Kamlana: Regulation Must Keep Pace as Finance Goes Invisible – Moonstone Information Refinery
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2 Articles
Kamlana: Regulation must keep pace as finance goes invisible – Moonstone Information Refinery
Financial-sector regulation cannot remain anchored to business models that technology is rapidly changing. That was among the issues raised by Financial Sector Conduct Authority Commissioner Unathi Kamlana (pictured) during a public lecture at the University of Cape Town on 6 August, titled “Governing the invisible: leadership, innovation, and accountability in the financial sector”. Kamlana examined three technological frontiers – artificial in…
The International Monetary Fund and the Bank of England are now dreading systemic threats related to algorithms, so the banking sector is abandoning its historical prudence to massively integrate new technologies. Fraud detection and customer service are now based on such cognitive motors. Many of the world's leading executives are ... Read more The article The financial sector needs to reinvent its algorithmic governance has appeared first on F…
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