Go back

Call for transparency around use of AI in financial services


Alan Turing Institute warns AI systems can cause “significant harm” as well as bring benefits

Experts at the UK’s national institute for data science have called for more transparency around the use of artificial intelligence within the financial services sector.

According to the report, published by the Alan Turing Institute and commissioned by the Financial Conduct Authority, AI plays a “central role” in processes of technological change in financial services, offering “significant benefits” for firms, consumers and markets.

This article is only available to Research Professional News subscribers. If you are a subscriber you can read the article in full on researchprofessional.com

Pivot-RP users can log in and view the article via this link.