Tag "artificial intelligence"

Philippines’ Ayala Corp Raising US$150-M Fund for Disruptive Early-Stage Startups

The Ayala Corporation, Philippines’ oldest conglomerate, is raising a new venture capital fund worth US$150 million, dedicated towards investing into early stage startups engaged in e-commerce, as well as what the company deems as disruptive technologies; like fintech, healthtech, artificial intelligence,

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3 in 4 Banks in Asia Will Invest in Machine Learning This Year

The financial services industry is undergoing profound shifts facilitated by technologies including artificial intelligence (AI), robotics and the Internet of Things (IoT), but according to Refinitiv, AI will be the single greatest enabler of competitive advantage in the financial sector.

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The Potential of AI in Banking

Artificial intelligence (AI), an umbrella term for a host of different technologies including machine learning and natural language, holds many promises in the banking industry. Analysts estimates that AI could save the industry more than US$1 trillion by 2030. While

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Banking with Alexa: The Rise of Conversational Banking

Alexa, the virtual assistant developed by Amazon, has been expanding beyond smart speakers, pushing the use of voice assistants into all industries, including banking. And as a result, banks have been among the early adopters of Alexa-driven services with many

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SGInnovate Doubles Down on Blockchain And AI

This seems to be an exciting time to be in Singapore’s fintech. Between the Monetary Authority of Singapore unveiling its multi-nation open API, and the SGQR, the fintech scene in Singapore begins its evolution into its next phase. One of

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Vietnamese Firms Still Behind International Counterparts in Adopting Blockchain, AI: Survey

Vietnamese firms understand the need to adopt cutting-edge technologies including artificial intelligence (AI) and blockchain, yet only a few of them are actually using them, according to a report by Navigos Group, an online recruitment company and subsidiary of en-japan

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Interview: How Is Artificial Intelligence Changing the Business Landscape?

We talked to Dr Cambria ahead of his presentation at the Big Data and AI Leaders Summit (September 12 & 13, Singapore), to discuss AI and the challenges it can both solve and create. Dr Erik Cambria is an Assistant

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Hitachi Bets Big On IoT, Robotics And AI

Japanese multinational conglomerate Hitachi is going big on the Internet-of-Things (IoT), robotics and artificial intelligence (AI), which the firm believes could push business further, improve productivity, reduce costs and improves people’s lives.   The EMIEW3 robot Hitachi has developed the

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Singapore Fuels Its Artificial Intelligence Ambitions with $27 Million Grant

The Monetary Authority of Singapore (MAS) announced details of the new $27 million Artificial Intelligence and Data Analytics (AIDA) Grant under the Financial Sector Technology and Innovation (FSTI) Scheme. Mr Ravi Menon, Managing Director of MAS, announced the launch of

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TransferFriend Aims to Build The World’s Most Trusted Fintech Brand

Out of 600 million people in ASEAN, around 73% are unbanked. Artificial Intelligence (A.I.) is taking over the Financial Service industry. Singapore has been supporting this initiative for some time now through high investments in order to promote building a

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