Mark Carney’s swansong looks to the future and digital innovation

Industry News | 21/06/19

The final Mansion House speech by outgoing governor of the Bank of England Mark Carney looked to the future. His four key initiatives included reforms that could enable tech firms to open up competition and widen customer choice. Mr Carney also spoke of reviewing the way the Bank uses digital innovation such as AI and the Cloud to make the UK financial system more resilient, about stress-testing resilience against climate change, and about developing an open platform for finance to assist small and medium-sized businesses.

Source: Sky News