Half of fintech benchmarks respondents use AI/ML tools
Richer nations more likely to use artificial intelligence
Artificial intelligence (AI) and machine learning (ML) used by central banks has the potential to transform internal processes, as well as help fulfil regulatory and supervisory mandates, by moving beyond traditional model constraints.
Half of central banks participating in the Fintech Benchmarks 2022 said they use AI/ML tools.
Of the 29 central banks that answered this question, respondents were weighted towards central banks from higher income countries: 41% from high income, 38% from
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