Dataconomy

FEBRUARY 27, 2024

Following disclosures last week, Nvidia’s investment in SoundHound AI became public, revealing a stake worth approximately $3.7 This disclosure significantly boosted SoundHound AI’s stock, reflecting the market’s optimism about the company’s future prospects in light of these strategic partnerships.

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Dataconomy

MARCH 6, 2024

Situated in Irvine, CA, Houser LLP offers specialized legal counsel to various commercial entities and financial organizations. Houser LLP, with its expansive network of approximately twelve offices across the country, aims to provide comprehensive legal services within all principal financial hubs.

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Dataversity

AUGUST 2, 2023

A recent study conducted by Deloitte that examined financial disclosures from over 4,000 global organizations, spanning a decade, revealed that “the right combination of digital transformation actions can unlock as much as $1.25

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Dataconomy

JANUARY 2, 2024

The data breach meaning elucidates the gravity of compromised personal and financial information ( Image credit ) Misconfigured systems : Misconfigurations in security settings or cloud storage can inadvertently expose sensitive data to the public or unauthorized users.

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Data Science 202

Dataconomy

NOVEMBER 29, 2023

Lack of disclosure and compliance The plaintiffs argue that Ronaldo failed to disclose crucial information to his followers, which could have influenced their investment decisions. It underscores public figures’ responsibility and potential liabilities when endorsing financial products like cryptocurrencies.

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Dataconomy

FEBRUARY 21, 2024

Consumer sentiment has the power to transform financial landscapes. Full disclosure: the author participated in online surveys in early 2010.) He initially began his career as a software engineer at Citigroup Global Markets Japan, where he focused on developing financial and treasury systems for the firm.

Artificial Intelligence 213

Artificial Intelligence Artificial Intelligence Computer Science Computer Science 213

O'Reilly Media

APRIL 30, 2024

The problems fostered by social media, search, and recommendation algorithms was never an engineering issue, but one of financial incentives (of profit growth) not aligning with algorithms’ safe, effective, and equitable deployment. Disclosure is another powerful market-shaping tool. The current market leaders in AI are doing the same.

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Dataconomy

NOVEMBER 21, 2023

In a recent development, MeridianLink, known for its digital solutions catering to financial institutions like banks, credit unions, and mortgage lenders, found itself spotlighted on the threat actor’s data leak site. However, there’s a critical timeline to consider.

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Smart Data Collective

AUGUST 18, 2021

They are also using more advanced data analytics tools to make more meaningful insights into the nature of their clients’ financial matters. These can undoubtedly wreck your regulatory compliance, decision-making abilities, and financial performance when managing your leases. Cloud technology has also helped accountants.

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Big Data Big Data Machine Learning Machine Learning 122

IBM Journey to AI blog

MARCH 27, 2024

The rising interest in the calculation and disclosure of Scope 3 GHG emissions has thrown the spotlight on emissions calculation methods. Converting this financial data into GHG emissions inventory requires information on the GHG emissions impact of the product or service purchased. Why are Scope 3 emissions difficult to calculate?

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Natural Language Processing Data Preparation Deep Learning Deep Learning 82

Dataconomy

SEPTEMBER 6, 2023

It provides a framework for organizations to manage and protect their sensitive information, including financial data, customer details, and intellectual property. The resulting report details the service provider’s controls and procedures, providing assurance to customers that their data is well-protected. What is HIPAA?

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Azure AWS 185

IBM Journey to AI blog

MARCH 27, 2024

Climate change exposes organizations across a range of sectors to operational and financial risks. In some business sectors, such as financial services, fast-moving consumer goods and healthcare, business interruptions can have a significant detrimental impact on daily life. Why should businesses act now on climate change?

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IBM Journey to AI blog

JUNE 23, 2023

Your forward-looking, strategic CFO is driving AI efforts to enable proactive business insights across the enterprise, while streamlining business processes and optimizing financial performance. Comprehend and report : Generative AI can comprehend and report financial data to provide valuable insights and support decision-making process.

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IBM Journey to AI blog

FEBRUARY 7, 2024

In addition to CSRD, California has new mandatory reporting rules coming into play in 2024, while countries around the world are on the verge of implementing their own non-financial disclosure and documentation requirements.

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IBM Journey to AI blog

JUNE 23, 2023

For F&A leaders, this means that it may have the ability to transform financial data, such as business performance reports, commentary and narratives. Financial reporting narratives (as well as commentary) play a pivotal role in providing meaningful insights and contextual understanding of a company’s financial performance.

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Precisely

MARCH 23, 2023

The Data Integrity Capabilities You Need for ESG Reporting Now that we’ve covered why you need to have clear, accurate, and readily accessible data to show the progress of your ESG efforts, let’s walk through a snapshot of what that means for your data management capabilities.

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DataCentric podcast

AUGUST 3, 2020

There's solid financial news for all three, but each with different industry-level impacts. Intel delivered solid numbers, but were punished by both guidance and disclosure of some execution problems in rolling out its next generation, 7nm, processors.

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Dataconomy

JANUARY 2, 2024

This may include requirements for encryption, access controls, or other security measures to prevent unauthorized access or disclosure of the preserved evidence. Your data is like your digital footprint, it contains sensitive information like financial details, medical records, and even embarrassing photos.

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Precisely

MARCH 6, 2023

For many years, risk has had a significant seat at the table for a multitude of investment, lending, and other financial service organizations, but with the rise of ESG, the ramifications are reaching another level. The post Data Integrity for ESG in Financial Services appeared first on Precisely.

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Alation

JANUARY 9, 2023

A recent flurry of data breaches resulting in the disclosure of private data covering tens of millions of Australians has renewed the visibility of regulations that compel organisations to better protect consumer data. Whether a financial institution or not, in Australia or anywhere, data risk management is an extension of data management.

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NYU Center for Data Science

JUNE 21, 2023

To enforce the law companies that don’t follow these rules will face financial consequences. The technology will be audited annually by an independent party looking specifically at biases in the system. Candidates can also request information about what data is collected by AI.

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O'Reilly Media

APRIL 23, 2024

Amazon ’s most recent quarterly disclosures (Q4, 2023), for example, show year-on-year growth in online sales revenue of 9%, but growth in fees of 20% (third-party seller services) and 27% (advertising sales). AI safety and governance will be impossible without robust and consistent institutions for disclosure and auditing.

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Algorithm AI AI Cloud Computing 108

Dataconomy

SEPTEMBER 11, 2023

Financial transaction data Financial transaction data refers to the data collected on payment processing, transaction history, and fraud detection. This data can aid financial institutions, merchants, and consumers in detecting fraud, optimizing payment processes, and improving financial product offerings.

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IBM Journey to AI blog

SEPTEMBER 20, 2023

Along with healthcare organizations and financial services entities, government and public sector entities must strive to be seen as the most trusted institutions. As long as AI is implemented in a way that includes all the traits mentioned above, it can help both governments and citizens alike in new ways.

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Smart Data Collective

OCTOBER 8, 2021

Machine learning has done a lot to help them improve financial trading. They include: Tests that check an organization’s ML model output shape to ensure that it corresponds with the labels in its dataset Evaluations that check for label disclosure between an ML’s training and validation datasets, etc. Post-train tests.

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IBM Journey to AI blog

APRIL 3, 2024

On March 6, 2024, the US Securities and Exchange Commission (SEC) adopted rules to enhance and standardize climate-related disclosures by public companies and in public offerings. The commission’s adoption of the rules is two years in the making.

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AWS Machine Learning Blog

MAY 9, 2024

According to a McKinsey study , across the financial services industry (FSI), generative AI is projected to deliver over $400 billion (5%) of industry revenue in productivity benefits. Ava Kong is a Generative AI Strategist at the AWS Generative AI Innovation Center, specializing in the financial services sector.

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IBM Journey to AI blog

FEBRUARY 15, 2024

Non-financial factors such as working conditions, supply chains , sourcing and emissions are being incorporated into investment decisions, regulatory frameworks and reporting requirements as asset managers demand greater transparency and accountability from companies.

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DataRobot

APRIL 5, 2021

Considering only one in ten companies report significant financial benefits from implementing AI , the collaboration of business subject matter experts and technical experts is critical. The researchers varied the model’s complexity, the amount of disclosure about how the model worked, and the visibility of past predictions.

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Smart Data Collective

JANUARY 3, 2023

Former SEC Commissioner Allison Herren Lee recently made some statements that allude to the importance of using AI technology to address some of the more pressing challenges in the financial sector. AI technology is invaluable for improving the security of financial applications. Although Ms.

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AWS Machine Learning Blog

JANUARY 26, 2024

These five risks are insecure output handling, supply chain vulnerabilities, sensitive information disclosure, excessive agency, and overreliance. Implement robust authentication and authorization mechanisms for establishing and managing fine-grained access permissions, which don’t rely on LLM application logic to prevent disclosure.

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Dataconomy

FEBRUARY 13, 2024

Cisco layoffs 2024 confirmed In a recent disclosure by Reuters , it has come to light that Cisco is on the verge of implementing significant job reductions, with thousands of employees facing layoffs as part of a business reorganization effort in response to declining demand.

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IBM Journey to AI blog

JUNE 1, 2023

The Securities and Exchange Commission (SEC) has issued a rule proposal to standardize the way organizations make climate-related disclosures. This would include disclosure of greenhouse gas emissions as a measure of exposure to climate-related risk. How will organizations be impacted if the SEC’s rule is enacted?

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Analytics Analytics 58

Hacker News

MARCH 14, 2023

And she found that those groups’ financial contributions to specific senators on the committee increased the amendments’ chances of passing. Hacking is often associated with computer systems, but the concept is also applicable to social systems like financial markets, tax codes, and legislative processes.

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IBM Journey to AI blog

JULY 7, 2023

Data protection and data privacy Data protection , defined as protecting important information from corruption, damage or loss, is critical because data breaches resulting from cyberattacks can include personally identifiable information (PII), health information, financial information, intellectual property and other personal data.

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IBM Journey to AI blog

JULY 6, 2023

What are the three main disclosure areas under the BRSR? SEBI’s guidance document provides details on three kinds of disclosures—general, management and process, and “principle wise” (principle-based). General disclosures encompass basic company information.

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Dataconomy

DECEMBER 5, 2023

The reasons for 23andMe’s omission of these figures in their Friday disclosure remain unclear. Type of data compromised: Was sensitive personal information (like Social Security numbers, financial details, health records) exposed?

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