In this episode, Morten Bech explains what's shaping the future of payments.

Global warming has increased the frequency and severity of natural catastrophes. Geoff Summerhayes explains the challenges related to climate risk assessment and the transition to a low-carbon economy, and the role that financial supervision can play.

"Big data" is an increasingly important topic in the creation, storage, retrieval, methodology and analysis of multiple sources of information – for both the private and public sectors. Bruno Tissot discusses how we can best use big data, the opportunities and challenges it presents, and the policy issues it creates.

Climate change poses new challenges to central banks, regulators and supervisors. Luiz Pereira da Silva reviews ways of addressing these new risks within central banks' financial stability mandate, based on a new research paper, The green swan. "Green swan" risks are potentially extremely financially disruptive events that could be behind the next systemic financial crisis.

Hyun Song Shin explains how the BIS Innovation Hub, a new project designed to support central bank collaboration on new technology and to pool resources, puts central bankers at the cutting edge of innovation. Read the transcript on the BIS website.

Siddharth Tiwari explains India's experience with designing digital infrastructure and the lessons it holds for improving cross border payments.

Hyun Song Shin offers some key analytical insights on foreign exchange and OTC derivatives markets from the latest BIS Quarterly Review, in which BIS economists take a deeper look at data from the 2019 Triennial Central Bank Survey.

Agustín Carstens discusses whether fiscal policy coordination can help slowing global growth and how Libra sparked an important policy debate.

Amit Seru, the Steven and Roberta Denning Professor of Finance at the Graduate School of Business of Stanford University and 2018 Alexandre Lamfalussy Senior Research Fellow, discusses the policy challenges from tech firms' entry into payments and financial services and explains how the current surge in fintech innovation matches up to the past.

Ulrike Elsenhuber and Omar Zulaica, from the BIS's Banking Department, explain how the BIS and central banks are supporting environmental sustainability and the greening of the financial system through the investment of foreign exchange reserves.