Proceedings of the 2025 10th International Conference on Financial Innovation and Economic Development (ICFIED 2025)

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Privacy Protection and Compliance of Artificial Intelligence in the Financial Industry

Authors
Surun Mu1, *
1Tianjin University of Finance and Economics, Tianjin, China
*Corresponding author. Email: 1280538273@qq.com
Corresponding Author
Surun Mu
Available Online 5 May 2025.
DOI
10.2991/978-94-6463-702-1_3How to use a DOI?
Keywords
Artificial Intelligence; Financial Industry; Privacy Protection
Abstract

This document has explored the intricate relationship between artificial intelligence and privacy protection within the financial industry. It has underscored the significance of adhering to a multi-layered regulatory framework that includes global regulations like the GDPR, industry-specific standards such as PCI DSS, and emerging AI-specific compliance measures. The challenges of data collection and usage, algorithmic bias, and the security of AI systems have been highlighted, emphasizing the need for transparency, ethical data practices, and robust cybersecurity measures. The document concludes that while AI offers transformative potential for financial services, it also necessitates a vigilant approach to privacy protection and compliance. As the financial industry navigates this complex terrain, it must balance innovation with responsibility, ensuring that AI serves to empower rather than exploit, and to protect rather than compromise the privacy rights of individuals.

Copyright
© 2025 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 2025 10th International Conference on Financial Innovation and Economic Development (ICFIED 2025)
Series
Advances in Economics, Business and Management Research
Publication Date
5 May 2025
ISBN
978-94-6463-702-1
ISSN
2352-5428
DOI
10.2991/978-94-6463-702-1_3How to use a DOI?
Copyright
© 2025 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Surun Mu
PY  - 2025
DA  - 2025/05/05
TI  - Privacy Protection and Compliance of Artificial Intelligence in the Financial Industry
BT  - Proceedings of the 2025 10th International Conference on Financial Innovation and Economic Development (ICFIED 2025)
PB  - Atlantis Press
SP  - 18
EP  - 26
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-702-1_3
DO  - 10.2991/978-94-6463-702-1_3
ID  - Mu2025
ER  -