Singapore’s central bank to pour $20m into AI and data as it pushes fintech growth

Singapore’s central bank to pour $20m into AI and data as it pushes fintech growth

Comments Photo credit: Tech in Asia. The Monetary Authority of Singapore (MAS) continues bringing finance and technology closer together, making sure that Singapore’s financial industry doesn’t miss the fintech train. One in three digitally active people considering themselves regular fintech users. Today’s announcements at the second annual Fintech Festival aim to show it’s still keeping up just fine: a US$20 million grant for artificial intelligence (AI) and data analytics projects, a dedicated fintech hub in the middle of Singapore’s business district, new cyber security and cross-border payments initiatives are some of the ways MAS is making Singapore’s finance industry […]

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