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947. News: After Dark - Klarna files to IPO, Revolut is becoming a proper bank, and the FCA says do more AI
Fintech Insider Podcast by 11:FS
Navigating AI in Banking: Challenges and Opportunities
This chapter explores the Financial Conduct Authority's concerns about the slow adoption of AI technologies by UK banks due to regulatory uncertainties. It discusses the cautious culture within banks that hinders innovation, as well as the potential impact of AI on job markets and compliance challenges. Additionally, the chapter highlights the importance of strategically integrating AI into banking to enhance operational efficiency and meet evolving consumer needs.
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highlights
Listen to the best highlights from the podcasts you love and dive into the full episode