UK Financial Regulator Urges Banks to Tackle AI-Based Fraud
UK Financial Regulator Urges Banks to Tackle AI-Based Fraud
17 July 2023
Financial Conduct Authority (FCA) CEO, Nikhil Rathi, said in a speech delivered at the offices of The Economist this week, “We will remain super vigilant on how firms mitigate cyber-risks and fraud given the likelihood that these will rise.”