Artificial Intelligence: A Bulwark for Global Banking System Stability

The global banking system, a linchpin of the world economy, is a complex and interconnected network vulnerable to a myriad of risks, including financial crises, market volatility, and cyber threats. In an era characterized by rapid technological advancements, Artificial Intelligence (AI) emerges as a potent tool to enhance the stability and resilience of this critical infrastructure. This essay explores how AI can safeguard the stability of the global banking system by addressing key vulnerabilities and augmenting existing regulatory mechanisms.