International Day of Banks

The New York portion of the Future of Money, Governance, and the Law 2026 brings together government leaders with real-world requirements to meet technology innovators to explore how AI, blockchain, and quantum impact financial services. The program focuses on digital inclusion, cybersecurity, human rights, standards, interoperability, market transformation, and practical collaboration needed to build a more secure, accountable, and inclusive digital future. GBA will also host their Annual Achievement Awards ceremony at the New York Summit. Meet the amazing individuals who are impacting the digital world through Leadership, Innovation, Social Impact, Courage, and Organizational Excellence. ​This event is hosted by: ​The Dynamic Coalition on Blockchain Assurance & Standardization , Internet Governance Forum (IGF) , recognized by the United Nations. ​The Government Blockchain Association (GBA) ​United Nations Joint Staff Pension Fund (UNJSPF) Related Sites and Documents:  Website...

The Side Event will consider digital tax and banking «superservices» (integrated platforms for business registration, payments, lending and tax reporting ) as a transformative tool for the transition of SMEs from the informal economy , Tax Revenue growth and economic inclusivity . By leveraging these innovative instruments, countries can mobilize domestic capital and accelerate progress towards Sustainable Development Goals 9 (Industry, Innovation and Infrastructure) and 17 (Partnerships for the Goals). Building on specific successes, the event will convene a high-level panel of policymakers and international experts to deliberate scaling strategies for these digital solutions . The outcome will be a set of actionable recommendations designed to assist developing countries in boosting budget revenues, expanding access to financial services , and achieving greater economic self-reliance and resilience, Watch Digital Tax and Banking Superservices as Tool for Domestic Resource Mobi...

Artificial Intelligence (AI) has disrupted most industries, and the banking and financial services sector is no exception. Today, AI, Analytics and Automation impact all bank processes, from data collection, cybersecurity, wealth management, lending, and regulatory compliance to CRM.  AI helps banks to process large volumes of data, evaluate market sentiments and predict the latest market trends, currencies, and stocks. In this article, we explore the all-invasive effects of AI in banking from application areas, use cases and advantages. Application Areas of AI in Banking Here are some typical applications of AI in banking and financial services:Data Collection and Analysis - AI-powered algorithms can automate data collection from various sources such as social media, news articles, and financial reports. This results in faster and more accurate data collection, eliminating the need for manual data entry, reducing errors, and improving data Lending & Credit Decisioning - An AI-base...

Financial institutions worldwide are adopting AI at a rapid pace. AI is now table stakes, meaning banks and financial institutions […]  Learn More Report : 2025 AI Trends in Fraud and Financial Crime Prevention

One of the most significant benefits of AI in banking and finance is its ability to reduce operational costs and risks. In retail banking, there are many human-centric processes that are time-consuming and prone to errors. Minimizing the risk of human error is crucial as it can have serious consequences in the highly regulated banking sector. By leveraging intelligent automation tools , retail banks can eliminate many of these manual tasks, such as customer data entry from contracts, forms, and other sources. Also, by automating fraud detection and anti-money laundering (AML) , they can make sure to meet regulatory requirements while freeing up resources to focus on core business activities. According to a report by ACFE in 2024, businesses lose $5 trillion to fraud each year.1 That’s 5 percent of organizations’ revenue and the painful disappearance of wealth for everyday consumers. Let this statistic serve as a wake-up call for businesses and banks worldwide: getting proactive a...

  The environmental impact of banking includes both direct, operational effects (like energy and waste from branches) and significant indirect effects through financing, where banks fund fossil fuels and environmentally damaging industries. While banks have direct impacts, their most significant environmental influence comes from their role as financial intermediaries that can direct capital towards or away from environmentally harmful projects, and from the potential for climate-related physical risks to their assets and loan portfolios. If we are serious about keeping 1.5 alive , the banking sector has a central role to play in the urgent action needed to combat climate change . Regulators, investors, and consumers are putting banks under increasing pressure to reduce their carbon emissions and become more transparent in the environmental impact of their financial services. Banks are increasingly becoming subject to stringent regulatory changes. Financial players failing to tak...