The International Monetary Fund monitors the global financial system and provides emergency lending to member nations facing balance-of-payments crises. By promoting exchange-rate stability and ...

The IMF called for treating cybersecurity as a core stability issue as new AI tools let even unskilled attackers breach critical infrastructure.

While the global usage of currencies other than the U.S. dollar and the euro for cross-border payments remains limited, rapid technological (e.g. digital money) or geopolitical changes could ...

THE European money crisis only dramatized what many experts have long regarded as an unassailable dictum: the free world’s monetary system is overdue for an overhaul. That system—the internationally ...

A financial system is a set of institutions that permit the exchange of funds and credit. Learn how banks, insurers, and ...

The International Monetary Fund points to Anthropic's Claude Mythos Preview as an example of how quickly technology is advancing.

Earlier this month, I had the privilege of participating in the conversations held in the various lounges and side events connected to the annual meeting of the World Economic Forum in Davos, ...

The host of complex challenges currently facing the world calls for a shared and coordinated response. Three decades of increasing global economic integration boosted productivity and living standards ...

The Bank for International Settlements (BIS) unveiled a new vision for the future of the global monetary and financial system, centered on a tokenized unified ledger. This innovative framework aims to ...

The International Monetary Fund has issued a stark warning about advanced artificial intelligence tools powering cyberattacks. These attacks pose significant risks to global financial stability. The ...

The development of payment infrastructure in emerging-market economies (EMEs) -- from instant payment systems in retail ...