The first three Eurosystem Centre projects will focus on crypto markets, quantum-resistant cryptography for payments, and climate-related disclosures.
June 20, 2022The joint initiative will seek to accelerate the development of privacy-preserving federated learning solutions that can help to combat financial crime.
June 16, 2022Some incentive systems used in retail banks' front offices may unintentionally push staff to prioritise business objectives over customer outcomes.
May 26, 2022QR payments allow the creation of a digital payment footprint that enables small firms to access credit from both big tech firms as well as banks.
May 10, 2022The guide highlights the need for banks to establish proper data and AI governance frameworks, and maintain continuous control over AI-based solutions post-implementation.
May 2, 2022Greater scope and depth needed to keep pace with demand for more holistic approaches to climate risk management by banks and investors.
April 4, 2022The BCBS is exploring banks' use of AI/ML, specifically in the areas of explainability, governance, and resilience and financial stability.
March 18, 2022A new open-source software toolkit has also been published to enable financial institutions to automate the fairness metrics assessment.
February 6, 2022The increasing use of suptech tools may diminish supervisory judgment, which could lead to “supervisory blind spots” and a “broader loss of institutional knowledge”.
December 12, 2021BNM is using technology to improve its risk-based supervision, intelligence analysis, data science techniques and off-site surveillance.
December 6, 2021