Fintech Benchmarks 2023 – presentation

Specialist Joasia E. Popowicz discusses CBDCs, cyber security, AI/ML in regtech, suptech and cloud computing

This year the tension between new forms of digital money and who has the authority to issue it came to the fore of the Fintech Benchmarks 2023.

The majority of central banks – 73% – said keeping up with regulating the use of new fintech products and services is their key challenge. This rose to 89% among emerging market economies, while adapting legacy systems was the chief concern among central banks in advanced economies. Most central banks said a CBDC is likely to increase cyber risks (80%)

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