"Project Leap" will test the ability of a quantum-resistant algorithm to maintain the confidentiality of payment messages transmitted between Banque de France and Deutsche Bundesbank.
The linkage will provide "faster, cheaper, more transparent and more inclusive cross-border payments", said Bank Indonesia governor Perry Warjiyo.
CFA Institute's Siva Ramachandran and Phoebe Chan examine the ethical aspects of using AI tools in investment management.
The CMA’s initial review will explore the opportunities and risks AI models could bring for competition and consumer protection.
The 2023 TechSprint will focus on technology solutions to address illicit finance risk, FX and liquidity solutions, and technology for CBDC platforms.
Ministers endorsed an AI action plan for “promoting global interoperability between tools for trustworthy AI”.
ZA Bank and Mox Bank have the largest customer bases. None of the eight virtual banks are profitable yet, but their losses have mostly narrowed.
The SFA and Austrade signed an MoU that will help fintechs expand across borders. Support will be provided by Enterprise Singapore, HSBC and AWS.
Under the A$70mn Partnership Programme, ASX will offer payouts to stakeholders to support their efforts in meeting project milestones.
Four agencies reaffirmed their commitment to "vigorously enforce their collective authorities and to monitor the development and use of automated systems."
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