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Ethics and Digital Innovation in Finance

  • Antonio ArgandoñaEmail author
Living reference work entry
  • 7 Downloads
Part of the International Handbooks in Business Ethics book series (IHBE)

Abstract

Digital technologies are a powerful innovative and disruptive factor in finance. They have several dimensions, including an ethical dimension, that call upon the people and organizations that take part in financial activity to take into account the consequences of their actions on others, first of all, their users and customers, but also the stakeholders of the financial or technological organization in question, other organizations, sometimes in distant places, local communities and society in general, including when their decisions are supported, facilitated, or even replaced by programs and machines. This chapter explains the ethical dimension of digital technologies applied to finance and offers ideas for guiding the work of the agents who design or use these technologies so that they can contribute positively to the good of the people and society.

Keywords

Algorithms Artificial intelligence Data Ethics Finance Fintech Machine learning 

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Copyright information

© Springer Nature Switzerland AG 2020

Authors and Affiliations

  1. 1.Department of Economics and Business EthicsIESE Business School, University of NavarraBarcelonaSpain

Section editors and affiliations

  • Leire San-Jose
    • 1
  1. 1.ECRI Ethics in Finance Research GroupUniversity of the Basque Country. UPV/EHUBilbaoSpain

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