Ethical AI and Data Protection in Finance and Beyond
Summary
Welcome to the website of the Conference on Ethical AI and Data Protection in Finance and Beyond (EAIDP-23). A FinAI COST Action Conference.
The aim of the FinAI COST Action “Fintech and Artificial Intelligence in Finance – Towards a transparent financial industry” is to develop a knowledge exchange platform to promote sustainable innovation and the ethical use of AI in the financial sector. This aim has been pursued through nearly three years of research and dissemination activity, coordinated by independent academic centres, aimed at developing and testing best practices in all domains of FinTech and Financial Data Science. The network involves regulatory authorities, FinTech companies, financial institutions, and universities of the 27 EU countries (plus the UK and Switzerland) and other international participants.
It is becoming increasingly clear that, for society to benefit from the use of AI, researchers from different domains and policy makers must carefully investigate and understand ethically sensitive implications of AI uses, which are not always obvious if AI and its uses are not examined through sufficiently interdisciplinary lenses. A prime example is the fact that it is becoming increasingly clear, as stressed by recent regulatory developments like the GDPR and Ethical AI EU directives, that the ethical use of AI must grapple with the ethical use of personal data and the implications for privacy that uses of AI can have.
The COST Action FinAI and University College Dublin will thus organize a mini-conference on the broad topic of “Ethical AI and Data Protection in Finance and Beyond”. The conference organizers invite contributions in the form of working papers to be presented at the conference. The papers can be conceptual, theoretical, empirical, or clinical, and could be policy-oriented papers as well as the more classical research working papers. In any case, contributors are invited to explore the policy implications of their research findings.
All questions about submissions should be emailed to Dr Maria Moloney at Maria.Moloney@ucd.ie
List of Conference Topics
- Explainability and interpretability of AI algorithms
- Algorithmic biases and connections with societal biases
- AI and privacy threats
- AI and Data Protection
- Diversity in FinTech
- Ethical Algorithmic Lending
Organizing Committee
- Valerio Poti, Professor, University College Dublin
- Maria Moloney PhD, Senior Researcher and Consultant, PrivacyEngine. Adjunct Research Fellow in University College Dublin
- Joerg Osterrieder, Associate Professor of Finance and Artificial Intelligence at University of Twente (Netherlands) and Professor of Sustainable Finance at BFH (Switzerland)
- Cal Muckley, Professor of Operational Risk in Banking and Finance at the UCD College of Business and a Fellow at the UCD Geary Institute.
- Professor Alessia Paccagnini
- Nuno Moniz, Associate Research Professor at Lucy Family Institute for Data & Society, Associate Director at DIAL Lab, University of Notre Dame
- Catarina Silva, University of Coimbra, Centre for Informatics and Systems of the University of Coimbra, Department of Informatics Engineering
- Ioana Coita, Lecturer, Wroclaw University of Economics (Poland) & University of Oradea (Romania)
- Alexios Ioannis Moukas, PhD Candidate, Aristotle University of Thessaloniki (Greece)
Scientific Committee
- Maria Moloney PhD, Senior Researcher and Consultant, PrivacyEngine. Adjunct Research Fellow in University College Dublin
- Valerio Poti, Professor, University College Dublin
- Nuno Moniz, Associate Research Professor at Lucy Family Institute for Data & Society, Associate Director at DIAL Lab, University of Notre Dame
- Catarina Silva, University of Coimbra, Centre for Informatics and Systems of the University of Coimbra, Department of Informatics Engineering
- Ioana Coita, Lecturer, Wroclaw University of Economics (Poland) & University of Oradea (Romania)
- Codruta Mare, Professor, Babeș-Bolyai University (Romania)
- Joerg Osterrieder, Associate Professor of Finance and Artificial Intelligence at University of Twente (Netherlands) and Professor of Sustainable Finance at BFH (Switzerland)
- Nikos Thomaidis, Associate Professor of Computational Methods in Management and Finance, University of the Aegean (Greece)
- Cal Muckley, Professor of Operational Risk in Banking and Finance at the UCD College of Business and a Fellow at the UCD Geary Institute.
- Albulena Shala, Assistant Professor, University of Prishtina “Hasan Prishtina” (Kosovo)
- Karolina Bolesta, Lecturer in Economics, SGH Warsaw School of Economics and Procter & Gamble (Poland)
Schedule
| 2nd September | Azores Local time (GMT) | Location: Hotel Pousada Horta |
| 18:30 | Dinner/social event | |
| 3rd September | Session Chair: Codruta Mare | Location: Sociedade Amor da Pátria |
| 09:30 – 10:00 | Registration | |
| 10:00 – 10:15 | Opening and Welcome | Valerio Poti, Maria Moloney, Codruta Mare |
| 10:15 – 10:45 | European AI Act | Maria Moloney |
| 10:45 – 11:15 | Coffee | |
| 11:15 – 11:45 | Presentation 1 | Catarina Silva |
| 11:45 – 12:15 | Presentation 2 | Valerio Poti |
| 12:15 – 12:45 | Bridging the privacy gap with AI | Karolina Bolesta |
| 12:45 – 13:30 | Lunch break | |
| 13:30 – 14:00 | Ethical AI strategy in corporate governance | Olivija Filipovska |
| 14:00 – 14:30 | Information Extraction using Transformers | Stefana Belbe |
| 14:30 – 14:45 | Coffee | |
| 14:45 – 15:45 | Discussion paper session | Maria Moloney – GDPR profiling paper |
| 15:45 – 17:00 | Diversity group free discussion session/ Collaboration opportunities | |
| 18:30 | Dinner/social event | Location: Hotel Pousada Horta |
| 4th September | Session Chair: Maria Moloney | Location: Sociedade Amor da Pátria |
| 09:30 – 10:00 | Morning coffee | |
| 10:00 – 11:00 | Core Group Meeting (Open to Everyone) | Joerg Osterrieder, Core Group |
| 11:00 – 11:30 | Presentation 1 | Branka Hadji Misheva |
| 11:30 – 12:00 | Presentation 2 | Nuno Moniz |
| 12:00 – 12:15 | Coffee | |
| 12:15 – 12:45 | Digital and AI in SME Financing vs company data protection | Andrei Damascan |
| 12:45 – 13:15 | online Presentation 4 | Cal Muckley |
| 13:15 – 14:15 | Lunch break | |
| 14:15 – 14:45 | online Presentation 5 | Galena Pisoni |
| 14:45 – 15:15 | online Presentation 6 | Ekaterina Svetlova |
| 15:15 – 16:15 | COST application writing session | EU and ERASMUS + cooperation programs |
| 16:15 – 16:45 | MSCA DN application writing session | |
| 15:30 – 15:45 | Closing and outlook | Joerg Osterrieder, Maria Moloney, Valerio Poti, Catarina Silva |
| 18:30 | Dinner/social event | Location: Hotel Pousada Horta |
How to Attend
Participation Options:
- Physically (Venue information is provided below)
- Remotely (Through the online ZOOM link)
Venue Information:
Sociedade Amor da Pátria