Central Banks Are Largely Unprepared for AI’s Impact, Says BIS
Central banks have a responsibility to safeguard the financial stability of their economies, but they should also be at the ...
Stay informed with the latest news and insights on central banks in payments and banking, exploring their role in monetary policy, financial stability, and the development of digital currencies.
Central banks have a responsibility to safeguard the financial stability of their economies, but they should also be at the ...
Recent data found that consumers in Canada have a high awareness of the region’s CBDC but prefer cash when paying ...
As digital payment usage increases worldwide, and more central banks explore the use of central bank digital currencies (CBDCs), privacy ...
Africa’s instant payment systems (IPSs) processed 32 billion transactions last year, totaling $1.2 trillion U.S. dollars. The volume of payments ...
The Australian government said it will be introducing new laws that will enable the central bank to oversee digital wallets, ...
The adoption of ISO 20022 is well underway, especially within central banks and larger institutions. This International Organization for Standardization ...
Last year, 93% of central banks engaged in some form of CBDC work—not only marking a significant rise from previous ...
There’s been a lot of chatter about a potential recession this year. But it hasn’t come yet, and there’s some ...
As recently as two months back, we provided member research on the cross-border B2B payments landscape, which has been one ...
Like cryptocurrency, central bank digital currencies (CBDCs) are considered digital currency and are issued by a central bank. Many countries ...
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