Tag: Banking & Finance
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Can LLMs be Good Financial Advisors?: An Initial Study in Personal Decision Making for Optimized Outcomes
Click here to access original source Author: Kausik Lakkaraju, Sai Krishna Revanth Vuruma, Vishal Pallagani, Bharath Muppasani, Biplav Srivastava Publisher: arxiv Year: 2023 Summary: This piece, by professors and doctoral students from the University of…
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Overconfidence Bias: The False Assumption That Someone is Better Than Others
Author: N/A; Publisher: The Corporate Financial Institute; Publication Year: 2023. The following article covers multiple forms of overconfidence that can be found in analysts in the financial industry. There were 4 types that are discussed:…
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Operationalizing Data Ethics in the Financial Services Sector
Author: N/A; Publisher: Allen & Overy; Publication Year: 2019. The following article discusses how like almost all industries, financial services is also being revolutionized by data and artificial intelligence algorithms, but artificial intelligence has its…
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AI Solutions to Change Your Business
Accountability, Autonomous Vehicles, Banking & Finance, Bias, Business, Ethical Framework, Fortune 500, Guide, Healthcare, Robotics, Technology Sector, TransparencyAuthor: N/A; Publisher: Accenture; Publication Year: N/A. The following framework is unique in that it is not published by a third party, a data ethics organization, or an educator. Rather, this is the ethical framework…
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Reducing Bias in AI-Based Financial Services
Accuracy, Artificial Intelligence, Banking & Finance, Bias, Data Governance, Data Governance Programs, Discrimination, Ethical Data Frameworks, Fairness, Gender, Machine Learning, Modeling, Predictions, RaceAuthor: Aaron Klein; Publisher: The Brookings Institution; Publication Year: 2020. The following paper goes in depth regarding why establishing and maintaining proper data governance programs and ethical data frameworks are so important to financial institutions.…
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AI in Banking: Survey Reveals Factors for Success | SAS
Artificial Intelligence, Artificial Intelligence Implementation, Banking & Finance, Data VisualizationsAuthor: N/A; Publisher: SAS Insights; Publication Year: N/A. The following post is about where AI is being implemented in banking, what it is being used for, and who is in charge of keeping an eye…