AI offers substantial benefits to society. Stephen Cecchetti, Robin Lumsdaine, Tuomas Peltonen and Antonio Sánchez Serrano discuss significant concerns regarding risks to the financial system and propose a mix of competition and consumer protection policies address these vulnerabilities
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Governments globally have been ramping up initiatives to modernize their digital payment and financial systems. S Yash Kalash writes that nations must guard, strengthen digital rails to secure financial sovereignty
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AI is transforming finance faster than the authorities can adapt. Jon Danielsson argues that while AI enhances the financial system’s efficiency, it also poses new, poorly understood risks, and ineffective supervision will mean a higher risk of financial crisis
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Stablecoins have emerged as a major innovation with broad implications for payments and international finance. Richard Portes explores the risks such stablecoins pose to financial stability and measures that could contain these risks
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Innovation in money and payments is happening at pace. Sarah Breeden sets out her vision for a ‘multi-money’ system where different forms of money including traditional and tokenised commercial bank deposits, stablecoins and central bank money are freely exchangeable
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The payment system is experiencing a technology-driven revolution. Christopher Waller outlines how the Fed is exploring the integration of emerging technologies such as tokens, smart contracts and AI into the payments system
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The potential of India is enormous. Sanjay Malhotra presents his perspective on how India is poised to be a dynamic powerhouse of opportunities, innovation, and sustainable growth in the years to come
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World Commerce Review is pleased to announce that BVI Finance has been awarded the WCR Best International Financial Services Partner 2025.
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It is five years since Brexit. Jesper Berg, Rebecca Christie, Hans Geeroms and Francesco Papadia argue that the EU and UK should address issues with the clearing and settlement industry and letterbox firms to protect financial stability, withstand transatlantic turmoil and help their respective economies thrive
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Dave Ramsden discusses the BoE’s role in wholesale payments infrastructure and innovation, examining how both public and private innovation could reduce market frictions and support growth, outlining the Bank’s next steps for experimentation in wholesale payments
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