22 October 2025

Artificial Banking

Type Presentation/Discussion
Language German

22. October 2025, 18:00-19:30

Will AI soon decide my loan?

This event is organized by the Department of Finance, Accounting and Statistics.

Artificial intelligence (AI) is transforming entire industries and professions. The highly “computable” banking sector is particularly affected. AI algorithms can flag loans with potential repayment issues and reject applications. AI can also alert banking supervisors early to problem banks, potentially triggering resolution. But what about data protection? What does AI really “know”? And can a neural network be wrong?

Presentation:

• Kurt Hornik, Professor of Statistics and Computing, Department of Finance, Accounting and Statistics, WU Vienna

• Karin Turner-Hrdlicka, Director General for On-Site Inspections and Internal Model Inspections, European Central Bank (ECB)

Panel discussion:

• Gerda Holzinger-Burgstaller, CEO, Erste Bank Austria

• Kurt Hornik, Professor of Statistics and Computing, Department of Finance, Accounting and Statistics, WU Vienna

• Michael Höllerer, Director General, Raiffeisenlandesbank Lower Austria–Vienna

• Karin Turner-Hrdlicka, Director General for On-Site Inspections and Internal Model Inspections, European Central Bank (ECB)

Moderator:

• Stefan Pichler, Professor of Banking and Finance, Department of Finance, Accounting and Statistics, WU Vienna

Registration: https://www.wu.ac.at/wumatters/terminkalender/detail/artificial-banking