Category «Financial System»

Greater Commitment Needed by Fintech Firms to Ensure Automated Algorithms Protect Against Discrimination in Loan Applications

“Congressman Emanuel Cleaver, II announced today the findings of his investigation into the small business lending practices of Financial Technology (FinTech) companies. Last year, Congressman Cleaver launched an investigation to study the methods that FinTech companies use to protect consumers against discriminatory practices. One of the primary focuses of the survey was the use of …

Subjects: AI, Congress, Economy, Financial System, Government Documents

Paper – The Effects of Sexism on American Women: The Role of Norms vs. Discrimination

The Effects of Sexism on American Women: The Role of Norms vs. Discrimination. Kerwin Kofi Charles, Jonathan Guryan, and Jessica Pan. August 2018. “We study how reported sexism in the population affects American women. Fixed-effects and TSLS estimates show that higher prevailing sexism where she was born (background sexism) and where she currently lives (residential sexism) …

Subjects: Civil Liberties, Economy, Financial System, Legal Research

Paper and interview – Short-Run Pain, Long-Run Gain? Recessions and Technological Transformation

Knowledge@Wharton – interview transcript and podcast: “During the financial crisis of 2008, employment fell dramatically, as was expected. But in the economic recovery that followed, only certain jobs bounced back. A research paper by Wharton finance professor Nikolai Roussanov looks at this phenomenon and correlates it with technological adoption by companies during a down economy.  …

Subjects: Economy, Financial System

Utilizing a Bloomberg-Curated Twitter Feed

“Social media has fundamentally changed the way new information is disseminated in everyday life. Compared with conventional channels such as TV, newspapers or magazines, social media outlets truly leveled the playing field by giving all content owners equal access to a publishing service that is essentially free, instant and global. In this paper, we explain …

Subjects: Economy, Financial System, Knowledge Management, Legal Research, Social Media

PEG White paper: Towards a Standardized Framework for Media Blockchain

Via David Gerard – author of Attack of the 50 Foot Blockchain: Bitcoin, Blockchain, Ethereum & Smart Contracts – See JPEG White paper: Towards a Standardized Framework for Media Blockchain. “On the JPEG initiative for standardization of media blockchain, exploring relevant standardization activities, industrial needs and use cases.” ISO/IEC JT1/SC29/WG1 WG1 N80019 Editors: Frederik Temmermans, …

Subjects: Economy, Financial System, Knowledge Management, Legal Research

Actions Needed to Improve National Nuclear Security Administration Contract Document Management

Management Report: Actions Needed to Improve National Nuclear Security Administration Contract Document Management. GAO-18-246R: Published: Aug 1, 2018. Publicly Released: Aug 1, 2018. “The National Nuclear Security Administration spent over $11 billion in 2016 on management and operating contracts at the federal sites that maintain the U.S. nuclear weapons arsenal, among other things. We found …

Subjects: Defense, E-Records, Financial System, Government Documents

Foreign Economic Espionage in Cyberspace 2018

Foreign Economic Espionage in Cyberspace 2018 – Economic cyber espionage will only get worse, ODNI report says “In the 2011 report to Congress on Foreign Spies Stealing U.S. Economic Secrets in Cyberspace, the Office of the National Counterintelligence Executive provided a baseline assessment of the many dangers facing the U.S. research, development, and manufacturing sectors …

Subjects: Cybercrime, Cybersecurity, Defense, Economy, Financial System, Government Documents