Download the article as a PDF Introduction In the midst of the COVID-19 pandemic, fraudsters and scammers have taken the maxim “never waste a good crisis” to heart. With anxiety and uncertainty rampant, consumers are highly vulnerable to fraud and deceptive economic practices. A report in the Wall Street Journal noted that the U.S. Federal … Continue reading Fighting fraud during the COVID-19 pandemic: A CSR-based approach
Introduction While several types of economic crimes exist, this article will focus only on money laundering, fraud, and corruption. The general framework of the study that has inspired this post was based on a comparison between the traditional methods of financial crime detection and the "new" ones that entail the use of artificial intelligence. Specifically, … Continue reading Is Artificial Intelligence the future of Anti-Financial Crime?
A renewed impetus in the gender debate – propelled by Fourth-Wave Feminism and most notably by the #metoo movement – is leading us to re-evaluate accepted practices of the past and rectify problematic practices that have spilled over into the present (see also the previous article on #metoo and Corporate Investment). But what about the … Continue reading Artificial Intelligence, Gender Bias, and the Responsibility of Tech Companies
The ability of any firm to demonstrate that there are robust ethical frameworks within it, intertwined with essential governance and corporate social responsibility is critical. Over the last decade and a half, a new form of firms known as DNA testing and genealogical companies has arrived on the radar of those who want to understand … Continue reading The DNA trap: DNA testing companies and the potential misuse of sensitive personal data
Robotics is an interdisciplinary branch of engineering and science that includes, inter alia, mechanical engineering, electrical engineering, and computer science. This emerging field of technological advancement deals with the connection of perception to action and where that connection is to be "intelligent," then artificial intelligence (AI) plays a fundamental role in robotics. Robotic technology has … Continue reading Challenges and advantages of robotic nursing care: a social and ethical analysis
Cambridge Analytica, which is at the center of a huge Facebook data breach, has come under scrutiny for its role in interfering with our democratic processes on both sides of the Atlantic, meddling in Brexit Referendum and Donald Trump’s election. The shattering revelations that have emerged in the latest days about the corporate misconducts carried … Continue reading Cambridge Analytica and Facebook data breach: A corporate social responsibility analysis
As Klaus Schwab noted in the Fourth Industrial Revolution paper: “We stand on the brink of a technological revolution that will fundamentally alter the way we live, work, and relate to one another. In its scale, scope, and complexity, the transformation will be unlike anything humankind has experienced before”. The #AIFearFactor - the fears of … Continue reading A Case for The Responsible Use of Artificial Intelligence in Global Financial Services