artificial intelligence

ESG fund managers who bet big on tech are worried about blowback from ‘AI systems going rogue’—and talking about a ‘kill switch’

Exposure to AI now represents a “short-term risk to investors,” said Marcel Stotzel, a London-based portfolio manager at Fidelity International. Stotzel said he’s “worried we’ll get an AI blowback,” which he…

AI and the reboot of Scottish finance

The prospects for artificial intelligence are a big challenge and opportunity, most obviously in the workplace. Scottish finance is setting out to grasp its potential and grow rapidly. The new…

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Exclusive Interview with Joel Lange, Executive Vice President, Dow Jones Risk & Research: Striking a balance between innovation and risk management is important in fully realising the potential of generative AI

TDB: Financial crime remains an ongoing concern of risk managers across many jurisdictions. What are some key trends in financial crime that you are seeing, which merits closer attention and…

Banks face AI ‘arms race’ in battle against cyber threats: Barr

The rapid growth of generative artificial intelligence has created a looming cybersecurity risk for the banking sector, the Federal Reserve’s vice chair for supervision, Michael Barr, warned Thursday. As use…

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As AI flourishes, GoTyme Bank vows human touch in client transactions

MANILA, Philippines — As artificial intelligence (AI) continues to flourish, the digital bank of the Gokongwei Group and Tyme assured that humans would continue to handle client interactions as it…

Dow Jones Risk & Compliance Launches RiskCenter Advanced Screening and Monitoring

SINGAPORE [September 19, 2023] – Dow Jones Risk & Compliance has today announced a new advanced, AI-powered solution for financial crime and third-party risk management. RiskCenter Advanced Screening and Monitoring…

Exclusive Interview with Arif Amiri, Chief Executive Officer, DIFC Authority: We are also ready and set to build the largest cluster of Artificial Intelligence and tech companies in the MENA region

TDB: With the issuance of specialised licensing solutions for tech firms by the DIFC now, how is Dubai AI and Web 3.0 Campus seeking to foster innovation and next-gen technology…

SoftBank Seeks AI Deals After Successful Arm Listing

SoftBank reportedly wants to invest in artificial intelligence (AI) after successfully taking tech company Arm public. Masayoshi Son, founder and CEO of the Japanese conglomerate, is interested in investing tens of billions of…

EY reports record global revenue results of just under US$50b

Increase of 14.2% growth in revenues, marking one of the most successful years in the history of the organization $3.6b investment in audit quality, innovation, technology, and people, with a…

Will AI Deliver Efficiencies Previously Unrealized In Finance?

Many finance teams are transformation-weary. Employees have long been promised that technology will make delivering their work product easier, but that newfound efficiency rarely comes to fruition. Every finance transformation has…

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