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Latest News

Impact of the AI Act on the financial services sector

Impact of the AI Act on the financial services sector

08/10/2024
Artificial Intelligence (AI)

In this next post in our series on the AI Act we will delve deeper into the implications of this new legal framework for the financial services sector. 

The use of AI in the financial services sector, including insurance, can enhance the efficiency and accuracy of operations, and improve overall customer experience. Specifically in banking and finance, AI-powered algorithms can analyse vast amounts of data in real-time, enabling faster decision-making in areas such as fraud detection, credit scoring, and risk management. For instance, AI could quickly identify unusual transaction patterns to flag potential fraudulent transaction, thus protecting customers and institutions alike. In the field of insurance, AI can be used for claims processing, underwriting, and customer service, allowing insurance undertakings to assess risks more precisely and to automate certain routine tasks. AI chatbots and virtual assistants can also improve customer interactions by providing personalized financial advice and facilitating transactions across this industry.

Minors as vulnerable participants in social research activities

Minors as vulnerable participants in social research activities

05/08/2024
Privacy & data protection

Minors are a vital part of every society and in line with the UN Convention on the Rights of the Child, should be able to express their views on all matters affecting them. This overarching principle is why many researchers working on matters directly affecting minors are eager to include them in their research activities. This blog post will focus on the legal questions surrounding their involvement in social research.

Featured blog

Outsourcing your Justice Coordination Cell

Outsourcing your Justice Coordination Cell

09/02/2022
Information technology

In this blogpost, we discuss two important and mandatory positions regarding the Justice Coordination Cell that may be outsourced.

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