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Category Archives: Financial System

AI in Banking and Finance, March 17, 2024

Via LLRX – This semi-monthly column by Sabrina I. Pacifici highlights news, government documents, NGO/IGO papers, industry white papers, academic papers and speeches 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: How AI is reshaping banking; The Unreasonable Effectiveness of Algorithms; Applying AI to Rebuild Middle Class Jobs; ChatGPT and Corporate Policies; and How Artificial Intelligence Could Start To Boost Crypto Crime: Chainalysis.

Pete Recommends – Weekly highlights on cyber security issues, March 16, 2024

Via LLRX – Pete Recommends – Weekly highlights on cyber security issues, March 16, 2024 – 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… Continue Reading

Everything You Need to Know About Facebook Marketplace Scams

AARP: “…It’s difficult to gauge the extent of the risk. Meta, Facebook’s parent company, hasn’t disclosed how many complaints it’s received about scammers or how many it’s taken action against, though from July to September 2023 alone, the website removed 827 million fake Facebook accounts, according to a Meta spokesperson. However, the BBB’s Scam Tracker… Continue Reading

Do firms mitigate climate impact on employment? Evidence from US heat shocks

Acharya, Viral V. and Acharya, Viral V. and Bhardwaj, Abhishek and Tomunen, Tuomas, Do firms mitigate climate impact on employment? Evidence from US heat shocks (August 15, 2023). Available at SSRN: https://ssrn.com/abstract=4660007 or http://dx.doi.org/10.2139/ssrn.4660007 “How do firms mitigate the impact of rising temperatures on employment? Using establishment-level data, we show that firms operating in multiple… Continue Reading

Amicus Lobbying: Friends of the Court or Friends of the Industry?

Bunting, William and Stein, Tomer, Amicus Lobbying: Friends of the Court or Friends of the Industry? (January 29, 2024). Available at SSRN: https://ssrn.com/abstract=4708986 or http://dx.doi.org/10.2139/ssrn.4708986  – “This Article reveals that lobbying has a vast and outsized impact on the development of judge-made business law. Lobby groups have taken control of the amicus curiae filing process… Continue Reading

Wyden’s Gets FTC To Protect Data Of 1.6 B People Tracked By Now-Bankrupt Data Broker

TechDirt: “There are two major reasons that the U.S. doesn’t pass an internet-era privacy law or regulate data brokers despite a parade of dangerous scandals. One, lobbied by a vast web of interconnected industries with unlimited budgets, Congress is too corrupt to do its job. Two, the U.S. government is disincentivized to do anything because it exploits… Continue Reading

State of the Union

USA Facts: In Numbers – A nonpartisan, data-driven snapshot of the state of our union​. “Article II of the US Constitution mandates that the president periodically inform Congress about the “state of the union,” including budget reports and legislative proposals. It is also a chance for the president to review their achievements, with not just… Continue Reading

LLRX February 2024 Issue

Articles and Columns for February 2024 Scam Baiting: An Innovative Approach to Combating Online Fraud – Kyra Strick AI in Banking and Finance, February 29, 2024 – Sabrina I. Pacifici Toward a durable, dictator-proof Washington Post – David H. Rothman What Happens to Your Sensitive Data When a Data Broker Goes Bankrupt? – Jon Keegan Publishing… Continue Reading

AI in Banking and Finance February 29, 2024

Via LLRX – AI in Banking and Finance February 29, 2024 – This semi-monthly column by Sabrina I. Pacifici highlights news, government documents, NGO/IGO papers, industry white papers, academic papers and speeches on the subject of AI’s fast paced impact on the banking and finance sectors. The chronological links provided are to the primary sources,… Continue Reading

Pete Recommends – Weekly highlights on cyber security issues, March 2, 2024

Via LLRX – Pete Recommends – Weekly highlights on cyber security issues, March 2, 2024 – 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… Continue Reading

Toward a durable, dictator-proof Washington Post

Via LLRX – Toward a durable, dictator-proof Washington Post – David H. Rothman’s timely, outside the box commentary addresses the growing wave of news outlets abruptly closing down their websites, laying off staff, and in some cases, eliminating access to their respective archives. Rothman proposes an alternative to “how do I charge them enough” to… Continue Reading