Bank Frick Innovative Finance Lab
The Bank Frick Innovative Finance Lab (IFL) at the University of Liechtenstein is an interdisciplinary competence centre for the future of finance. It focuses on innovative topics such as blockchain, FinTech, token economics, artificial intelligence and machine learning. The lab’s goal is to connect and further develop research, teaching, transfer and professional education in these pioneering fields. The IFL offers both academic research and practice-oriented projects for companies and institutions.
Additionally, it serves as a platform for knowledge exchange, presenting current developments in a clear and target-group-oriented manner. A strategic focus lies on professional education programmes, certificate courses and workshops for specialists and executives in digital finance, blockchain and FinTech.
The financial centre Liechtenstein responded early to the current upheaval in the financial sector, which is mainly characterised by technological innovations such as blockchain technology, artificial intelligence (AI) and decentralised finance systems (DeFi). This allowed the Principality of Liechtenstein to position itself early as an innovation hub in FinTech and digital finance. This is also reflected in the strategic embedding of the topic in the Liechtenstein government’s financial centre strategy.
The University of Liechtenstein established the field of Innovative Finance early on, and with support from Bank Frick, the “Bank Frick Innovative Finance Lab (IFL)” was founded in 2018. This competence centre for the future of finance covers a broad spectrum of innovation topics in research, professional education, knowledge transfer and teaching. This expertise flows into academic research, commissioned research for companies and innovative transfer formats.