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Ethical use of big data in financial services


Ethical use of big data in financial services - ICAEW.com

Our principles can help board members, management, and those working in and with banks, insurers and investment management identify, prevent and deal with ...

Big Data and Financial Ethics: The Significant Capabilities of ...

Debate and regulations focus on the right to privacy at the moment but use of big data analytics in the financial industry gives rise to more material risks.

Big data, ethics and financial services: risks, controls and opportunities

– While regulators are now focusing on this topic, the pace of innovation and development means that use of big data and artificial intelligence has outstripped ...

ethical use of customer data in a digital economy - KPMG LLP

Many financial services businesses are already applying intelligent, automated technologies to large data sets to enhance customer experience, improve the ...

Innovating with integrity: the rise of data ethics in the finance sector

... services, it is simply another data ethics use ... Firstly, financial services collect, manage and use a large amount of sensitive personal ...

The role of big data in financial technology toward financial inclusion

The utilization of big data also allows for the creation of more personalized financial products and services, such as individualized investment portfolios and ...

Big Data in Finance: Ethical Challenges by Alicja Choma

This phenomenon has been referred to as Big Data. It affords tre-mendous growth opportunities but also raises controversial questions about privacy.

Big data analytics in the financial services industry

4.3 Ethical Considerations: Discussion of ethical considerations in the use of big data analytics, including issues of bias, transparency, and accountability.

The Ethical use of big data in financial services - Codex Recruitment

If a business relies on historical data, it may generate bias created by how information is collected. This trend can continue and be reinforced ...

Ethical Use of Big Data in Financial Services - Data Ethics Repository

Ethical Use of Big Data in Financial Services ... Summary: The following article talks about how the boards need to lead their businesses on the “ ...

The role of big data in financial technology toward financial inclusion

The utilization of big data also allows for the creation of more personalized financial products and services, such as individualized investment portfolios and ...

The Crucial Role of Ethics in AI and Data Science in the Financial ...

The financial sector is entrusted with managing sensitive customer data, and protecting this data is both a legal requirement and a moral ...

Ethical Considerations in Big Data Analytics | OxJournal

However, as big data continues to grow, the use and spread of BDA increasingly raises ethical concerns about privacy, data accuracy, ...

Big Data In Banking: Opportunities, Challenges, And Future Prospects

Big data technologies enable banks to understand their customers on a granular level. Banks can offer personalized banking solutions by ...

Balancing Act: Ethics and Privacy in the Age of Big Data Analytics

Social implications: The widespread use of big data raises concerns about its impact on individual autonomy, freedom of expression, and ...

Ethical considerations in the use of big data for business analytics

The practical value lies in guiding stakeholders to navigate the ethical landscape of big data, promoting responsible practices, and ensuring ...

Building Trust in Fintech: An Analysis of Ethical and Privacy ... - MDPI

This research paper explores the ethical considerations in using financial technology (fintech), focusing on big data, ...

Data ethics: What it means and what it takes - McKinsey & Company

It's one thing to define what constitutes the ethical use of data and to set data usage rules; it's another to integrate those rules into ...

Future of Big Data in Financial Services - Finworks

The issue of governance pertains to the proper management, control, and ethical use of data within the financial industry. It involves ...

Why the Ethics of Big Data Matters for Business Leaders - Cloudera

In the fast-moving world of data science, legislation often lags behind the day-to-day realities of how data is really being used. 2019 Pew ...