Central banks must adapt to new technologies – panel
Speakers also discussed disaster planning and cloud sovereignty
Central banks risk falling behind if they do not adapt to new technologies such as artificial intelligence, according to panellists speaking at the Central Banking Meetings London on June 11.
“They are simply new capabilities that institutions must learn to govern responsibly,” one official from a central bank in the Americas said. “Central banks often face what I believe is a false dilemma: innovation versus resilience. Innovation is frequently perceived as a source of operational risk, but not
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