Category «AI in Banking and Finance»

AI in Banking and Finance, October 15, 2023

This semi-monthly column by Sabrina I. Pacifici highlights news, government reports, 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. Each entry includes the publication name, date published, article title and abstract. Five highlights from this week: Bias, fairness, and other ethical dimensions in artificial intelligence; US Warns EU’s Landmark AI Policy Will Only Benefit Big Tech; Federal Reserve Vice Chair for Supervision Michael Barr said generative artificial intelligence could lead to a cybersecurity “arms race” for bank; Exporting the Surveillance State via Trade in AI; and Does Human-Algorithm Feedback Loop Lead to Error Propagation? Evidence from Zillow’s Zestimate.

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

AI in Banking and Finance, September 30, 2023

This semi-monthly column by Sabrina I. Pacifici highlights news, government reports, 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. Each entry includes the publication name, date published, article title and abstract. Four highlights from this week: European Central Bank Is Experimenting With a New Tool: A.I.; UM expert testifies on the dangers of AI in banking; 80% of Large Enterprise Finance Teams Will Use Internal AI Platforms by 2026.; and Five Use Cases for CFOs with Generative AI. Q&A with Alex Bant.

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

AI in Banking and Finance, September 15, 2023

This semi-monthly column by Sabrina I. Pacifici highlights news, government reports and industry white papers as well as academic 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. Each entry includes the publication name, date published, article title and abstract. Four highlights from this week: Generative Artificial Intelligence in Finance: Risk Considerations; Banks hear the eerie echoes of AI-generated voices; I.R.S. Deploys Artificial Intelligence to Catch Tax Evasion; and Blockchain, AI Set to Transform Financial Markets: Moody’s.

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

AI in Finance and Banking – August 30, 2023

This semi-monthly column by Sabrina I. Pacifici highlights news, government reports and industry white papers as well as academic 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. Each entry includes the publication name, date published, article title and abstract. Four highlights from this week: Are Large Language Models Finance’s Second Shot At AI?; Convergence of AI and blockchain: Unlocking new possibilities; Generative AI in Operational Risk Management: and Generative AI in Operational Risk Management: Harnessing the Future of Finance.

Subjects: AI, AI in Banking and Finance, Blockchain, Economy, Financial System, Government Resources

AI in Banking and Finance, August 15, 2023

This semi-monthly column by Sabrina I. Pacifici highlights news, government and regulatory documents and industry white papers as well as academic 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. Five highlights from this week: AI in the financial industry: Machine learning in banking; Machine Learning Boosts Profits – Banking Giant’s Deep Dive; Banks embracing the AI future need to pay attention to its risks; and the S.E.C.’s Chief Is Worried About A.I.

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

AI in Banking and Finance, July 30, 2023

This semi-monthly column by Sabrina I. Pacifici highlights news, government reports and industry white papers as well as academic 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. Each entry includes the publication name, date published, article title and abstract. Four highlights from this week: What The Generative AI Boom Means For Your Job, The Economy And The S&P 500; BloombergGPT: A Large Language Model for Finance; Generative AI and the future of work in America; and Will AI Cause ‘Explosive’ Economic Growth?

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

AI in Banking and Finance – July 15, 2023

This semi-monthly column by Sabrina I. Pacifici highlights news, government reports and industry white papers as well as academic 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. Each entry includes the publication name, date published, article title and abstract. Four highlights from this week: OECD: 60% of finance and manufacturing workers fear AI replacement; Wharton professor says ‘things that took me weeks to master in my PhD’ take ‘seconds’ with new ChatGPT tool; AI, trust, and data security are key issues for finance firms and their customers; and Finance Professionals May Find A Research Assistant In AI.

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

AI and the Financial System – June 28, 2023

This new bi-monthly column by Sabrina I. Pacifici highlights news, reports, government and industry documents, and academic papers on the subject of AI’s fast paced impact on many facets of the global financial system. The chronological links provided are to the primary sources, and as available, indicate links to alternate free versions. Each entry includes the publication name, date published, article title, abstract and tags. Pacifici is also compiling a list of actionable subject matter resources at the end of each column that will be updated regularly.

Subjects: AI, AI in Banking and Finance, Cybercrime, Cybersecurity, Economy, Ethics, Financial System, Legal Research, Technology Trends