Category «Financial System»

AI in Finance and Banking May 31, 2026

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. Seven highlights from this post: The Optimal Use of AI in Financial Regulation; Inside Claude’s rapid expansion across corporate finance; What Real-Time Risk Looks Like. AI enables risk assessment at the speed of the business; Vendor Lock-In and AI: The Risk Banks Aren’t Pricing; The geography of AI firms; I’m the CEO of Goldman Sachs. The AI Job Apocalypse Is Overblown; and OpenAI gives Japan banks access to latest model, Japan’s finance minister says.

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

AI in Finance and Banking, May 15, 2026

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. Seven highlights from this post: AI Managed Household Portfolios: A Preliminary Report; Climate Risk and AI: Banking’s Next Regulatory Frontier’; The Microstructure of AI Diffusion: Evidence from Firms, Business Functions, and Worker Tasks; Financial Stability Risks Mount as Artificial Intelligence Fuels Cyberattacks; Anthropic deepens finance push with 10 new AI agents for banks, insurers; Global finance watchdog warns over private credit industry fuelling AI boom; and OpenAI launched a new set of personal finance tools in preview for ChatGPT Pro subscribers in the U.S., letting them connect their accounts and ask questions ranging from spending analysis to future financial planning.

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

AI in Finance and Banking, April 30, 2026

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: Job Cuts Driven By AI Are Rising On Wall Street; The $19.8 Billion Signal: What JPMorgan’s Tech Budget Tells Every Banking CEO; Understanding Firms’ AI Efforts and Their Economic Impact; 51% of U.S. Consumers Expect AI to Replace Financial Advisors; and Bloomberg, the OG of financial data firms, has a potent new AI agent.

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

AI in Finance and Banking, April 15, 2026

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. Six highlights from this post: Goldman Sachs and Morgan Stanley see their stocks soar as the AI boom fuels big bank; Forecasting the Economic Effects of AI; The new, AI-powered Google Finance is expanding to more than 100 countries; Wall Street Banks Cut 5,000 Jobs Even as They Notched Record Profits; Financial institutions are no longer just managing risk and capital: They are building algorithms, deploying machine learning models; and UNC Charlotte unveils M.S. in Financial Engineering and Fintech to meet rising demand for AI-driven finance talent.

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

Pete Recommends – Weekly highlights on cyber security issues, April 11, 2026

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: As the Federal Government Rushes Toward AI, Here Are Three Cautionary Tales; Combating cybercrime and fraud: A unified approach; Signal messages on an iPhone have been harvested despite app security; Anthropic Says Its Latest AI Model Is Too Powerful to Be Released; and Cybersecurity Alert: Criminals Are Now Using Emojis to Avoid Detection.

Subjects: AI, Criminal Law, Cybercrime, Cybersecurity, Economy, Email Security, Financial System, Privacy

AI in Finance and Banking, March 15, 2026

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. Seven highlights from this post: How does AI Distribute the pie? Large Language Models and the Ultimatum Game; AI Meets Fiscal Policy: Mapping Government Spending Actions Across 64 Countries; Anthropic suggests AI might be worse for hedge fund employees than bankers; Chaining Tasks, Redefining Work: A Theory of AI Automation; Where global economies sit in the AI stack; Labor market impacts of AI: A new measure and early evidence; and Federal Reserve Bank of Dallas – AI is simultaneously aiding and replacing workers, wage data suggest.

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

Pete Recommends – Weekly highlights on cyber security issues, February 28, 2026

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: DHS Wants a Single Search Engine to Flag Faces and Fingerprints Across Agencies; LinkedIn ID verification data will likely be shared with third parties; AI controls are coming to Firefox; Meta Employee Shares OpenClaw Email-Deletion Nightmare; and This App Warns You if Someone Is Wearing Smart Glasses Nearby.

Subjects: AI, Civil Liberties, Cryptocurrency, Cybercrime, Cybersecurity, Economy, Email Security, Financial System, Legal Research, Search Engines, Social Media

AI in Finance and Banking, February 15, 2026

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: A.I. and Our Economic Future; The financial stability implications of artificial intelligence and digital finance; Agentic AI In Financial Services: Where To Start And How To Scale?; AI, Opinion Ecosystems, and Finance; and How AI debt financing impacts duration supply and interest rates.

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

Pete Recommends – Weekly highlights on cyber security issues, February 14, 2026

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: Open the wrong “PDF” and attackers gain remote access to your PC; These video doorbells don’t rely on the cloud or subscriptions; Google Warns of Quantum Era Security Risks: Is Your Data Safe?; and Google Handed Over Journalist’s Data to ICE Without Court Order; and CBP to strengthen ‘tactical targeting,’ ‘counter-network analysis’ with Clearview AI.

Subjects: AI, Criminal Law, Cryptocurrency, Cybercrime, Cybersecurity, Financial System, Government Resources, Legal Research, Privacy

Pete Recommends – Weekly highlights on cyber security issues, January 31, 2026

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. Six highlights from this week: Google Is Accused of Burying $700M Settlement Emails — They’re Landing in Spam Folders; How ICE is using facial recognition in Minnesota; US Version of TikTok off to Bumpy Start; Competitors Surge; Google ties AI Search to Gmail and Photos, raising new privacy questions; and Activists Say Ring Cameras Are Being Used by ICE.

Subjects: AI, Computer Security, Cryptocurrencies, Cryptocurrency, Cybercrime, Cybersecurity, Email Security, Financial System, Legal Research, Privacy