Studies

Singapore Outpaces Australia, US, and UK in Generative AI Trust, FIS Study Shows

A recent study by global payments service provider FIS found that Generative AI in Singapore exhibits higher rates of trust amongst its citizens compared to their counterparts in major markets such as Australia, the UK, and the US. The study

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Will Generative AI Fundamentally Reshape Banking?

A technology revolution is underway that stands to transform the banking industry fundamentally. Generative AI, which burst onto the scene in early 2023, leverages advanced natural language models to automate a vast range of cognitive tasks. As this versatile innovation

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6 Fintech Resources in Asia to Read in Preparation for 2024

In the dynamic world of fintech, staying informed about the latest trends and challenges is crucial for businesses and individuals alike. This guide delves into a curated list of five influential fintech reports and whitepapers, with each of the resources

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Addressing the Silent Crisis of Failed Payments

In a global financial landscape where efficiency and accuracy are paramount, the challenge of failed payments is a significant hurdle for small and medium-sized enterprises (SMEs) and financial institutions (FIs), particularly in a vibrant market like Singapore. This issue transcends

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Beyond Queries: How ChatGPT in Banking Unleashes Innovation

Financial services companies are increasingly taking advantage of ChatGPT and similar solutions. These technologies allow for the easy integration of corporate data into AI assistants, enhancing the utility of large language models (LLMs) for various applications. While consumers are rapidly

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Beyond Onboarding: Maximising Customer Value through Risk Decisioning in APAC

Discussions about risk decisioning platforms often center around onboarding and loan origination. However, investing at the start of the journey is just one aspect of the puzzle. Growth relies not only on attracting new customers but also on maximising the

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Global ESG Fintech Investment Expected to Exceed US$ 100 Billion This Decade

Despite high-interest rates, plunging fintech valuations, and a slowdown in external deal activity, the environmental, social and governance (ESG) fintech sector is proving resilient and continuing to thrive as evidenced by the ESG fintech investment reaching an all-time high just

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The Key Factors Driving Wealthtech in the Philippines

The Philippines’ wealthtech sector, which somehow still remains at a nascent stage of development, is poised to witness strong growth in the mid- and long-term, driven by booming demand for digital financial services, growing wealth and economic development, and rising

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Deepfakes, Advanced Forgeries Emerge as Leading Identity Fraud Trends in Asia Pacific

As technologies such as AI continue to advance, so too does the sophistication of identity fraud which is in line with the evolving fraud trends in Asia Pacific. The past few years have shown a concerning trend, with the rate

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Singapore Fintech Report 2023: Pioneering Digital Currencies and Cross-Border Linkages

The Singapore Fintech Report 2023 examines a significant year for the space in Singapore. With one of the most advanced and innovative fintech ecosystems in the world, an enhanced focus on digital money and assets, increased adoption of new technologies,

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