Big Data

The Monetary Authority of Singapore (MAS) and the National AI Office (NAIO) have launched a national initiative aimed at strengthened AI abilities in its financial sector.

A report by the Economist Intelligence Unit has found almost three quarters of bank IT executives believe moving to the cloud will help their companies reach their objectives.

A recent report has called on the US Congress to regulate the issuers of stablecoins and has urged agencies to assess whether the coins pose a systemic risk.

Like a wide range of other industries, the WealthTech sector has seen digitisation accelerate massively recently – with the pandemic only serving to speed up this trend.

The Central Bank of Nigeria (CBN) has unveiled its central bank digital currency (CBDC) eNaira in its pilot study named Project Giant.

Data and analytics software business Quantexa has unveiled the latest release of its data analytics platform to help companies tackle the rapid proliferation of data.

Precision payments platform Anomaly has netted $17m in seed and Series A funding as it looks to bolster its market footprint.

While digital transformation was way underway before the Covid-19 pandemic hit, the face-to-face restrictions imposed by the crisis put rocket boosters underneath digital tools designed to simplify complex manual processes normally conducted in person.

MioTech, which helps financial institutions meet ESG compliance, has secured an investment as it looks to grow in China

The monetary authorities in Hong Kong and China have agreed to create a one-stop sandbox platform to help companies develop cross-border FinTech products quicker.