Category «AI»

AI in Banking and Finance, April 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: Tariffs, Trump and AI Are Changing Everything. Should My Portfolio Change Too? And what about my career? Or retirement plans? Three experts weigh in on how to adjust to uncertain times; In today’s hyperconnected financial landscape, identity is the new perimeter. And attackers know it; How Much Should We Spend to Reduce A.I.’s Existential Risk?; How Good is AI at Twisting Arms? Experiments in Debt Collection; Artificial Intelligence in Investment Banking Transforming Operations and Client Services; and The Transformative Role of Artificial Intelligence and Big Data in Banking.

Subjects: AI, AI in Banking and Finance, Economy, Financial System, Legal Research

Pete Recommends – Weekly highlights on cyber security issues, April 12, 2025

Privacy and cybersecurity issues impact every aspect of our lives – home, work, travel, education, finance, health and medical records – to name but a few. On a weekly basis Pete Weiss highlights articles and information that focus on the increasingly complex and wide ranging ways technology is used to compromise and diminish our privacy and online security, often without our situational awareness. Five highlights from this week: Biometrics vs. passcodes: What lawyers recommend if you’re worried about warrantless phone searches; DDoS Attacks Now Key Weapons in Geopolitical Conflicts, NETSCOUT Warns; Google Maps doubles down on preventing fake reviews; Large number of US adults view AI as a threat: Report; and Explosive Growth of Non-Human Identities Creating Massive Security Blind Spots.

Subjects: AI, Cybercrime, Cybersecurity, Privacy

Pete Recommends – Weekly highlights on cyber security issues, April 5, 2025

Privacy and cybersecurity issues impact every aspect of our lives – home, work, travel, education, finance, health and medical records – to name but a few. On a weekly basis Pete Weiss highlights articles and information that focus on the increasingly complex and wide ranging ways technology is used to compromise and diminish our privacy and online security, often without our situational awareness. Five highlights from this week: What to Know About Trump’s Order to Phase Out Paper Checks; Apple faces $5 billion class action lawsuit over eBooks purchases; Why Encryption Matters for Your Data Backups (And How to Do It Easily); Texas’ AI-Powered Surveillance Arsenal Has Ballooned. Proposed Laws Provide Few Guardrails; and How to recognize and prevent deepfake scams.

Subjects: AI, Cryptocurrency, Cybercrime, Cybersecurity, Economy, Financial System, Privacy

AI in Finance and Banking – March 31, 2025

Subjects: AI, AI in Banking and Finance, Economy, Financial System

Pete Recommends – Weekly highlights on cyber security issues, March 29, 2025

Privacy and cybersecurity issues impact every aspect of our lives – home, work, travel, education, finance, health and medical records – to name but a few. On a weekly basis Pete Weiss highlights articles and information that focus on the increasingly complex and wide ranging ways technology is used to compromise and diminish our privacy and online security, often without our situational awareness. Five highlights from this week: Google Confirms Gmail Upgrade – 3 Billion Users Must Now Decide; What is Signal, the app where Trump officials texted war plans?; Even More Venmo Accounts Tied to Trump Officials in Signal Group Chat Left Data Public; NIST releases finalized guidelines on protecting AI from attacks; Canada – We partner with world-renowned scambusters to create our own fraud-fighting call centre.

Subjects: AI, Civil Liberties, Cybercrime, Cybersecurity, Encryption, Privacy, Search Engines, Search Strategies, Social Media, Technology Trends

Museums have tons of data, and AI could make it more accessible − but standardizing and organizing it across fields won’t be easy

AI tools can do amazing things, such as make 3D models of digitized versions of the items in museum collections, but only if there’s enough well-organized data about that item available. To see how AI can help museum collections, Bradley Wade Bishop’s team of researchers started by conducting focus groups with the people who managed museum collections. We asked what they are doing to get their collections used by both humans and AI.

Subjects: AI, Education, Information Management, Search Engines

Your law firm needs a Situation Room

Jordan Furlong advises law firms that in this chaotic new world order, organizations cannot sit back waiting for the next bombshell to drop. Firms need to anticipate, analyze, and address critical new developments — before they affect the organization and its clients. Furlong highlights the components of well grounded strategic action plans to reduce risk and respond in a firm wide manner.

Subjects: AI, Communication Skills, Economy, Education, Law Firm Marketing, Leadership, Legal Marketing, Legal Profession

Interview: Jerry Lawson

Attorney, legal tech expert, author, writer and educator Jerry Lawson shares an interview about his background, his career as a civil service lawyer, and his extensive contributions to continuing legal education programs from the nascent World Wide Web to present day innovations in AI technology.

Subjects: AI, Continuing Legal Education, Education, Legal Profession, Legal Research, Legal Technology

Pete Recommends Weekly highlights on cyber security issues, March 22, 2025

Privacy and cybersecurity issues impact every aspect of our lives – home, work, travel, education, finance, health and medical records – to name but a few. On a weekly basis Pete Weiss highlights articles and information that focus on the increasingly complex and wide ranging ways technology is used to compromise and diminish our privacy and online security, often without our situational awareness. Five highlights from this week: Memo details Trump plan to sabotage the Social Security Administration; Everything You Say To Your Fire TV & Echo Will Be Sent to Amazon Soon; The DNA of organised crime is changing – and so is the threat to Europe; Judge Rips DOGE Dig Into Social Security Records; and Big AI platforms can generate Chrome malware with this technique.

Subjects: AI, Cybercrime, Cybersecurity, Privacy, Search Engines

AI in Finance and Banking, March 18, 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: The Finance Sector Is Hitting an Inflection Point With AI; Artificial Intelligence and the Labor Market; China’s central bank vows to promote applications of AI large language models; AI and the Extended Workday: Productivity, Contracting Efficiency, and Distribution of Rents; and The AI supply chain – We find that the LLM agents display mixed performance in these general tasks. They lack the awareness to learn from mistakes and the capacity for self-correction. LLMs’ performance in the most complex cognitive subtasks may not be the limiting factor for their deployment in real-world environments. Instead, it would be important to evaluate the capabilities of AGI-aspiring LLMs through general tests that encompass multiple cognitive tasks, enabling them to solve complete, real-world applications.

Subjects: AI, AI in Banking and Finance, Cryptocurrency, Economy, KM