“The Bank of England last year picked artificial-intelligence pioneer Alan Turing as the face of its new 50-pound note. Computer programmes with humanlike problem-solving skills are already a fixture of the UK financial system. Two-thirds of the companies that the BoE surveyed make use of such systems, Boston Consulting Group, for example, reckons AI software…
Tag: Bank of England
FCA & BofE launch AI and machine learning forum
“According to a survey conducted by the Bank of England last year, machine learning tools are now in use at two-thirds of UK financial institutions The newly-formed ‘AI Public Private Forum’ (AIPPF) will be co-chaired by Sir Dave Ramsden, deputy governor for markets & banking, BofE” https://www.finextra.com/newsarticle/35147/fca–bofe-launch-ai-and-machine-learning-forum