Colin Payne

Head of Innovation

Financial Conduct Authority (FCA)

Colin Payne is a distinguished leader in financial innovation, currently serving as the Head of Innovation at the Financial Conduct Authority (FCA) and Chair of the Global Financial Innovation Network (GFIN) convening over 90 national regulators to build a powerful, collaborative network.
In these roles, he spearheads strategic initiatives to foster growth through responsible innovation, such as the newly launched AI Lab, Sandboxes and TechSprint Programme.
Before joining the FCA, Colin was the Senior Director at PwC, where he delivered programs across the GCC, including national payment strategies and digital asset initiatives with Central Banks in the region.
He has also held Partner and EVP positions at EY and Capgemini with an early tenure at Apple working with Steve Jobs.
With over 30 years at the forefront of technology and change, Colin has built an award-winning portfolio designing and deploying world-class innovation.
He has held honorary positions at Kings College and Middlesex University.

Speaking at

12:00–1:30pmTue 23 JunGFTN InsightsRoundtable Room 2, Ground FloorOpen
Roadmap for AI and Quantum

Agentic Commerce: Who Governs the Machine that Pays?

GFTN InsightsRoundtable Room 2, Ground FloorOpen
About this session

AI agents are already initiating real financial transactions - booking, subscribing, settling, and disbursing without a human approving each step. The commerce and payments infrastructure built around human decision-makers was not designed for a counterparty that never sleeps, cannot be held to a contract in the traditional sense, and can be compromised at the model layer rather than the credential layer.

This session convenes payments architects, legal practitioners, and AI deployment leads to work through the practical questions the industry is looking to answer: how do you authenticate an agent, assign liability for an autonomous transaction gone wrong, and design governance frameworks for a technology that is already in production.

Participants will examine the specific mechanics of agentic payment flows - wallet delegation architectures, spending limit enforcement, multi-agent authorisation chains, and the emerging standards around agent identity that are still being written in real time by consortia that have not yet reached consensus.

The session will also surface the fraud and risk management implications: how transaction monitoring systems designed to flag anomalous human behaviour respond to the high-frequency, pattern-consistent activity of a well-functioning agent - and what entirely new risk frameworks may be required when the buyer is a model, the merchant is an API, and the dispute resolution process was designed for neither.
2:00–3:30pmTue 23 JunGFTN InsightsRoundtable Room 3, Ground FloorOpen
Roadmap for AI and Quantum

Central Banking in the Age of AI: Cybersecurity, Resilience and Trusted Adoption

GFTN InsightsRoundtable Room 3, Ground FloorOpen
About this session

AI adoption by central banks, the financial institutions they supervise, and in financial systems and infrastructure is growing, even as AI’s capabilities and the AI risk landscape is rapidly evolving.
Increasingly powerful frontier models can enhance efficiency and decision making, whilst posing cybersecurity and financial system resilience risks as they can autonomously identify and exploit software vulnerabilities, raising significant implications for critical financial infrastructure such as national payment systems and the wider financial industry.
This roundtable discusses how central banks can prepare and respond to the next and future generations of AI capabilities and risks, ensuring cybersecurity, resilience and the trusted adoption of AI. The session will highlight best practices, challenges, lessons learnt and opportunities for cross-border collaboration in implementing and scaling AI safely and securely.
12:00–1:30pmWed 24 JunGFTN InsightsRoundtable Room 3, Ground FloorOpen
Roadmap for AI and Quantum

Building Regulatory Maturity: From Quantum Security to Quantum Advantage

GFTN InsightsRoundtable Room 3, Ground FloorOpen
About this session

To date, regulatory and industry engagement on quantum computing has largely focused on quantum security, with meaningful progress made in raising awareness, developing transition plans, and beginning the migration to post-quantum cryptography.

This roundtable reflects on that momentum and asks a forward-looking question:

What can the quantum security journey teach us about the regulator's role in enabling innovation and quantum applications in financial services?

Starting with the lens of GFIN’s Project Otto – Quantum Maturity for Regulators, this discussion will bring together regulators and industry to:
- Reflect on what has worked well in progressing quantum security from awareness to early implementation
- Discuss the regulatory tools, approaches, and mechanisms that have supported firm engagement and investment
- Explore how these lessons can be applied to support firms in experimenting with, investing in, and ultimately deploying quantum-enabled use cases
- Consider how regulators can balance risk mitigation with enabling growth, ensuring markets are prepared for both the challenges and opportunities quantum technologies present

By connecting lessons and experiences from quantum security to emerging quantum advantage, this roundtable aims to support more coordinated, proactive, and innovation-oriented regulatory approaches to quantum computing in financial services.
12:00–1:30pmThu 25 JunGFTN InsightsRoundtable Room 1, Ground FloorOpen
Blueprint for Digital Assets

Programmable Compliance: Opportunities, Risks, and Real Use-Cases

GFTN InsightsRoundtable Room 1, Ground FloorOpen
About this session

The ever evolving and accelerating world of financial and payment services presents challenges for regulators and market participants. Regulators struggle with establishing an appropriate regulatory framework to effectively address the risks associated with services leveraging innovative technologies and market participants may reject new rules if compliance is perceived as too burdensome and costly.

Technological advancement, however, not only presents challenges but also opportunities as rules and policies may be directly implemented into products and the provision of services to clients. At the roundtable, regulators, academics and industry leaders will explore the potential, risks and limits as well as regulatory requirements on a national and international level of this approach, which is commonly referred to as "programmable compliance".

Featured speakers

Hosted by

Colin Payne

Speaking at

Agentic Commerce: Who Governs the Machine that Pays?

Central Banking in the Age of AI: Cybersecurity, Resilience and Trusted Adoption

Building Regulatory Maturity: From Quantum Security to Quantum Advantage

Programmable Compliance: Opportunities, Risks, and Real Use-Cases