Hungary's central bank says AI increases European banks' technological dependence
According to an assessment by the Magyar Nemzeti Bank (the central bank of Hungary), Europe's lag in AI is increasing EU banks' technological dependence. The risk for Hungary may arise at shared suppliers.
Who is affected and how
- banking professional
- Banks should map which AI providers and shared suppliers, if they failed, would affect the operations of a Hungarian bank.
Sources
- According to the MNB, AI increases European banks' technological dependencequasa.io · Oct 1, 2026 · magyar
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