The Financial Conduct Authority (FCA) has raised concerns over AI’s impact on insurance discrimination.AI’s ‘hyper-personalisation’ could lead to many consumers becoming ‘uninsurable.’Nikhil Rathi urges companies to…
A new market study by the Financial Conduct Authority (FCA) will examine how pure protection insurance products are sold. It follows concerns that competition in this…
OpenFi, a forward-thinking conversational AI platform based in London, recently secured £500,000 in pre-seed funding. The fresh investment is set to fuel the company’s ambitious plans…
The UK’s Financial Conduct Authority (FCA) has initiated a critical investigation into possible overcharges in car finance agreements. The focus is on broker and lender commission…
Lloyds Banking Group has strategically allocated £450 million to address potential impacts from an ongoing investigation by the UK’s Financial Conduct Authority (FCA).This move comes as…
The Financial Conduct Authority (FCA), which is responsible for the conduct supervision of all UK regulated financial firms and the prudential supervision of those not supervised by…
The Financial Conduct Authority (FCA) has found that certain Lloyds Banking Group (LBG) firms did not properly control higher risk features in financial incentive schemes for…
