Artificial Intelligence - Long Reads, News, Articles & Research: Finextra

Why Biden’s Executive Order on AI signals increased scrutiny on AI policy, business and regulation

Scott Hamilton Contributing Editor at Finextra Research

Why Biden’s Executive Order on AI signals increased scrutiny on AI policy, business and regulation

US President Joe Biden’s Executive Order on Artificial Intelligence (AI), introduced on the 30th of October, recommends wide parameters be applied to the management of this fast-emerging technology. Though the order itself has no real ‘teeth,’ or legal enforcement power, it highlights several areas where the chief executive and his cabinet believe...

01 November 2023 /regulation /ai

Deepfake fraud: the rising threat in financial crime

Níamh Curran Senior Reporter at Finextra

Deepfake fraud: the rising threat in financial crime

As it’s Halloween, spooky season is the perfect time to highlight one of the scariest, and arguably creepiest growing developments in financial crime, the deepfake. Deepfakes have dominated national headlines for a while now, often for especially unsavoury reasons, and for their political usage. They have now become a tangible issue within the fi...

31 October 2023 /crime /ai

Is 'ethical AI' deeply complex or just a contradiction in terms?

Scott Hamilton Contributing Editor at Finextra Research

Is 'ethical AI' deeply complex or just a contradiction in terms?

What if everyone could cover one point of view, switch to an opposing take on the situation, explain both, and conclude by explaining their personal opinions on the topic? And do it all in 45 minutes? Almost sounds like a job for a super-human, right? Or for artificial intelligence perhaps? Several dozen of Sibos 2023 conference’s estimated 8,000-p...

21 September 2023 /Sibos /ai

International Women's Day: ChatGPT and how gender bias in AI can impact innovation

Níamh Curran Senior Reporter at Finextra

International Women's Day: ChatGPT and how gender bias in AI can impact innovation

The 2023 International Women’s Day campaign theme is to Embrace Equity and asks our world to discuss why equal opportunities aren’t enough. “Equity isn’t just a nice-to-have, it’s a must-have. A focus on gender equity needs to be part of every society’s DNA. And it’s critical to understand the difference between equity and equality,” according to ...

07 March 2023 /people /ai

Women in finance: How AI is shining a light on diversity

Madhvi Mavadiya Head of Content at Finextra

Women in finance: How AI is shining a light on diversity

Despite equality being one of the cornerstones of civilised society, a lack of gender parity and diversity within the financial services industry continues to be a problem, with many banks maintaining disparate corporate policies and different ways of ensuring work environments operate efficiently for all genders employed in the sector. UNICEF dat...

09 March 2020 /ai

Madhvi Mavadiya Head of Content at Finextra

The tipping point of AI FOMO

While artificial intelligence is transforming several industries, the financial sector has a lot to learn from specific case studies in non-banking areas such as health, travel and retail. To start at the beginning, despite the term AI having been bandied about with a number of different definitions, the actual definition is simple: technology tha...

17 February 2020 /ai

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