BOJ's Ueda says Japan could do well with AI replacing labor, given existing shortages
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BOJ's Ueda says Japan could do well with AI replacing labor, given existing shortages
Business Business WASHINGTON, Nov 6 : Bank of Japan Governor Kazuo Ueda on Friday said rapid advancements in artificial intelligence had provided a positive demand shock for the Japanese economy, but supply side factors would also need to be studied. Ueda, speaking at an event hosted by the Interna»»»
G7 to discuss digital currency standards, crypto regulation
WASHINGTON, April 12 ― Group of Seven (G7) advanced economies will consider how best to help developing countries introduce central bank digital currencies (CBDC) consistent with appropriate international standards, Japan's top currency diplomat Masato Kanda said yesterday. The move will be among k»»»
G7 to discuss digital currency standards, crypto regulation
April 12 (Reuters) - Group of Seven (G7) advanced economies will consider how best to help developing countries introduce central bank digital currencies (CBDC) consistent with appropriate international standards, Japan's top currency diplomat Masato Kanda said on Tuesday. The move will be among ke»»»
Mounting Cyber Threats Mean Financial Firms Urgently Need Better Safeguards – Analysis
Cyber attackers continue to target the financial sector. What will happen when an attack takes down a bank or other critical platform, locking users out of their accounts? Tight financial and technological interconnections within the financial sector can facilitate the quick spread of attacks throu»»»
FinTech growth, digital banks’ risk appetite stoke stability concerns
The combination of rapid growth and increasing importance of digital banks and FinTechs entail system-wide risks for financial stability as new digital platforms grow aggressively into risky business segments, the International Monetary Fund (IMF) has said. Although FinTechs can broaden consumers’ »»»
FinTech growth and digital banks' risk appetite stoking stability concerns, IMF says
The combination of rapid growth and increasing importance of digital banks and FinTechs entail system-wide risks for financial stability as new digital platforms grow aggressively into risky business segments, the International Monetary Fund said. Although FinTechs can broaden consumers' access to »»»
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