentation by Emily Corfield, EMEA Head of Financial Institutions at StoneX, who revealed ground-breaking advancements towards establishing a global multilateral payments platform.
