Bank for International Settlements (BIS)

240 results about this entity

Period: 19 Mar 2007 - 26 Nov 2024

/payments

Central bank digital currencies: legal and system design considerations

A group of seven central banks (Bank of Canada, the Bank of England, the Bank of Japan, the European Central Bank, the Board of Governors of the Federal Reserve System, Sveriges Riksbank and the Swiss National Bank) together with the Bank for International Settlements, have been working together to explore selected aspects of central bank digital currencies (CBDCs) for the public ("general purpose" or "retail" CBDC).

/ai

European central banks look to GenAI to improve inflation forecasting

The Bank for International Settlements is working with the European Central Bank and Detusche Bundesbank to explore how generative AI could be applied to improve inflation forecasting.

/payments

Central banks form steering organisation to oversee roll out of Project Nexus

The five central bank partners in Project Nexus, a Bank for International Settlements initiative to interlink domestic real-time payment rails across borders, are to establish a managing entity, the Nexus Scheme Organisation (NSO), which will oversee the project in its live implementation stages, in Singapore.

/regulation

Central banks prove use case for embedding compliance into cross-border transactions

The Bank for International Settlements (BIS) along with central banks in Australia, Korea, Malaysia and Singapore have successfully demonstrated the feasibility of embedding regulatory compliance requirements with cross-border financial transactions.

/payments

Europe's Target Settlement system to join cross-border instant payment project

Europe's Target Settlement system is to join Project Nexus, a Bank for International Settlements initiative to connect domestic real-time networks across borders.

/regulation

Central banks ponder the risks of tokenisation

Tokenisation of money has many benefits, but also poses economic, legal and technical challenges that must be addressed if it is to fulfil its potential, says the Bank for International Settlements.

/wholesale

Central banks rally around data portability project Aperta

The Bank for International Settlements (BIS) is launching Project Aperta to explore how to reduce frictions and costs in global finance by enabling seamless cross-border data portability.

/payments

BIS issues reports on interlinking faster payments and APIs

The BIS Committee on Payments and Market Infrastructures (CPMI) today published two reports to the G20 that offer key insights and recommendations on the interlinking and interoperability of payment systems to enhance cross-border payments.

/payments

BIS signs up more Project Agora participants

More than 40 private sector financial firms, convened by the Institute of International Finance, will join the Bank for International Settlements and a group of leading central banks in Project Agorá to explore how tokenisation can enhance wholesale cross-border payments.

/sustainable

Central banks build resource for climate risk data

Climate change poses significant challenges to the global financial system, and financial authorities and institutions need access to reliable, consistent climate data to assess their exposure to its associated risks.

/ai

BIS field study show AI use can boost productivity among programmers

A Bank for International Settlements' field study on AI use by Ant Group programmers demontrated a clear boost in the number of lines of code produced by staff exposed to the Large Language Model.

/payments

Bank of England to develop analytics data platform for ISO 20022

The Bank of England is working with the BIS Innovation Hub London centre on a project that will explore how technology can enhance the analytical use of ISO 20022 data to shed light on economic conditions, system liquidity and compliance