The new podcast covering current trends and intriguing topics in automation and beyond courtesy of Bank Automation News, the definitive source for insights and news surrounding automation in financial services.
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Subscribe to The Buzz on Bank Automation News on iTunes, Spotify, or Stitcher to ensure you never miss a new episode.
Weekly Wrap: China pushes U.S. to take central bank digital currency seriously
This week, Bank Automation News delves into a House committee’s inquiry into a potential central bank digital currency (CBDC), and explored China’s role in prompting the U.S. to explore a CBDC, as well as the U.S. hesitancy to adopt digital currency. The BAN team also explored how neobanks are causing more banks to abandon a major financial institution money maker — overdraft fees.
How to teach ethics to AI models
Stephen Jones of Queen’s University addresses bias in AI Removing bias from artificial intelligence (AI) models may seem as simple as removing demographic information from the data, but it may be more valuable instead to inform the model about the demographics, then weight them to offset bias.