THE Reserve Bank is developing artificial intelligence (AI) specific guidelines to guide regulated financial institutions on the minimum AI implementation requirements.The development comes as AI has had a profound transformative impact, changing how institutions, including those in the banking and finance sector, operate and deliver services to customers.“The guidelines are expected to complement the existing…
RBZ crafts AI rules for banks
The RBZ added that by 2030, Zimbabwe will be under a mono-currency regime, with individuals and businesses still able to hold ZiG and foreign accounts after that.