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The enquiry is also seeking to identify how much trading it driven by algorithms and artificial intelligence and whether fintech firms are the most well suited to adopting to the trend. Credit: iStock
The UK government has opened an enquiry into the use of artificial intelligence (AI) in pensions, banking and other financial services and its potential impacts.
The call out referenced the launch of Chinese AI firm DeepSeek, which sent equity markets into a tailspin last week. The company came as a surprise competitor to entrenched market leaders such a...
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