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This report describes the structure of the FinTech sector in the Czech Republic and the associated regulatory and supervisory frameworks. It analyses the enabling conditions for FinTech innovation as well as potential hurdles. The findings are based on responses from Czech FinTechs to an OECD...
Persistent link: https://www.econbiz.de/10013523827
This paper examines the recent evolution of competition in the financial services sector in Latin America and the Caribbean (LAC), focusing on the rise of Fintechs and the emergence of a pro-competitive regulatory framework. This evolution results from a symbiosis of positive feedback between...
Persistent link: https://www.econbiz.de/10015081637
This report examines the factors that contribute to youth financial inclusion and the role of digital financial services in meeting young people’s financial needs. It then explores opportunities and challenges relating to advancing youth digital financial inclusion. The report sets out a range...
Persistent link: https://www.econbiz.de/10015082575
existing risks in financial markets and create new ones. This report analyses different regulatory approaches to the use of AI …
Persistent link: https://www.econbiz.de/10015081720
Persistent link: https://www.econbiz.de/10014271246
Persistent link: https://www.econbiz.de/10014272695
’ and ‘responsible’ AI systems, there is a need to identify and manage AI risks. As calls for the development of … accountability mechanisms and risk management frameworks continue to grow, interoperability would enhance efficiency and reduce … enforcement and compliance costs. This report provides an analysis of the commonalities of AI risk management frameworks. It …
Persistent link: https://www.econbiz.de/10014491300
Artificial intelligence (AI) offers tremendous benefits but also poses risks. Some of these risks have materialised … expected. To effectively monitor and prevent these risks, stakeholders need a precise yet adaptable definition of AI incidents …
Persistent link: https://www.econbiz.de/10014435826
This report presents research and findings on accountability and risk in AI systems by providing an overview of how … risk-management frameworks and the AI system lifecycle can be integrated to promote trustworthy AI. It also explores … identifies tools and mechanisms to define, assess, treat, and govern risks at each stage of the AI system lifecycle. This report …
Persistent link: https://www.econbiz.de/10014278983
As AI use grows, so do its benefits and risks. These risks can lead to actual harms ("AI incidents") or potential … dangers ("AI hazards"). Clear definitions are essential for managing and preventing these risks. This report proposes …
Persistent link: https://www.econbiz.de/10015081445