Daniel Gersten Reiss is dedicated at the Central Bank of Brazil to the research on the usage of payment instruments and on innovations in this area. He has worked with payment systems for almost a decade, having managed the implementation of the Brazil-Argentina payment system in local currencies project (SML) in 2008.Dr. Reiss has a doctorate in Economics and background in both International Relations and Administration. He graduated the Brazilian Naval Academy. Recently, he has acted as vice-chairman to the ITU-T Focus Group Digital Financial Services and he is currently a member of the BIS CPMI Working Group on Digital Innovations.