Via LLRX – 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.
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Category Archives: Blockchain
AI in Finance and Banking – August 30, 2023
Via LLRX – 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,… Continue Reading
GAO – Blockchain in Finance
GAO Report via YouTube: “Blockchain creates and records tamper-resistant transactions by multiple parties without a central authority, such as a bank, when used for financial transactions. Recent price crashes, bankruptcies, and fraud involving crypto assets, such as bitcoin and other cryptocurrencies, raised concerns about regulation and the risks consumers face. Regulatory gaps may limit regulators’… Continue Reading
Decentralized Autonomous Organizations (DAO) 2023
Via LLRX – Decentralized Autonomous Organizations (DAO) 2023 – As stated by Ethereum, “a DAO is a collectively-owned, blockchain-governed organization working towards a shared mission.” Marcus P. Zillman features resources on how DAOs can impact business operations, identifies challenges to participation, and delivers a diverse bibliography of NFT resources that includes governance, regulation, blockchain and… Continue Reading
Google Search starts rolling out ChatGPT-style generative AI results If you opt-in to generative AI
Google Blog, May 25, 2023 – “3 new ways generative AI can help you search. We’re starting to open up access to new generative AI capabilities in Search. Here are three ways to try it out. Today, we’re starting to open up access to Search Labs, a new program to access early experiments from Google.… Continue Reading
2023 State of Crypto Report: Introducing the State of Crypto Index
a16zcrypto: “Emerging technologies evolve in cycles; in crypto, this includes periods of high activity, followed by so-called crypto winters. In the period marked by our now-annual State of Crypto report, it would be easy for a casual observer to overlook the rapid progress the crypto industry is making. Major infrastructure improvements like The Merge –… Continue Reading
Blockchain – Innovation or Illusion?
Via Slashdot, EditorDavid: “Adam R. Smith, a software engineer with 40+ years of experience reportedly became frustrated with his friends and associates’ claims about the potential of crypto technology and their subsequent losses of money in various schemes, and set out to write a series of articles explaining what blockchain is and whether it lives… Continue Reading
What’s next for crypto in 2023
MIT Technology Review: “Last month’s sudden implosion of the popular cryptocurrency exchange FTX has intensified a political war for the soul of crypto that was already raging. In the coming year, we are likely to see that fight come to a head in US courtrooms and in Congress. The future of finance hangs in the… Continue Reading
The Stable in Stable Coins
Federal Reserve Borad, December 16, 2022 – The stable in stablecoins – Garth Baughman, Francesca Carapella, Jacob Gerszten, and David Mills: “Stablecoins have garnered much attention as a key part of the emerging decentralized finance (or “DeFi”) ecosystem, and as a potential way to pay for goods and services. Stablecoins facilitate trades on crypto exchanges,… Continue Reading
CRS Video Seminars on Disruptive Technologies
CRS Seminars on Disruptive Technologies: Videos – Updated December 8, 2022: CRS Seminars on Disruptive Technologies: Videos – “New technologies, and those that represent an evolutionary improvement of an existing tool or process, that exhibit the potential to have large-scale effects on social and economic activity are often referred to as “disruptive” technologies. They can… Continue Reading
CFPB Publishes New Bulletin Analyzing Rise in Crypto-Asset Complaints
“Today, the Consumer Financial Protection Bureau (CFPB) released a new complaint bulletin that highlights complaints the CFPB received related to crypto-assets. Consumers most commonly reported being victimized by frauds, theft, account hacks, and scams. Consumers also had issues with executing transactions and transferring assets between exchanges. Many consumers had issues with accessing funds in their… Continue Reading
Climate Action Data Trust
“The International Emissions Trading Association (IETA) today revealed information on the forthcoming launch of Climate Action Data Trust (CAD Trust), a decentralised metadata system that can link, aggregate and harmonise all major carbon market registry data.Climate Action Data Trust (CAD Trust) is a joint initiative of the International Emissions Trading Association, The World Bank and… Continue Reading
