The project will help the FCA better understand how AI could shape UK financial markets and inform its future approach to the technology.
The project will help the FCA better understand how AI could shape UK financial markets and inform its future approach to the technology.
The project will enable ‘sandbox’ testing, establishing the technical, regulatory, and security standards required for large-scale adoption.
First PISCES operator gets greenlight in drive for growth.
PISCES is a new type of platform where shares in private companies can be traded.
The OPDA has been selected as a Smart Data Challenge finalist to explore how data can unlock a more transparent and efficient property market.
The sandbox is open to any financial services firm looking to innovate and experiment with AI.
The regulator will let more firms know it is 'minded to approve' applications for authorisation when it thinks they can meet required standards.
The FCA's chief says the changes would "support home ownership and opening a discussion on the balance between access to lending and levels of defaults".
The AI chatbot answers criteria queries instantly from internal staff, brokers and customers.
The West Brom has partnered with Netcall to digitalise its application process for new savings accounts.
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