Andreas Fredrich is a seasoned expert in payment technology, generative AI, and identity management. With leadership roles across global projects and industries, he specializes in product strategy, integration, and innovative AI solutions, supporting multinational teams and high-profile clients to optimize digital payment processes and IT infrastructure.

DigitalPayments Consulting specializes in integrating digital payment solutions with generative AI innovations to simplify processes and enhance customer experiences.

Artificial Intelligence and Central Banking

The rapid evolution of Artificial Intelligence (AI), especially generative AI, holds transformative potential for central banking. Central banks are closely monitoring AI's macroeconomic impacts, such as its effects on inflation, economic growth, and labor dynamics, which are critical to monetary policy. Additionally, AI is poised to influence financial stability by enhancing risk assessment but also introduces risks like operational vulnerabilities. Central banks are already leveraging AI in data analysis, economic modeling, and payment systems, while focusing on ethical concerns like transparency and data privacy. This presentation explores AI's benefits and risks, highlighting the importance of responsible adoption and collaboration.