1
“ AI has started a financial revolution ― Here ’ s how ,” World Economic Forum , February 4 , 2020 , https :// www . weforum . org / stories / 2020 / 02 / how-ai-is-shaping-financial-services /
2
“ Transforming Paradigms : A Global AI in Financial Services Survey ,” World Economic Forum , February 29 , 2020 , https :// www . weforum . org / publications / transforming-paradigms-a-global-ai-in-financial-services-survey /
3
“ Revolutionising risk and compliance : How large language models combat financial crimes ,” FinTech Global , July 5 , 2023 , https :// fintech . global / 2023 / 07 / 05 / revolutionising-risk-and-compliance-how-large-language-models-combat-financial-crimes /
4
P . K . Doppalapudi , Pankaj Kumar , Adrian Murphy , et al ., “ The fight against money laundering : Machine learning is a game changer ,” McKinsey & Company , October 7 , 2022 , https :// www . mckinsey . com / capabilities / risk-and-resilience / our-insights / the-fight-against-money-launderingmachine-learning-is-a-game-changer
5
Thomas Sandridge , Robert Grant , Stephen Forster , et al ., “ Maximizing compliance : Integrating gen AI into the financial regulatory framework ,” IBM , August 12 , 2024 , https :// www . ibm . com / blog / maximizing-compliance-integrating-gen-ai-into-thefinancial-regulatory-framework /
6
Carly Page , “ Microsoft AI researchers accidentally exposed terabytes of internal sensitive data ,” TechCrunch , September 18 , 2023 , https :// techcrunch . com / 2023 / 09 / 18 / microsoft-ai-researchers-accidentally-exposed-terabytes-of-internal-sensitive-data /
7
N . Scott Jarrell , Shawn McGrath , Shamara Ferguson Edwards , et al ., “ How to mitigate AI discrimination and bias in financial services ,” Ernst & Young LLP , https :// www . ey . com / en _ us / insights / forensic-integrity-services / ai-discrimination-and-bias-in-financial-services
8
“ Europe sets benchmark for rest of the world with landmark AI laws ,” New York Post , May 22 , 2024 , https :// nypost . com / 2024 / 05 / 22 / world-news / europe-sets-benchmark-for-rest-of-the-world-with-landmark-ai-laws /
9
“ From AI to AML : Navigating GDPR Challenges Amidst Upcoming EU Legislation ,” RSM , https :// www . rsm . global / netherlands / en / insights / ai-aml-navigating-gdpr-challenges-amidst-upcoming-eu-legislation /
10
Simon Toms , David A . Simon and Joseph A . Kamyar , “ How Regulators Worldwide Are Addressing the Adoption of AI in Financial Services ,” Skadden , Arps , Slate , Meagher & Flom LLP and Affiliates , December 12 , 2023 , https :// www . skadden . com / insights / publications / 2023 / 12 / how-regulators-worldwide-are-addressing-the-adoption-of-ai-in-financial-services /
11
“ IIF-EY Annual Survey Report on AI / ML Use in Financial Services ,” Institute of International Finance , December 2023 , https :// www . iif . com / portals / 0 / Files / content / 2023 % 20IIF-EY % 20Survey % 20Report % 20on % 20AI _ ML % 20Use % 20in % 20Financial % 20Services % 20- % 20Public % 20Report % 20- % 20Final . pdf
12
Lindsey Wilkinson , “ JPMorgan Chase launches LLM Suite for employees ,” CIO Dive , September 11 , 2024 , https :// www . ciodive . com / news / JPMorgan-Chase-LLM-Suite-generative-ai-employee-tool / 726772 /
13
Isabelle Bousquette , “ Morgan Stanley moves forward on homegrown AI ,” The Wall Street Journal , July 26 , 2024 , https :// www . wsj . com / articles / morgan-stanley-moves-forward-on-homegrown-ai-120c59ab
14
Hugh Son , “ Goldman Sachs rolls out an AI assistant for its employees as artificial intelligence sweeps Wall Street ,” NBC New York , January 21 , 2025 , https :// www . nbcnewyork . com / news / business / money-report / goldman-sachs-rolls-out-an-ai-assistant-for-its-employeesas-artificial-intelligence-sweeps-wall-street / 6115813 /
15
“ Chat-GPT and other LLMs are being rapidly adopted by FinTech companies ,” FinTech Global , August 2 , 2023 , https :// fintech . global / 2023 / 08 / 02 / chat-gpt-and-other-llms-are-being-rapidly-adopted-by-fintech-companies /
16
Chris McKay , “ Stripe Previews New Fraud Prevention Assistant Powered by GPT-4 ,” Maginative , July 13 , 2023 , https :// www . maginative . com / article / stripe-previews-new-fraud-prevention-assistant-powered-by-gpt-4 /
17
Arjun Vir Singh , Michael Bateman , Iyad Halabi , et al ., “ The Intersection of AI and Financial Services ,” Arthur D . Little , November 2023 , https :// www . adlittle . com / kr-en / insights / viewpoints / intersection-ai-financial-services
18
Alena Courtney , “ AI for Retailers : How and Where to Start ,” Square , February 15 , 2024 , https :// squareup . com / us / en / the-bottom-line / operating-your-business / ai-for-retailers
19
John Adams , “ How Stripe ‘ teaches ’ tech to beat the payments fraud exam ,” American Banker , January 6 , 2025 , https :// www . americanbanker . com / payments / news / stripes-machine-learning-tech-battle-card-testing
20
Alex Engler , “ The EU and U . S . diverge on AI regulation : A transatlantic comparison and steps to alignment ,” Brookings , April 25 , 2023 , https :// www . brookings . edu / articles / the-eu-and-us-diverge-on-ai-regulation-a-transatlantic-comparison-and-steps-to-alignment /
21
Thomas Sandridge , Robert Grant , Stephen Forster , et al ., “ Maximizing compliance : Integrating gen AI into the financial regulatory framework ,” IBM , August 12 , 2024 , https :// www . ibm . com / blog / maximizing-compliance-integrating-gen-ai-into-the-financialregulatory-framework /
22
Rahul Agarwal , Andreas Kremer , Ida Kristensen , et al ., “ How generative AI can help banks manage risk and compliance ,” McKinsey & Company , March 1 , 2024 , https :// www . mckinsey . com / capabilities / risk-and-resilience / our-insights / how-generative-ai-can-helpbanks-manage-risk-and-compliance
23
“ Unlocking Efficiency : How AI-Based AML Compliance Solutions Revolutionize Risk Management ,” Financial Crime Academy , https :// financialcrimeacademy . org / ai-based-aml-compliance-solutions /
24
Varun Jain , Anandaganesh Balakrishnan , Divya Beeram , et al ., “ Leveraging Artificial Intelligence for Enhancing Regulatory Compliance in the Financial Sector ,” International Journal of Computer Trends and Technology , Volume 72 , Issue 5 , pp . 124-140 , 2024 , https :// doi . org / 10.14445 / 22312803 / IJCTT-V72I5P116
25
Attila Tóth , László Nagy , Roderick Kennedy , et al ., “ The human-centric Industry 5.0 collaboration architecture ,” MethodsX , June 2023 , https :// www . researchgate . net / publication / 371612086 _ The _ human-centric _ Industry _ 50 _ collaboration _ architecture
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