According to Bangkok Post, Hong Kong has introduced new guidelines for the use of generative artificial intelligence (AI) within the banking sector, with a strong emphasis on preventing bias against consumers. These guidelines are part of a broader ..
05/07/2024
According to an article from McKinsey, the adoption of generative AI (gen AI) in credit risk management is gaining momentum, with 20% of surveyed financial institutions already implementing AI solutions. Gen AI applications span client engagement, credit ..
03/07/2024
According to an article on Delano.lu, banks in Luxembourg are increasingly using AI to enhance their operations, as discussed at the Nexus2050 technology conference. Experts from BGL BNP Paribas, Spuerkeess, and Pictet highlighted the transformative role ..
30/06/2024
According to a report highlighted on Euronews, central banks are being urged to harness the opportunities presented by the AI gold rush to innovate and enhance their operations. The report emphasizes the transformative potential of AI technologies in ..
25/06/2024
According to an article on Personnel Today, Citigroup anticipates significant changes in the banking sector due to artificial intelligence (AI). Approximately 54% of banking jobs have high potential for automation, while another 12% could be augmented ..
06/06/2024
Based on an article from Italia Oggi, Italian banks and judicial institutions are facing increased scrutiny over their use of artificial intelligence (AI). The article discusses recent developments in regulatory oversight aimed at ensuring that AI ..
05/06/2024
Based on an article from the Banking Journal, the American Bankers Association (ABA) has proposed additional refinements to the existing generative AI framework. The ABA's suggestions aim to ensure that the development and use of generative AI in the ..
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