For CFOs and treasurers, programmable money is not a thesis, it's an allocation decision. Where does settlement risk really sit when value moves in real time, and who carries the exposure? How does tokenisation rewrite collateral management and intraday liquidity? What does the yield/risk trade-off look like across deposits and other forms of money, and what happens to deposit insurance and the lender of last resort when money is code? The question boards are starting to ask: whose balance sheet does each instrument sit on, yours, your bank's, or nobody's? And are balance sheet light banking models the safer answer? A working session for the people who answer with real money.

Discovery is shifting from ads to AI agents, and those agents now pay. Get a front-row seat: live on stage, an agent on popular AI platform finds a product, waits until its conditions are met, then completes a real purchase on a storefront. What banks and enterprise merchants need to get there: agent-ready catalogues, rules agents act on, and guardrails that keep every payment authorised.

Building the infrastructure for financial inclusion and cross-border connectivity is one challenge. Financing it is another, and it's the one that usually gets skipped over in the excitement about what could be built. Is the binding constraint on financial inclusion the technology, or the capital to build and sustain it?

This panel brings together leaders from a small economy building its own digital public infrastructure, a hub positioning itself to draw global capital into a fast-growing regional market, and a development bank whose entire mandate is getting credit to populations mainstream finance still doesn't reach. The dialogue will focus on where the funding for this actually comes from, state budgets, development finance, or private capital drawn in by the right market positioning, and what it takes for a smaller or developing market to make itself genuinely investable.