Excessive artificial intelligence (AI) investment could make the technology’s boom unsustainable, according to a new Bank for International Settlements report. “The AI build-out ranks among the largest technology-driven investment booms in U.S. history,” Phurichai Rungcharoenkitkul, an economist for the bank (BIS), wrote in a report...
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...
Today’s stablecoins have structural flaws that could impact macroeconomic and financial stability if the technology is more widely adopted, the Bank for International Settlements (BIS) said in a Tuesday (June 23) press release, outlining findings from the soon-to-be-released BIS Annual Economic Report 2026. In their current form, stablecoins...
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...
April 13, 2026
Moving money across borders still means navigating a patchwork of correspondent banks, local clearing systems and compliance checks that slow transactions, inflate costs and introduce uncertainty to every step. The demand for improvement is already there. PYMNTS Intelligence data indicate that 14% of U.S. consumers made cross-border payments in the past year and 63% […]
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...
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 —...
August 28, 2026
Tokenized deposits are more likely than stablecoins to perform the role of money, Bank for International Settlements General Manager Pablo Hernández de Cos said Friday (Aug. 28). In a speech delivered at the Jackson Hole Economic Symposium, hosted by the Federal Reserve Bank of Kansas City, de Cos said that while both technologies use tokenization, […]
July 14, 2026
Excessive artificial intelligence (AI) investment could make the technology’s boom unsustainable, according to a new Bank for International Settlements report. “The AI build-out ranks among the largest technology-driven investment booms...
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...
June 24, 2026
Today’s stablecoins have structural flaws that could impact macroeconomic and financial stability if the technology is more widely adopted, the Bank for International Settlements (BIS) said in a Tuesday (June 23) press release,...
