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Project FuSSE: Closing technological gaps, while fostering growth and integration

· Agustín Carstens, General Manager of the Bank for International Settlements (International)

Summary written by Dark Majestic in its own words · topics: payments, digital money and crypto-assets, development and emerging economies, growth, investment and productivity, technology, ai and cyber risk

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· Agustín Carstens Wiki · Bank for International Settlements WikiProject FuSSE: Closing technological gaps, while fostering growth and integration

ContextSpeech with the Inter-American Development Bank's president launching a joint project; the BIS serves central banks worldwide and helps Latin American central banks close technology gaps.

Why it mattersA joint effort aims to modernise Latin American payment systems that lag behind.

Problems raised
  1. Latin American payment systems lag.
  2. Technological gaps are large.
  3. Solutions are complex.
Solutions proposed
  1. Partner with the IDB on Project FuSSE.
  2. Modernise payment infrastructures.
  3. Build core functions for advanced solutions.
Read full speech on bis.org ↗

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