The artificial intelligence investment boom poses potential risks to global financial stability, Bank for International Settlements General Manager Pablo Hernández de Cos said Thursday (Sept....
Real-value testing (RVT) of tokenization of wholesale cross-border payments demonstrated an average time from payment initiation to settlement of about 80 seconds, according to a...
The Bank for International Settlements (BIS) is warning artificial intelligence optimism could be a short-lived phenomenon. In its annual report published Sunday (June 28), BIS...
The Bank for International Settlements (BIS) and its partners have marked a new milestone in their “Project Agorá.” BIS announced Thursday (May 27) that the project had delivered a...
A global banking regulator is warning of risks stemming from cryptocurrency exchanges offering banking services. Services from “multifunction cryptoasset intermediaries” (MCIs) include things like lending...
Central bank officials are warning of potential threats from the increasing use of U.S. stablecoins for international payments. Stablecoins — crypto assets pegged to fiat...
Three Bank for International Settlements (BIS) economists said Monday (March 16) that banks could be impacted by a trend in which artificial intelligence hyperscalers are...
The Bank for International Settlements (BIS) said Monday (March 16) that central banks should not react too quickly to the spike in global energy prices...
A group of central and commercial banks are reportedly stepping up testing of the Agora cross-border payments project. The effort is being led by the Bank...