EU committee calls for all-out ban on the use of social scoring for lending decisions

AI in Europe: not all decisions can be reduced to ones and zeros, says the European Economic and Social Committee (EESC). In two reports on draft EU legislation on artificial intelligence, the EESC calls for an all-out ban on social scoring in the EU and for a complaint and redress mechanism for people who have suffered harm from an AI system. At its September plenary, the EESC welcomed the proposed […]

The silent revolution. Qvo vadis homine?

article by Cornel Vintila, Chairman of the Board of Aurachain. Mr. Vintila will deliver a keynote speech on „Disruptive business models of the future” at international fintech conference – Banking 4.0. The question of where mankind is going is a difficult one to understand, with an even more difficult answer in light of evolving technology. We can attempt to map the dynamic landscape of some of these technologies to understand where we […]

First six international experts, from six different countries, confirmed their presence at Banking 4.0 – International Fintech Conference

Almost three months before the start of the international fintech conference – Banking 4.0, NOCASH presents the list of the first experts from abroad who have confirmed the participation to the event. In the selection of speakers, the organizers sought to cover all areas of interest when analysing the topic of open banking: from regulatory authorities and associations representing segments of the financial services industry, banks, fintechs, IT companies, TechFin […]