Joasia E. Popowicz

The European Central bank says it has restored normal operations of its real-time gross settlement system T2 after reporting the second incident in a week, affecting settlement of euros and Danish krone. Today (July 6), in the early hours of the morning, the ECB said in its operational status page “T2 is currently facing an incident impacting the processing of payments”. The bank reported a similar disruption to the processing of payments a week earlier on June 29. Central Banking understands that

“The connection between AI and suptech is very natural,” Sandro Gogaladze, artificial intelligence engineer at the National Bank of Georgia, tells Central Banking. Joining him on Tech Talk is Varlam Ebanoidze, head of the fintech and supervisory technology development department. They explain how the National Bank of Georgia focuses on three things when it comes to AI adoption, both internally and externally: competition and inclusion; explainability; and AI in suptech. Open banking is seen as a