FCA warns specialist finance industry of AI fraud dangers

The head of the Financial Conduct Authority (FCA) has warned that artificial intelligence (AI) could disrupt the financial services sector in ways and at a scale not seen before — claiming the regulator could be forced to take action against AI-based fraud.

Source: Bridging & Commercial — https://bridgingandcommercial.co.uk/fca-warns-specialist-finance-industry-of-ai-fraud-dangers