Articles by Joasia E. Popowicz
Bundesbank partners with MIT on digital euro privacy
EU previously raised concerns about single access point to verify holding limits
CBDCs could increase financial instability, Fed paper says
Central banks should consider price and quantity tools to mitigate risks, researchers say
Reserve managers brace for war
Geopolitical escalation could trigger inflationary and energy shocks, RMT survey finds
BIS and central banks develop AI tool to mine climate data
Hallucinations “do not seem” to impact results of initiative with Bank of Spain, ECB and Bundesbank
Has mobile money achieved what retail CBDCs aspire to?
Central Banking Spring Meetings: Fintech panellists discuss financial inclusion and bank casualties
Fintech Benchmarks 2024 report – the promise and threat of AI
Benchmark data reveals how central banks are developing CBDC, tapping into AI tools and using cloud services to boost their work
Asian central banks co-ordinating CBDC work in ‘near real time’
RBI deputy governor says Seacen members tend to use public-key cryptography in their design
Turkey’s digital lira to use ‘programmable payments’
Intermediaries will offer related services, though these may differ across providers
RBI extends deadline for Paytm to close lender
Central bank continues to target fintech for “persistent non-compliance”
EU considering shift to T+1 or T+0 – Cipollone
ECB board member says markets are on brink of “significant shift” in digital settlement
US sanctions firms for smuggling tech to Iran’s central bank
Central bank subsidiary that developed bank’s digital currency platform among those targeted
Riksbank HR system restored 17 days after ransomware attack
Other incidents using Akira software reported across the world since 2023
Hong Kong issues world’s first multi-currency digital bond
Digital green bonds available in US dollars, Hong Kong dollars, euros and yuan
Head of Romania’s central bank ‘deepfaked’ by scammers
NBR says fraudsters’ use of AI-generated video points to increasing risks from manipulated imagery
BoE holds rates and cuts 2024 growth forecast to 0%
‘More evidence’ needed before cuts, though bank expects inflation to reach 2% by 2026
Swedish central bank affected by ransomware attack
Riksbank’s HR and payroll reportedly still impeded after hackers targeted third-party cloud provider
‘Digital pound’ enters next stage of design phase
BoE and Treasury outline how CBDC could work and try to allay concerns
South Africa holds rates in unanimous decision
Governor reiterates inflation must fall further before there can be cuts
Central banks face ‘black box’ effect in AI, warns BIS
Institution’s latest bulletin underlines the opportunities and challenges of machine learning
Venezuela shuts down state cryptocurrency
Petro overseer had been embroiled in scandals, including over $21.2 billion of missing oil payments
Kosovo’s central bank rules cash transactions must be in euros
From February 1, currencies such as the Serbian dinar will not be accepted
RBI proposes self-regulation for fintechs
Move comes as India hailed as one of sector’s “most significant operating countries”
BIS and partners will test digitising promissory notes
World Bank and SNB to work on project using distributed ledger technology
Generative AI set to profoundly change workforce – IMF research
Paper recommends retraining for workers whose jobs are susceptible to erasure