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 report by the Bank for International Settlements (BIS). Project Agorá, a public-private collaboration exploring tokenization of wholesale cross-border payments, conducted...
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 names AI as one of four pressure points facing the global economy. “Optimism surrounding AI may not last, despite its...
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 prototype that demonstrated tokenized commercial bank deposits could be combined with “the trust and safety” of tokenized central bank reserves...
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 and yield products, minus the protections that come with traditional financial institutions, according to the report issued Thursday (April 23) by the Bank...
June 11, 2025
In the digital age, banks and other traditional financial incumbents face the core challenge of building or being built upon. This challenge is coming to a head in the stablecoins sector, but legacy players may have a trick hidden up their sleeves. While cryptocurrency has tried for over a decade to integrate within the traditional, […]
October 02, 2024
The private credit market is booming — and has the potential to reshape lending, and risk, too, in financial services. Generally and conceptually speaking, the private lending market, estimated by...
July 02, 2024
Artificial intelligence is poised to transform the financial sector and broader economy, creating opportunities and risks that central banks must navigate carefully, according to a top official at the Bank...
April 03, 2024
Tokenization is gaining momentum on the global stage, and with commercial applications. The Bank for International Settlements announced Wednesday (April 3) that it is working in tandem with seven central banks —...
September 10, 2026
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. 10). In a speech delivered at the Global Fintech Fest 2026 in Mumbai, India, de Cos said this boom has seen equity valuations become elevated and concentrated among a small […]
July 31, 2026
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 report by the Bank for...
June 28, 2026
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 names AI as one of...
May 27, 2026
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 prototype that demonstrated tokenized commercial...