#cryptonews
During its annual Technology Work Conference on March 17, the People’s Bank of China (PBOC) outlined its 2025 financial technology agenda, prioritizing the integration of large-scale machine learning models into financial services.
It proposed increasing IT capabilities to support regulatory roles while introducing advanced automation in financial processes under controlled conditions.
This comes after the November 2024 publication of the Action Plan for Promoting High-Quality Development of Digital Finance, which seeks to align the financial system with China’s broader objectives for the digital economy by 2027.
PBOC officials stated that artificial intelligence technology would improve security, streamline operations, and advance digital finance.
Over 20 banks have implemented DeepSeek’s models for fraud detection, business process optimization, and customer service automation. Financial institutions are applying artificial intelligence to enhance decision-making and improve risk management, reflecting the industry’s broader shift toward automation.
Following these developments, financial institutions—particularly with players like DeepSeek—have begun integrating artificial intelligence into their services.
Industry experts predict that the steady integration of artificial intelligence will gradually reshape traditional banking operations, streamlining procedures and refining strategic approaches.
Banks are deploying automation not just for customer service but also in critical areas like risk assessment, fraud detection, and decision-making.