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Category Archives: Financial System

Pete Recommends – Weekly highlights on cyber security issues, November 11, 2023

Via LLRX – Pete Recommends – Weekly highlights on cyber security issues, November 11, 2023 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

It’s Still Easy for Anyone to Become You at Experian

Krebs on Security – “In the summer of 2022, KrebsOnSecurity documented the plight of several readers who had their accounts at big-three consumer credit reporting bureau Experian hijacked after identity thieves simply re-registered the accounts using a different email address. Sixteen months later, Experian clearly has not addressed this gaping lack of security. I know… Continue Reading

Supervision and Regulation Report

Federal Reserve Board, November 2023 – Preface – The Federal Reserve promotes the safety and soundness of individual financial institutions and monitors their impact on the financial system. It is responsible for supervising—monitoring, inspecting, and examining—certain financial institutions of varying size and complexity to ensure that they comply with rules and regulations, and that they… Continue Reading

Seeing like a Bank

Bits About Money – Patrick McKenzie Nov 7th, 2023: “The New York Times recently ran a piece on a purported sudden spate of banks closing customer accounts. Little of it is surprising if you have read previous issues of Bits about Money. The reported anecdotal user experiences have a common theme to them. Banks frequently… Continue Reading

The Bletchley Declaration by Countries Attending the AI Safety Summit

Follow up to President Biden’s Executive Order on the Safe, Secure, and Trustworthy Development and Use of Artificial Intelligence, see Policy paper, The Bletchley Declaration by Countries Attending the AI Safety Summit, 1-2 November 2023 Published 1 November 2023. “…We affirm that, whilst safety must be considered across the AI lifecycle, actors developing frontier AI… Continue Reading

New on LLRX October 2023 – 10 articles and 6 columns

Articles and Columns for October 2023 Research Guide: Law of Armed Conflict – Jerry Lawson A Compilation of State Licensed Lawyer Databases – Toby Lyles AI in Banking and Finance – October 31, 2023 – This semi-monthly column by Sabrina I. Pacifici highlights news, government documents and reports, industry white papers and academic papers on… Continue Reading

AI in Banking and Finance, October 31, 2023

Via LLRX – AI in Banking and Finance, October 31, 2023 – This semi-monthly column by Sabrina I. Pacifici highlights news, government reports and documents, 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… Continue Reading

The Creepy New Digital Afterlife Industry

IEEE Spectrum – These companies could use your data to bring you back—without your consent…As humans, we all have to confront our own mortality. The datafication of our lives means that we now must confront the fact that data about us will very likely outlive our physical selves. The discussion about the digital afterlife thus… Continue Reading

The New Big Tech

The Atlantic [read free] – “A slate of four AI companies might soon rule Silicon Valley…Chatbots and their ilk are still in their early stages, but everything in the world of AI is already converging around just four companies. You could refer to them by the acronym GOMA: Google, OpenAI, Microsoft, and Anthropic. Shortly after… Continue Reading

The yearly issue of Air Street Capital’s Nathan Benaich slide deck

State of AI Report – Produced by Nathan Benaich and Air Street Capital team: “Artificial intelligence (AI) is a multidisciplinary field of science and engineering whose goal is to create intelligent machines. We believe that AI will be a force multiplier on technological progress in our increasingly digital, data-driven world. This is because everything around… Continue Reading

Mercer CFA Institute Global Pension Index

“Mercer and CFA Institute have released the 15th annual Mercer CFA Institute Global Pension Index (MCGPI). The Netherlands’ retirement income system has regained the top spot on the list, with Iceland and Denmark taking second and third places respectively.  “The average age of populations around the world continues to rise in many markets, mainly more… Continue Reading