AI
5 APAC Companies Make 2023 Top AI Fintech Companies List
The rise of artificial intelligence (AI) these past couple of years has been one of the most significant technological revolutions in recent history, promising a substantial impact on productivity, employment and innovation. Across all sectors, the fintech industry has been
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Singlife and Microsoft Supports Budding Insurtechs to Adopt Generative AI
Homegrown financial services company Singlife has partnered with Microsoft to support high-growth insurance startups to adopt generative artificial intelligence (AI). Singlife will work with Microsoft to identify startups for Singlife Connect Plus (SCP) programme, an advanced version of the Singlife
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How AI is Reshaping Banking in 2023
In recent years, the Artificial Intelligence (AI) growth in the finance market has been considerable, with the sector projected to expand to an astonishing US$ 1,591.03 billion by 2030 at a Compound Annual Growth Rate (CAGR) of 38.1 percent. A study
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Crypto.com to Set up Global Innovation Lab for Blockchain, WEB3.0 and AI Projects
Digital asset exchange Crypto.com announced that it will establish its first Global Innovation Lab in Singapore, making the city-state its designated global R&D hub. The new lab will be focused on identifying novel applications for blockchain, WEB3.0 and AI as
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MAS Releases Open-Source AI Toolkit to Promote Responsible Use in Finance Sector
The Monetary Authority of Singapore (MAS) has released an open-source toolkit to enable the responsible use of Artificial Intelligence (AI) in the financial industry. The Veritas Toolkit version 2.0 comes on the back of an earlier version released in February
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AWS Invests US$100 Million for Generative AI Innovation Center
Amazon Web Services (AWS) announced that it will invest US$$100 million in its AWS Generative AI Innovation Center. The new programme aims to help companies successfully build and deploy generative artificial intelligence (AI) solutions. The programme will connect AWS AI
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MAS Now Accepting Applications for AI-Focused Global Fintech Hackcelerator 2023
The Monetary Authority of Singapore (MAS) has launched today the 8th edition of the Global Fintech Hackcelerator where finalists will pitch their solutions during Demo Day at this year’s Singapore Fintech Festival. Titled “Artificial Intelligence (AI) in Finance Global Challenge”,
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MAS and Google Cloud Partner on Generative AI for Financial Sector
In a collaborative move aimed at harnessing the power of generative AI, the Monetary Authority of Singapore (MAS) and Google Cloud have entered into a Memorandum of Understanding (MoU). The focus is on developing responsible solutions and upskilling technologists in
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finbots.ai Partners Sathapana Bank to Make Foray Into Cambodia
Cambodian commercial bank Sathapana Bank has partnered with finbots.ai, an AI-powered credit scoring software provider backed by Accel, to bolster its credit risk management. With finbots.ai’s AI- led credit modelling platform credit, Sathapana Bank will be able to better assess
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MAS Launches Programme to Build AI Talent Pipeline for the Financial Sector
The Monetary Authority of Singapore (MAS) has launched the Financial Sector Artificial Intelligence and Data Analytics (AIDA) talent development programme. The programme aims to to build deep AI capabilities in the financial sector, addressing the shortage of AIDA talent which
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