In this regard, efforts have been made to enhance detection effectiveness and efficiency by sharing the learned parameters for machine learning, which exclude personal identifiable information, with third-party businesses under certain conditions. In line with the roadmap endorsed by the Group of Twenty (G20) in 2020 to enhance cross-border payments, many international initiatives are underway.
Looking at the HICP excluding energy, the rise in September was 1.6%. The ECB has as its primary objective to maintain price stability. Price stability is defined as a year-on-year increase of below 2% in the Harmonised Index of Consumer Prices for the euro area over the medium term.