South Korean Court Reinstates Han Duck-soo as Acting President Amid political chaos and economic concerns in South Korea, a recent court ruling has brought Han Duck-soo back into the spotlight…
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Study warns of AI’s role in fueling bank runs
AI in Banking: How Fake News Could Trigger Financial Instability A recent study has shed light on a concerning trend in the banking sector – the potential role of artificial…
The financial sector is continuously exploring innovative technologies to improve efficiency and respond to changing market dynamics. A recent initiative by Société Générale in collaboration with Banque de France highlights…
On November 25, 2024, ZA Bank, recognized as Hong Kong’s largest virtual bank, introduced a new service enabling retail users to trade cryptocurrencies, specifically Bitcoin and Ethereum, directly with fiat…
India’s Central Bank Governor, Shaktikanta Das, has voiced significant concerns about the impact of cryptocurrencies on financial stability. Speaking at the Peterson Institute for International Economics during Macro Week 2024,…
The Reserve Bank of India (RBI) is voicing significant concerns regarding the increasing integration of artificial intelligence (AI) within the financial sector. In a recent address, RBI Governor Shaktikanta Das…