AI in Finance and Banking, May 15, 2025
This semi-monthly column by Sabrina I. Pacifici highlights news, government documents, NGO/IGO papers, conferences, industry white papers and reports, academic papers and speeches, and central bank actions 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. Five highlights from this post: Artificial intelligence and human capital: challenges for central banks; Artificial Intelligence and the Labor Market: A Scenario-Based Approach; How Good is AI at Twisting Arms? Experiments in Debt Collection; The rapidly increasing power of generative artificial intelligence (gen AI) models is more than a passing fad, even if the full extent of its impact in financial services is yet unclear; and Generative AI may shoulder up to 40% of workload, some bank execs predict
