https://www.taxtmi.com/news?id=27192 Emerging digital technologies - notably AI/ML, cloud computing, biometrics, APIs and DLT - enable central banks to enhance data driven analysis, forecasting, supervisory analytics, RegTech/SupTech automation, payment system design and digital public goods like CBDCs. Realising these benefits requires robust data governance, high quality training data, interoperable protocols and auditable algorithms. Adoption creates risks of algorithmic bias, privacy breaches, cybersecurity and supply chain vulnerabilities, financial fragmentation, exclusion and future cryptographic threats; mitigation needs strengthened oversight, updated legal frameworks, resilience planning and regional cooperation. en-us Mon, 29 Jan 2024 18:12:45 +0530 Mon, 29 Jan 2024 18:12:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=27192 Emerging digital technologies - notably AI/ML, cloud computing, biometrics, APIs and DLT - enable central banks to enhance data driven analysis, forecasting, supervisory analytics, RegTech/SupTech automation, payment system design and digital public goods like CBDCs. Realising these benefits requires robust data governance, high quality training data, interoperable protocols and auditable algorithms. Adoption creates risks of algorithmic bias, privacy breaches, cybersecurity and supply chain vulnerabilities, financial fragmentation, exclusion and future cryptographic threats; mitigation needs strengthened oversight, updated legal frameworks, resilience planning and regional cooperation. News - Mon, 29 Jan 2024 18:12:45 +0530 https://www.taxtmi.com/news?id=27192