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Tag Archives: artificial intelligence

Basel Committee on Banking Supervision Issues Consultative Document Highlighting Implications of Fintech on Banks

Posted in AI and Machine Learning, Big Data, Cybersecurity, FinTech, Payments, Privacy

On August 31, the Basel Committee on Banking Supervision (the “BCBS”) published a consultative document on the implications of Fintech for the financial sector. The consultative document was produced by BCBS’s task force mandated with identifying trends in Fintech developments and assessing the implication of those developments on the financial sector. Parts I and II… → Read More

Europeans Express Positive Views on AI and Robotics: Report on Preliminary Results from Public Consultations

Posted in AI and Machine Learning, Big Data, European Union, Privacy

On October 6, 2017, the European Parliament released its preliminary findings on its public consultation on robotics and artificial intelligence. The consultations resulted in 298 responses reflecting public perceptions about the risks and benefits of AI technology. According to the EU Committee website, the results of the consultation will inform the Parliament’s position on ethical,… → Read More

European Banking Authority Responds to European Commission Public Consultation on Fintech: Potential Takeaways for Canada

Posted in AI and Machine Learning, Big Data, Cybersecurity, Financial, FinTech

In March 2017, the European Commission issued a public consultation document on Fintech.  The goal of the European Commission (EC) document is to further the objective of a digital single market within Europe.  This will be done by supporting the development of digital infrastructure,  improving access to goods and services, and ensuring rules foster technological… → Read More

Lawyers need to keep up with AI

Posted in AI and Machine Learning, Big Data

For decades, novelists, scientists, mathematicians, futurists and science fiction enthusiasts have imagined what an automated society might look like. Artificial intelligence, or AI, is rapidly evolving, and the society we could only once imagine may be on the brink of becoming our new reality. Simply, and generally, AI refers to the ability of a computer… → Read More

Impacts of Artificial Intelligence Remain Grey Areas, says White House Report

Posted in AI and Machine Learning, Cybersecurity, Privacy

Earlier this month the Executive Office of the President’s National Science and Technology Council (the “NTSC”) released a report entitled Preparing for the Future of Artificial Intelligence. The report surveys the current state of artificial intelligence (“AI”). The NTSC foretells of a future where AI technologies play a growing role in society – opening up… → Read More