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AI News from ET - Agentic AI race by British banks raises new risks for regulator

Vishwadeep Khatri
in AI News & Two Lenses

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Britain's financial watchdog is alerting retail customers to new risks posed by agentic AI, which can make autonomous decisions. Banks like NatWest and Lloyds are preparing for customer trials of this technology, expected to launch early next year. The FCA is committed to ensuring customer interests are prioritized amidst these advancements.

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