Sarb, Bis Launches Techsprint Initiative

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The South African Reserve Bank and the Bank for International Settlements has launched the TechSprint initiative under South Africas G20 Presidency and the BIS Innovation Hub.

The initiative, which is in its sixth year, focuses on finding technological solutions that are scalable, while enhancing trust and integrity in the financial system.

Speakers at the G20 TechSpring conference in Sandton, Johannesburg, have emphasised the importance of innovative tech solutions that promote digital economic inclusion and cross border trade.

This years G20 TechSprint competition invites developers, fintechs and innovators to submit solutions that catalyse trust and integrity in scalable and open finance.

The event has been designed to reflect the themes of South Africas G20 Presidency which include digital inclusion, small and medium-sized enterprise growth, and cross-border trade.