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The New York Innovation Center bridges the worlds of finance, technology, and innovation and generates insights into high-value central bank-related opportunities.
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Learn about the history of the New York Fed and central banking in the United States through articles, speeches, photos and video.
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The Governance & Culture Reform hub is designed to foster discussion about corporate governance and the reform of culture and behavior in the financial services industry.
Need to file a report with the New York Fed? Here are all of the forms, instructions and other information related to regulatory and statistical reporting in one spot.
The New York Fed works to protect consumers as well as provides information and resources on how to avoid and report specific scams.
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The New York Innovation Center bridges the worlds of finance, technology, and innovation and generates insights into high-value central bank-related opportunities.
The growing role of nonbank financial institutions, or NBFIs, in U.S. financial markets is a transformational trend with implications for monetary policy and financial stability.
The New York Fed offers the Central Banking Seminar and several specialized courses for central bankers and financial supervisors.
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The Economic Inequality & Equitable Growth hub is a collection of research, analysis and convenings to help better understand economic inequality.
The Governance & Culture Reform hub is designed to foster discussion about corporate governance and the reform of culture and behavior in the financial services industry.
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NYIC Mission
The New York Innovation Center (NYIC) generates insights into high-value central bank-related opportunities enabling the central bank community to enhance the functioning of the global financial system.
Our model leverages cross-functional teams, drawing on the subject matter expertise and capabilities of partners in the central banking community. Housed within the New York Fed, we collaborate within the Federal Reserve System, the Bank for International Settlements (BIS) Innovation Hub network, and with experts from academia and the private sector. Together we:
- Conduct extensive technical research to determine the focus needed to deliver high-impact value.
- Develop bespoke experiments to test focused hypotheses and solution concepts.
- Share our findings and further collaborate with our partners to identify the next innovation opportunity.
We use first principles thinking to guide our approach to problem solving and generating high-value opportunities.
First principles thinking breaks complicated problems down into basic elements, and then reassembles them with the benefit of new experiment-generated understanding:- Break the problem into its smallest elements.
- Identify highest value learning opportunities.
- Efficiently and effectively structure the experiment.
- Generate meaningful insight from the experiment.
- Identify the next high-value learning opportunity.
