Central banks are split over whether to collaborate with the private sector in payments, a think-tank said on Thursday, underscoring questions over the role of finance and technology firms as they ...

The State Bank of Pakistan, traditionally known as regulator of the country’s credit ecosystem and implementer ...

5. Will banks be replaced by AI-powered financial advisors? Artificial intelligence (AI) is a transformative technology, and we’ll likely see it used much more extensively in 2023.

The International Monetary Fund is working on a platform for central bank digital currencies. The platform could help support efficiency, transparency, and interoperability of settlements.

The role of a central bank like the NRB is to control inflation, maintain the external balance of payments, and the stability of the financial sector. But the NRB’s credit expansion policy has done ...

Singapore's central bank said on Tuesday it was looking into whether banks involved in a S$2.4 billion ($1.75 billion) money laundering scandal in the global wealth hub had taken all reasonable ...

The agreement was reportedly signed by H.E. Khaled Mohammed Balama Al Tameemi, Governor of the Central Bank of UAE, and H.E. Essa Kazim, Governor of DIFC, as “part of CBUAE’s Future of Finance ...

The central bank’s decision to support the financial sector is, in fact, political. It benefits some — financial sector executives and investors — at the expense of others, and tilts ...

Ant Group highlights private sector's role in developing digital yuan Major tech and commerce firms have been instrumental in helping China's central bank develop the digital yuan.

Despite high hopes for greater flexibility and more cooperation between the Bank of Thailand and the government, economists remain concerned about the bank's independence and creditibilty.HIGH ...

The National Bank of Rwanda (BNR) announced on August 1 that it is launching a retail Central Bank Digital Currency (CBDC) Ideathon, calling on individuals, fintechs, startups, and innovators to ...