Tag Archives: #centralbanking

The European Union’s Artificial Intelligence Act: Reshaping the Future of Artificial Intelligence Regulation

The rapid progress of artificial intelligence (AI) has significantly impacted industries, particularly finance and financial services, offering remarkable advancements in efficiency, decision-making and service delivery. But AI adoption has also introduced ethical, legal and societal challenges, including concerns over privacy, bias and accountability. Despite – or perhaps because of – the pace of these developments, […]

The Rise in Interest in CBDC

The following is the first in a series of blog posts on central bank digital currencies (CBDCs). The purpose of this post is a discussion of the sudden surge of interest in CBDCs. Motivations for CBDCs With the evolution of technology, digital payments have been on the rise. As technology has increasingly been leveraged to […]