In order to maintain a constant dialogue with market operators, Milano Hub works via its 'Call for Proposals': invitation to market operators to present projects proposals focused on a specific theme related to innovation in the banking, financial and insurance sectors.
Milano Hub supports the projects' development usually for about six months by offering different services: every project's team is assisted by a Bank of Italy's multidisciplinary team, which will provide technical expertise in banking, financial and other sectors. Moreover, selected projects' representatives will have the opportunity to take part to seminars, networking events with other Call for Proposals' participants and stakeholders of banking and financial ecosystem.
Call for Proposals 2021
The first Call for Proposals was focused on this theme: "The contribution of artificial intelligence in improving the provision of banking, financial and payment services to businesses, households and the public administration, with a particular focus on financial inclusion, adequate consumer protection, and data security"
On 29 October 2021 the time window for the presentation of projects closed (see infographics). The list of selected projects was published on 28 February 2022. For more details on the projects see Selected projects - Description.
For further information, please visit the dedicated section on the Bank of Italy's website.
Call for Proposals 2022
The second Call for Proposals was dedicated to the following theme: 'Application of Distributed Ledger Technology (DLT) to banking, financial, insurance and payment services, with special regard to ensuring: governance reliability and compliance with the applicable provisions and guidelines expressed by the Authorities; robust settlement mechanisms with particular regard to solutions capable of ensuring the final settlement of payments in central bank money; interoperability with other DLT platforms or platforms based on alternative models (e.g. API); certainty and security of operations from a technical and legal standpoint (for example, in terms of transaction finality); and consumer protection.'
The application window closed on 31 January 2023 (see infographics). The list of selected projects was published on 17 May 2023. For more details on the projects see Selected projects - Description.
For further information, please visit the dedicated section on the Bank of Italy's website.
