07 May '18, 6pm

via @Finextra

MAS will work with the Economic Development Board (EDB), Infocomm Media Development Authority (IMDA), and the Institute of Banking and Finance (IBF) to facilitate research and development of new AI technologies and the adoption of AI-enabled products, services and processes for the financial sector. The joint effort will encompass three key prongs: developing AI products, matching users and solution providers, and strengthening AI capabilities. MAS says that its recently launched S$27 million AI and data analytics grant has garnered strong interest from the industry, with several projects already in the pipeline. Now, it hopes that the EDB can augment this programme by providing support for AI providers locally and globally. Meanwhile, the EDB and IMDA will facilitate link-ups between players in the financial and technology sectors and MAS will work closely with the IBF an...

Full article: https://www.finextra.com/newsarticle/32065/mas-looks-to-s...

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