Category «AI in Banking and Finance»

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

AI in Banking and Finance, August 15, 2015

This semi-monthly column by Sabrina I. Pacifici highlights news, government documents, 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: How Conversational and Generative AI is shaking up the banking industry; IMF AI Preparedness Index; Deep Learning for Economists; Crisis Amplifier? How to Prevent AI from Worsening the Next Economic Downturn; Generative artificial intelligence and cyber security in central banking; and Financial agencies’ AI tests could get reprieve from enforcement.

Subjects: AI in Banking and Finance, Business Research, Computer Security, Congress, Cybercrime, Cybersecurity, Financial System, Government Resources, Legal Research, Legislative

AI in Finance and Banking, July 31, 2024

This semi-monthly column by Sabrina I. Pacifici highlights news, government documents, 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: Hearing Entitled: AI Innovation Explored: Insights into AI Applications in Financial Services and Housing; How Banks Can Combat Fraud, Cybercrime With Advanced Technology, AI; AI in banking risk management: exploring latest trends and use cases; JPMorgan Chase has begun rolling out a generative artificial intelligence product; How Banks Can Combat Fraud, Cybercrime With Advanced Technology, AI; and Gen AI takes over finance: The leading applications and their challenges.

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

AI In Finance and Banking – July 15, 2024

This semi-monthly column by Sabrina I. Pacifici highlights news, government documents, papers by economists, NGO/IGOs, speeches, and industry white papers 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: We need bold minds to challenge AI, not lazy prompt writers, bank CIO says; Managing AI in banking: are we ready to cooperate?; The gen AI gender gap; Will User-Contributed AI Training Data Eat Its Own Tail?; Demand for Artificial Intelligence in Settlement Negotiations; and Artificial intelligence – a central bank’s view.

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

AI in Finance and Banking June 30, 2024

This semi-monthly column by Sabrina I. Pacifici highlights news, government documents, 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: AI in finance is like ‘moving from typewriters to word processors’; IMF – AI Preparedness Index Dashboard; Broadening the Gains from Generative AI: The Role of Fiscal Policies; Monkeys, Models, And Markets: AI Vs. Behavioral Finance; and Banking on the Future – The Next Era of Fintech.

Subjects: AI in Banking and Finance, Cybersecurity, Economy, Education, Government Resources

AI in Banking and Finance, June 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. Five highlights from this post: Financial regulators have ‘insufficiently’ addressed hedge funds’ use of AI, report says; 2024 Conference on Artificial Intelligence & Financial Stability; Two AI Truths and a Lie; The Simple Macroeconomics of AI; and The rise of AI at JPMorgan Chase.

Subjects: AI in Banking and Finance, Cybercrime, Cybersecurity, Economy, Education

AI in Finance and Banking – May 31, 2024

This semi-monthly column by Sabrina I. Pacifici highlights news, government documents, 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. Seven highlights from this post: Banks could lose $40 billion from fraud with the help of AI, Deloitte predicts; Mastercard’s AI system is helping banks keep fraudsters in check — and it could save millions of dollars; Measuring Development 2024: AI, the Next Generation; Gita Gopinath: Crisis Amplifier? How to Prevent AI from Worsening the Next Economic Downturn; JPMorgan is making a big bet on AI. Here’s how its private bankers are using it; Will banking’s increasing turn toward AI level the playing field or widen the gap between big and small banks?; and Artificial intelligence (AI) act: EU Council gives final green light to the first worldwide rules on AI.

Subjects: AI in Banking and Finance, Cybercrime, Cybersecurity, Economy, Financial System, Government Resources, Legal Research

AI in Finance and Banking, May 15, 2024

This semi-monthly column by Sabrina I. Pacifici highlights news, government documents, 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. Four highlights from this post: Artificial Intelligence and the Skill Premium; Rising Cyber Threats Pose Serious Concerns for Financial Stability; The Future Of Banking: Morgan Stanley And The Rise Of AI-Driven Financial Advice; and The Pitfalls of Mixing Up AI and Automation in Finance.

Subjects: AI, AI in Banking and Finance, Congress, Cybersecurity, Economy, Financial System