Let's borrow an analogy from another domain that has wrestled with automation, trust and safety: self-driving cars.

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In the Wizard of Oz, Dorothy reveals, with a draw of a curtain, the Wizard of Oz as an ordinary man relying on mechanical “mind-tricks” to appear all-powerful and impact the world around him. This ...

First Preparatory Committee meeting of the Fourth International Conference on Financing for Development concludes in Addis Ababa with renewed focus on bridging gaps in SDG financing and delivering ...

The RBI's Financial Stability Report highlights near-term risks to India's economy from external uncertainties and global ...

A reverse Robin Hood dynamic is playing out in the world of personal finance, with the mistakes of the poor lowering costs for the rich. Economists John Y. Campbell and Tarun Ramadorai aim to call ...

The EU desperately needs a financial system that can mobilise savings efficiently, allocate capital to productive uses, share ...

While India’s economy continues to grow strongly and the domestic financial system remains sound, both face near-term risks ...

Cyber threats to the financial system are growing, and the global community must cooperate to protect it In February 2016, hackers targeted the central bank of Bangladesh and exploited vulnerabilities ...

It is easy to understand how money gets destroyed in a traditional bank run. Picture the men in top hats yelling at clerks in “Mary Poppins”. The crowds want their cash and bank tellers are trying to ...

The University of Washington’s troubles with a $340 million IT upgrade is sparking commentary on why software migration projects often go wrong. KIRO reported last week about vendors who haven’t ...