Malaysian banking sector accelerates AI adoption for smarter, ethical compliance


AICB chief executive Edward Ling. KAMARUL ARIFFIN/TheStar

KUALA LUMPUR: Malaysia’s banking industry is accelerating the use of artificial intelligence (AI) to strengthen compliance, risk management and fraud detection.

However, this must be done responsibly, with strong human oversight, said Asian Institute of Chartered Bankers (AICB) chief executive Edward Ling.

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AI , AICB , finance , digital , fraud

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