May 2025

Artificial intelligence and human capital: challenges for central banks

Central banks need a new mix of workforce skills and a culture of innovation to prepare for a transition toward AI-intensive workflows.

Cryptocurrencies and decentralised finance: functions and financial stability implications

Cryptocurrencies and decentralised finance (DeFi) aim to replicate many of the economic functions of traditional finance (TradFi), but they introduce new financial stability risks.

Project AISE: enhancing financial supervision with AI-powered tools

A new Innovation Hub project aims to provide financial supervisors with an AI-powered tool to enhance on-site supervision.

And so we pay: more digital and faster, with cash still in play

Are fast payments redefining the future of payments?

Basel III implementation dashboard

Basel Committee launches improved dashboard showing further progress in implementing key outstanding post-crisis Basel III standards.

Project Meridian FX: exploring synchronised settlement in FX

Project Meridian FX shows the possibility of cross-border linkages for foreign exchange transactions between wholesale payment infrastructures.

Project Promissa: tokenisation of promissory notes

Project Promissa shows that paper-based promissory notes used to fund multilateral development banks can be tokenised to solve inefficiencies.

More BIS publications

IFC Report: Governance and implementation of artificial intelligence in central banks
AI can hold significant potential for central banks to enhance their various tasks and better guide decision-making.

FSI Insight: Act early or pay later: the role of qualitative measures in effective supervisory frameworks
Effective bank supervision hinges on supervisors’ willingness to take timely qualitative measures.

Statistical release: BIS international banking statistics and global liquidity indicators at end-December 2024
Global cross-border bank credit remained virtually unchanged in Q4 2024 but also revealed considerable sectoral and regional variations.

Upcoming

6 May: Launch of the G20 Techsprint for scalable and open finance
5-7 May: Andréa M Maechler and Cecilia Skingsley speak at the Point Zero Forum
15 May: Over-the-counter Derivatives Statistics for H2 2024
20-21 May: Basel Committee meets
27 May: Agustín Carstens gives the Mayekawa lecture at the Bank of Japan Institute for Monetary and Economic Studies conference, Tokyo

FTSE Mondo Visione Exchanges Index:

BIS: Artificial Intelligence, Cryptocurrencies And Trends In Fast Payments