Adoption Of Artificial Intelligence In The FinTech Sector: A Regulatory Overview
The evolution of partnerships between banks and financial technology (‘FinTech’) companies is facilitating the widespread adoption of advanced technologies, including artificial intelligence (‘AI’), machine learning (‘ML’) and Generative AI (‘GenAI’) in the financial sector. These innovations enable financial institutions (‘FIs’) to significantly improve operational efficiency, by enhancing risk management, fraud detection and customer engagement. Regulatory…
