Bank for International Settlements (BIS)

246 results about this entity

Period: 19 Mar 2007 - 18 Feb 2025

/sustainable

Sustainable development goals take G20 TechSprint centre stage

The Bank for International Settlements (BIS) and the Banco Central do Brasil have put sustainable finance at the centre of the latest G20 TechSprint hackathon competition.

/payments

Central banks embark on tokenisation project

The Bank for International Settlements together with seven central banks is embarking on a major project to explore tokenisation of cross-border payments.

/payments

NextGen Nordics 2024: Under two weeks to go!

On 23rd April, Finextra will be returning to Stockholm for NextGen Nordics for a day packed with panels, Q&As, workshops, keynotes, and networking.

/payments

Central banks explore tokenisation of cross-border payments

A collection of seven central banks are working with the Bank for International Settlements to explore tokenisation of cross-border payments.

/sustainable

Central banks adopt LLMs to extract climate risk data from corporate reports

The Bank for International Settlements has completed proof-of-concept testing of Project Gaia, an initiative conducted in concert with three central banks to explore the use of natural language processing, optical character recognition and machine learning to extract climate-related data from corporate reports.

/payments

Tap, click and pay: how digital payments seize the day

The use of digital payments around the world continued to grow in 2022, while the number of cash withdrawals and small-denomination banknotes declined, according to BIS figures.

/crypto

Metaverse to place new demands on payment services - BIS

The metaverse could place new demands on payment services that may be better met by central bank digital currencies and retail faster payment systems than by crypto, according to a Bank for International Settlements report.

/crime

Could CBDCs help prevent fraud?

Mandatory reimbursement for victims of authorised push payment (APP) scams came into full effect under the Payments System Regulator (PSR) at the end of last year.

/crime

BIS and Bank of England seek advisors for financial crime project

The London innovation hub of the Bank for International Settlements is inviting applications for an expert advisory group on a Bank of England-led project on financial crime fighting.

/regulation

BIS Innovation Hub discloses first six projects for 2024 work programme

The Bank for International Settlements (BIS) today announced the first batch of six new projects in its 2024 Innovation Hub work programme, including experimentations on cyber security, fighting financial crime, central bank digital currencies (CBDCs) and green finance.

/regulation

LLMs display cognitive shortfalls - BIS

When posed with a logical puzzle that demands reasoning about the knowledge of others and about counterfactuals, large language models (LLMs) display a "distinctive and revealing pattern of failure," according to a bulletin from the Bank for International Settlements.

/regulation

Basel Committee tightens criteria for preferential regulatory treatment of stablecoins

The Basel Committee on Banking Supervision today published a consultative document to propose targeted adjustments to its standard on banks' exposures to cryptoassets.