Bank of England (BoE) launches artificial intelligence consortium to explore financial services applications
By Global Government Fintech
The BoE has established an AI Consortium as a public-private engagement platform to examine AI applications in UK financial services. Co-chaired by senior officials from the BoE and FCA, the 28-member group includes representatives from established financial institutions, technology companies, fintechs and universities who will meet quarterly to discuss AI capabilities, benefits and risks.
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