How big data transforms the insurance sector

In 2022, the insurance industry made a whopping USD 6 trillion globally—more than the entire economy of big countries like Japan and Germany. A recent study, published in The Journal of Finance and Data Science, looked ...

Embracing AI in the world of finance

Large Language Models (LLMs) like ChatGPT are shaking up the world of finance. Morgan Stanley is testing an OpenAI-powered chatbot to assist their financial advisors. The bot, trained on the bank's own research reports, offers ...

Mobilising the social sciences to rethink finance

Ten years have passed since the collapse of Lehman Brothers: this unprecedented event remains today a topic of the greatest concern. Indeed, regulation theory teaches us that the major financial crises – those of 1929 and ...

Japan Anonymous pick up litter to protest download laws

About 80 masked people, calling themselves allies of the global hacker group Anonymous, picked up litter in Tokyo Saturday in a novel protest against Japan's tougher laws against illegal downloads.

Metric predicts stock market 'flash' crashes

The May 6, 2010, stock market crash briefly erased almost $1 trillion in value and plunged the Dow Jones Industrial Average into its biggest intraday fall ever. The market recovered most of its losses within the hour, but ...

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