AI

Here Are The 7 Singaporean Companies Who Made it to 2021’s Top 100 AI Fintech List

Fintech information platform Fintech Global has released its inaugural AIFintech100 list, identifying the 100 most innovative companies building artificial intelligence (AI) and machine learning (ML) solutions to serve the financial services industry. Selected by a panel of industry experts and

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DBS Set to Hire Tech Talent to Bolster AI, Blockchain Capabilities Through Hack2Hire

DBS plans to hire around 150 of Singapore’s top technology talent through its Hack2Hire hackathon to bolster its AI and blockchain capabilities. Following a year-long hiatus due to Covid-19, DBS Hack2Hire will enable candidates to meet like-minded technologists and participate

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ADVANCE.AI Harnesses Dow Jones’ Compliance Solutions to Bolster Core Services

ADVANCE.AI, a Singapore-based artificial intelligence (AI) and big data company, has teamed up with Dow Jones, a global provider of news and business information, to strengthen its core suite of B2B risk and compliance products across South and Southeast Asian

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Financial Firms Should Leverage Data from Third-Party Providers

Financial services firms including banks, insurance providers and peer-to-peer (P2P) lenders are increasingly relying on predictive models built using artificial intelligence (AI) and machine learning (ML) to improve customer acquisition and retention, refine risk modeling and enhance loan application processing,

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MAS Pushes for AI Innovation With Global Challenge Ahead of Its Fintech Festival

The Monetary Authority of Singapore (MAS) in collaboration with ASEAN Financial Innovation Network (AFIN) and Accenture has announced the launch of the inaugural Global Veritas Challenge where the theme revolves around “Codifying Responsible AI”. The competition seeks to accelerate the

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How Artificial Intelligence Can Improve Your Ability To Detect Fraud

Online merchants can no longer rely on simple rule-based engines to stop fraud. Utilizing artificial intelligence is essential in protecting your business from modern fraud attempts. The tactics used to commit card-not-present (CNP) fraud have changed dramatically in the last

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Bank of Singapore Taps SAS’ AI-Powered Communications Surveillance Analytics

American multinational developer of analytics software SAS announced that Bank of Singapore, a member of the OCBC Group, will implement its artificial intelligence (AI) powered communications surveillance analytics in their training and monitoring of client representatives’ performance. SAS’ Trade and

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UOB Co-Develops AI-Powered AML Solution With Tookitaki

UOB has co-developed an artificial intelligence (AI) powered anti-money laundering (AML) solution with Singaporean regtech company Tookitaki after more than two years of rigorous validation and evaluation. The solution is said to be highly accurate in identifying suspicious transactions and

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Study: APAC Financial Institutions Embrace AI/ML

In Asia Pacific (APAC), adoption of artificial intelligence (AI) and machine learning (ML) in financial markets is accelerating. Though organizations in the Americas still lead in terms of AI/ML maturity and investment levels, those in APAC follow closely behind, according

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Singapore Organizations Adopt AI, ML Amid COVID-19 Induced Uncertainties

Amid the COVID-19 pandemic, Singapore businesses are turning to artificial intelligence (AI) and machine learning (ML) to manage consumer credit risk and deal with economic uncertainties, according to a new research by information services company Experian. Experian, which surveyed 3,000

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