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Financial Services and You

There are two major approaches to understanding how artificial intelligence is used in the world of financial services. The first is from the client’s perspective—how AI is helping interested parties navigate the complicated and overwhelming world of money. The second is from the banks’ and lenders’ perspectives—how AI is being used to interact with clients, make decisions, and create rules based on data.

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AI can perpetuate racial bias in insurance underwriting

Yahoo! Money | Nov 1, 2022

While artificial intelligence (AI) technology has made mortgage underwriting and insurance claims faster and easier, it could also unintentionally discriminate against protected classes.

IRS 2022 Tax Guidelines to Treat NFTs as Stablecoins, Cryptocurrencies

Decrypt | Oct 19, 2022

New tax guidelines from the IRS mean that NFT holdings fall under the same tax regime as cryptocurrencies and stablecoins.

Astaria raises $8M for NFT-backed loans

Axios | Jun 20, 2022

Astaria, a decentralized finance (DeFi) project co-founded by ConsenSys and SushiSwap alum Joseph DeLong, has raised $8 million in a round that included True Ventures, Arrington Capital, Wintermute and many others.

Have You Been Denied A Loan? The NFHA Can Help.

May 18, 2021

Have you been denied a loan or access to traditional financial services? The National Fair Housing Alliance can help. The NFHA exists in part to help people of color who are often wrongfully denied financial aid access what they need. The NFHA has a great deal of information that might help you get what you need.

Applications and benefits of AI in finance

Business Insider | Sep 9, 2020

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