Singapore launches national programme to deepen AI capabilities in financial services

Singapore's Deputy Prime Minister Heng Swee Keat announced the launch of the National Artificial Intelligence (AI) Programme in Finance at the Singapore FinTech Festival and Singapore Week of Innovation and Technology (SWITCH) 2021. - AFP

SINGAPORE (Xinhua): Singapore's Deputy Prime Minister Heng Swee Keat announced the launch of the National Artificial Intelligence (AI) Programme in Finance at the Singapore FinTech Festival (SFF) and Singapore Week of Innovation and Technology (SWITCH) 2021.

The programme is a joint initiative by the Monetary Authority of Singapore (MAS) and the National AI Office (NAIO) at the Smart Nation and Digital Government Office (SNDGO). It aims to build deep AI capabilities within Singapore's financial sector to strengthen customer service, risk management, and business competitiveness.