Bank for International Settlements (BIS) - News, Articles & Research

Company announcement/regulation

BIS reports on Big Data and machine learning in central banking

The world is changing and so is the way it is measured. For decades, policymakers and the private sector have relied on data released by official statistical institutions to assess the state of the economy.

04 March 2021

News/crypto

China and UAE central banks explore CBDC for cross-border payments

The central banks of China and the United Arab Emirates are joining their counterparts in Thailand and Hong Kong on a CBDC project investigating cross-border foreign currency payments.

23 February 2021

News/payments

BIS and Swift to host ISO 20022 hackathon

The Bank for International Settlements and Swift are to run an ISO 20022 and API hackathon in a global search for new ways to make cross-border payments faster, cheaper and more transparent.

17 February 2021

News/crypto

Bitcoin may 'break down altogether' - BIS chief

Bitcoin may "break down altogether", according to BIS general manager Agustin Carstens, who has also poured cold water on stablecoin projects such as the Facebook-led Diem and argued that if digital currencies are needed they should be issued by central banks.

29 January 2021

News/sustainable

BIS Innovation Hub targets CBDCs and green finance in 2021

An investigation into the use of multiple wholesale CBDCs for cross-border payments and a DLT prototype for the distribution of tokenised green bonds to retail investors are among the projects on the agenda this year for the Bank for International Settlements Innovation Hub.

25 January 2021

News/devops

BIS to develop Big Data open source prototype

The Bank for International Settlements is working on a data-streaming prototype capable of handling 2000 data points every second.

04 January 2021

News/crypto

Swiss National Bank and BIS hail CBDC experiment

The Swiss National Bank (SNB), the Bank for International Settlements (BIS) and SIX have carried out a proof-of-concept experiment that integrates tokenised digital assets and central bank money.

03 December 2020

News/regulation

Sandboxes help fintech startups raise money

Entering regulatory sandboxes helps fintech startups raise capital, boosting financial innovation, suggests a BIS working paper.

10 November 2020

Company announcement/regulation

BIS Innovation Hub and HKMA announce TechChallenge winners

The Bank for International Settlements Innovation Hub (BISIH) centre in Hong Kong SAR and the Hong Kong Monetary Authority (HKMA) today announced the winners of the TechChallenge - Digitising Trade Finance initiative.

02 November 2020

News/regulation

BIS: FX execution algorithms contribute to market functioning but bring new challenges

Execution algorithms (EAs) - designed to buy or sell foreign exchange according to a set of user instructions - have contributed positively to FX market functioning, but they also give rise to new challenges for regulatory bodies, states the Bank for International Settlements.

30 October 2020

News/crypto

Central banks lay out ground rules for CBDC creation

A group of seven central banks together with the Bank for International Settlements (BIS) have published a report laying out the key requirements for creation of a central bank digital currency.

09 October 2020

Company announcement/regulation

BIS Innovation Hub names TechSprint winners

The Bank for International Settlements (BIS) and the Saudi G20 Presidency today announced the winners of the G20 TechSprint challenge at the conclusion of the Enabling Regulatory and Supervisory Solutions for the Digital Era symposium, hosted by Dr Ahmed Alkholifey, Governor of the Saudi Arabian Monetary Authority (SAMA), and Benoît Cœuré, Head of the BIS Innovation Hub.

06 October 2020