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Ars Technica·4 min read·hard

UK regulator warns of "arms race" to keep up with AI use in financial services

Martin Arnold
UK regulator warns of "arms race" to keep up with AI use in financial services
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The UK's Financial Conduct Authority (FCA) is calling for increased regulatory powers to manage the risks posed by AI in financial services. Officials warn that AI-driven hyper-personalization could lead to consumer harm, bias, and opaque pricing.

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secret knowledge UK regulator warns of “arms race” to keep up with AI use in financial services FCA official makes case for greater powers for watchdog as millions use technology for personal finance decisions.

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UK regulator warns of "arms race" to keep up with AI use in financial services — Headlinne — headlinne