Category «AI in Banking and Finance»

AI in Finance and Banking, January 15, 2025

This semi-monthly column by Sabrina I. Pacifici highlights news, government documents, NGO/IGO papers, conferences, industry white papers and reports, academic papers and speeches, and central bank actions on the subject of AI’s fast paced impact on the banking and finance sectors. The chronological links provided are to the primary sources, and as available, indicate links to alternate free versions. Six highlights from this post: Wall Street Faces 200,000 Job Cuts as AI Transforms the Workforce; Can We Statically Locate Knowledge in Large Language Models? Financial Domain and Toxicity Reduction Case Studies; AI Financial Advisers Target Young People Living Paycheck to Paycheck; How AI is changing banking jobs: Rise of the ‘AI whisperer’; Your AI credit models are fine, but their training data is problematic; and Great Southern loan officers use gen AI to ‘chat’ with data.

Subjects: AI in Banking and Finance, Economy, Education

AI in Finance and Banking, December 31, 2024

This semi-monthly column by Sabrina I. Pacifici highlights news, government documents, NGO/IGO papers, conferences, industry white papers and reports, academic papers and speeches, and central bank actions on the subject of AI’s fast paced impact on the banking and finance sectors. The chronological links provided are to the primary sources, and as available, indicate links to alternate free versions. Five highlights from this post: Report on the Uses, Opportunities and Risks of Artificial Intelligence in the Financial Services Sector; How AI could change the work of bank CEOs; US Treasury Releases Reports on AI in Financial Services; IMF – Artificial Intelligence, Dollar, Growth, and Debt Drove 2024 Blog Readership; and OECD – Artificial Intelligence and tourism.

Subjects: AI in Banking and Finance, Big Data, Cybercrime, Cybersecurity, Privacy, Technology Trends

AI in Finance and Banking – December 16, 2024

This semi-monthly column by Sabrina I. Pacifici highlights news, government documents, NGO/IGO papers, conferences, industry white papers and reports, academic papers and speeches, and central bank actions on the subject of AI’s fast paced impact on the banking and finance sectors. The chronological links provided are to the primary sources, and as available, indicate links to alternate free versions. Five highlights from this post: Generative artificial intelligence and cyber security in central banking; Research: How Gen AI Is Already Impacting the Labor Market; Wall Street’s AI-powered rally risks ‘correction’, Vanguard warns; Regulating AI in the financial sector: recent developments and main challenges; Large language models: a primer for economists; and AI and the Labor Market: Will Firms Hire, Fire, or Retrain?

Subjects: AI in Banking and Finance, Cybersecurity, Economy, Education, Legal Research

AI in Finance and Banking, November 30, 2024

This semi-monthly column by Sabrina I. Pacifici highlights news, government documents, NGO/IGO papers, conferences, industry white papers and reports, academic papers and speeches, and central bank actions on the subject of AI’s fast paced impact on the banking and finance sectors. The chronological links provided are to the primary sources, and as available, indicate links to alternate free versions. Five highlights from this post: AI and Finance; Generative AI for Economic Research: LLMs Learn to Collaborate and Reason; Fed’s Bowman: Regulators ‘must have an openness’ to AI; Redefining Finance: The Influence of Artificial Intelligence (AI) and Machine Learning (ML); and JPMorgan Chase and Capital One are winning at AI banking — and their lead is getting bigger.

Subjects: AI in Banking and Finance

AI in Finance and Banking, November 17, 2024

This semi-monthly column by Sabrina I. Pacifici highlights news, government reports, NGO/IGO papers and conferences, industry white papers, academic papers and speeches on the subject of AI’s fast paced impact on the banking and finance sectors. The chronological links provided are to the primary sources, and as available, indicate links to alternate free versions. Five highlights from this post: The Financial Stability Implications of Artificial Intelligence; The transformative power of AI: economic implications and challenges; ECB Call for papers; Artificial Intelligence, Big Data, and the Path Ahead for Productivity; FSB Roundtable on Artificial Intelligence (AI) in Finance: Summary of key findings; and Concentrating Intelligence: Scaling and Market Structure in Artificial Intelligence.

Subjects: AI in Banking and Finance, Big Data, Financial System, Legal Research

AI in Finance and Banking, October 31, 2024

Subjects: AI in Banking and Finance, Cyberlaw, Financial System, Legal Research

AI in Finance and Banking, October 15, 2024

This semi-monthly column by Sabrina I. Pacifici highlights news, government reports, NGO/IGO papers, industry white papers, academic papers and speeches on the subject of AI’s fast paced impact on the banking and finance sectors. The chronological links provided are to the primary sources, and as available, indicate links to alternate free versions. Six highlights from this post: FSB Roundtable on Artificial Intelligence (AI) in Finance; Mastercard Blockchain Patent Could Make Financial Audits Easier; Artificial Intelligence (AI) and Management Accountants (MA) – Future of AIMA Model; Financial Machine Learning; The Office of the Comptroller of the Currency (OCC) is soliciting academic research papers on the use of artificial intelligence in banking and finance; and upcoming seminar – How technology is reshaping the future of money and finance.

Subjects: AI in Banking and Finance, Blockchain, Economy, Financial System, Legal Education, Legal Research

AI in Banking and Finance, September 30, 2024

This semi-monthly column by Sabrina I. Pacifici highlights news, government reports, NGO/IGO papers, industry white papers, academic papers and speeches on the subject of AI’s fast paced impact on the banking and finance sectors. The chronological links provided are to the primary sources, and as available, indicate links to alternate free versions. Six highlights from this post: Economic Policy Challenges for the Age of AI; How to Build Trust in Answers Given by Generative Ai for Specific and Vague Financial Questions; AI-Enabled Value Creation in International Business: Crossing the Boundary of Bounded Rationality; The rise of generative AI: modelling exposure, substitution and inequality effects on the US labour market; Intelligent financial system: how AI is transforming finance; and Is AI the Cornerstone for Financial Inclusion?

Subjects: AI in Banking and Finance, Cryptocurrency, Economy, Financial System

AI in Finance and Banking, September 16, 2024

This semi-monthly column by Sabrina I. Pacifici highlights news, government reports, NGO/IGO papers, industry white papers, academic papers and speeches on the subject of AI’s fast paced impact on the banking and finance sectors. The chronological links provided are to the primary sources, and as available, indicate links to alternate free versions. Six highlights from this post: The Imperative to Realizing AI’s Potential in Banking: Finding the Right Fit; The Impact of Cloud Computing and AI on Industry Dynamics and Concentration; Empowering Global Banking Through AI-Driven Risk Management: A Practical Framework for Optimization and Methodological Integration; AI-Driven Failed Trials in Investment Strategies: A Network Data Analysis Approach; Harvard Business School (HBS) has published a case study on DBS’ strategy towards Artificial Intelligence (AI), highlighting the bank’s use of AI; and Banks bet on a tech surge. It’s paying off big time as AI, software bring ‘sea change’ in productivity.

Subjects: AI, AI in Banking and Finance, Cryptocurrency, Economy, Financial System, Legal Research

AI in Finance and Banking, August 30, 2024

This semi-monthly column by Sabrina I. Pacifici highlights news, government reports, NGO/IGO papers, industry white papers, academic papers and speeches on the subject of AI’s fast paced impact on the banking and finance sectors. The chronological links provided are to the primary sources, and as available, indicate links to alternate free versions. Six highlights from this post: Blockchain for Ethical and Transparent Generative AI Utilization by Banking and Finance Lawyers; Government as Venture Capitalists in AI; How will Generative AI impact Communication?; Artificial Intelligence the Key to Greater Financial Inclusion; The Transformative Impact of AI in Finance and Banking; From Man vs. Machine to Man + Machine: The art and AI of stock analyses.

Subjects: AI in Banking and Finance, Blockchain, Cryptocurrency, Cybersecurity, Legal Research