The Central Bank of Azerbaijan is expanding the use of artificial intelligence technologies in its operations, Deputy Chairman of the Central Bank of Azerbaijan Vusal Khalilov said during his speech at the 10th International Finance and Banking Summit held in Baku, APA-Economics reports.
According to him, AI-based products are being developed within the institution with due consideration to security requirements, and significant results have been achieved in this area:
"The Central Bank is also extensively expanding the use of artificial intelligence within the institution. In particular, taking into account all security considerations, we have achieved considerable success in product development, both in terms of quality and speed," he noted.
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