Innovazione tecnologica in finanza: sicurezza, tutela dei dati e non discriminazione

New technologies diffusion in the financial sector, particularly the adoption of artificial
intelligence algorithms in the production and distribution of financial services, has significant impacts on
human rights. These technologies provide greater efficiency, accessibility, and customization, but they
also raise significant issues in terms of transparency, accountability, and fairness. This study aims to reflect
on how financial innovation may interfere with some rights, particularly the right to protection of
personal data and the principle of non-discrimination, respectively enshrined in Articles 8 and Article 21
of the Charter of Fundamental Rights of the European Union. After a brief overview of how technological
innovation are adopted in the financial sector, the study focuses on main ethical and regulatory issues
raised by the use of automated technologies, and it concludes with a reflection on the balance between
financial innovation and the protection of human rights, including an analysis of the results of a survey
conducted by the Bank of Italy.