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UK FS sector embraces GenAI

·Source: Finextra

Updated:

Executive Summary

The use of generative artificial intelligence by financial services firms in the UK has exploded in the last two years, now accounting for more than half of all AI systems, according to survey from the Bank of England and FCA.

Analysis

The use of generative artificial intelligence by financial services firms in the UK has exploded in the last two years, now accounting for more than half of all AI systems, according to survey from the Bank of England and FCA.
Source Attribution

Originally published by Finextra on Oct 26, 2026.

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