Category «AI in Banking and Finance»

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.

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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.

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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.

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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.

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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.

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

Pete Recommends – Weekly highlights on cyber security issues, May 11, 2024

Privacy and cybersecurity issues impact every aspect of our lives – home, work, travel, education, finance, health and medical records – to name but a few. On a weekly basis Pete Weiss highlights articles and information that focus on the increasingly complex and wide ranging ways technology is used to compromise and diminish our privacy and online security, often without our situational awareness. Four highlights from this week: Bank scammers using genuine push notifications to trick their victims; How VISA is using generative AI to battle account fraud attacks; War Zone Surveillance Technology Is Hitting American Streets; and Negating all VPNs may have been possible since 2002.

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Subjects: AI, AI in Banking and Finance, Cybercrime, Cybersecurity, Privacy

AI in Finance and Banking, April 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. Four highlights from this post: Banks told to anticipate risks from using AI, machine learning; Banks don’t talk about the energy AI guzzles. Here’s why they should; Chatbot answers are all made up. This new tool helps you figure out which ones to trust; and AI is becoming a big deal for big banks.

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Subjects: AI in Banking and Finance, Climate Change, Economy, Energy, Financial System, Legal Research

AI in Finance and Banking, April 15, 2024

This semi-monthly column by Sabrina I. Pacifici highlights news, government reports, NGO/IGO papers, industry white papers, academic papers, conferences 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: Economics of Artificial Intelligence: Political Economy Challenges; Artificial Intelligence Ethics for the Estate Planner; AI Could Soon Replace Entry-Level Wall Street Analysts; Economics of Artificial Intelligence: Political Economy Challenges; Artificial Intelligence and Machine Learning in Financial Services; and City of London leaders turn to AI bots to fight financial crime.

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Subjects: AI in Banking and Finance, Cybercrime, Economy, KM

AI in Banking and Finance, March 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. Five highlights from this post: 55% of Business Leaders Concerned About the Safety of Future Bank Deposits: Report; Generative AI Is Coming for Your Bank. Maybe; How AI Could Rebuild America’s Middle Class; Market Power in Artificial Intelligence; Managing Artificial Intelligence-Specific Cybersecurity Risks in the Financial Services Sector; and Impact of AI Adoption on Economic Dynamics through Habit Formation: Decision Making and Asset Pricing.

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Subjects: AI in Banking and Finance, Big Data, Cybercrime, Cybersecurity, Government Resources

AI in Banking and Finance, March 17, 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 [unpaywalled] versions. Five highlights from this post: How AI is reshaping banking; The Unreasonable Effectiveness of Algorithms; Applying AI to Rebuild Middle Class Jobs; ChatGPT and Corporate Policies; and How Artificial Intelligence Could Start To Boost Crypto Crime: Chainalysis.

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