AI

4 Ways Alternative Data Is Improving Fintech Companies in APAC

Various categories of fintech firms – Buy Now, Pay Later (BNPL), digital lending, payments and collections – are increasingly leveraging predictive models built using artificial intelligence and machine learning to support core business functions such as risk decisioning. According to

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APAC Financial Institutions Struggle to Make Use of Their Data in a Timely and Effective Manner

Despite realizing the opportunities brought about data and analytics, banks and financial institutions in Asia-Pacific (APAC) are still struggling to draw critical insights from their data in an effective and timely manner. This is one of the findings drawn from

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Affin Bank Partners MYTHEO to Offer Robo-Advisory for the Mass Affluent

Affin Bank announces that it has formed a collaboration with GAX MD (MYTHEO), a robo-advisor regulated by the Securities Commission Malaysia. MYTHEO is an algorithm-driven and automated discretionary investment portfolio management services powered by Artificial Intelligence (Al). This collaboration is

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Artificial Intelligence as a Catalyst to Accelerate Financial Inclusion

The use of Artificial Intelligence (AI) in financial services is all over the news, with some reports estimating it to be a US$450 billion opportunity. But what’s the real story around what AI can do? Beyond just automating certain processes, AI

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How Do You Approach Your Data in a New Way by Making It Smarter

In the era of rising customer expectations and savvier consumers, financial organisations are under increased pressure to provide customers with hyper-personalised experiences. In fact, more than half of customers expect to always have personalised offers and 66 percent expect companies

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Kenanga Debuts Its AI-Driven Robo-Advisor

Kenanga Investment Bank announced that it has launched its AI-driven robo-advisor that aims to simplify how Malaysians save and invest. The Kenanga Digital Investing (KDI) is licensed by the Securities Commission Malaysia and offers two products – KDI Save and

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Robo-Advisor MYTHEO Introduces New AI-Based ESG Portfolio

MYTHEO, a robo-advisor regulated by the Securities Commission Malaysia, has launched a fully AI-based Environmental, Social and Governance (ESG) themed portfolio known as the MYTHEO Global ESG. The firm claims to be the first in the country to do so.

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CIMB’s EVA Chatbot Is Now Available To SME Customers

CIMB Bank and its Islamic subsidiary have introduced the EVA chatbot for small and medium enterprise (SME) customers, a conversational style and real-time commercial banking chatbot in Malaysia. EVA was first launched for retail customers in 2016 and was updated

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UOB Malaysia Launches AI-Driven Financial Management Tool on Mobile App

United Overseas Bank Malaysia (UOB) has launched Mighty Insights, an artificial intelligence (AI)-based digital banking service to help their customers better manage their finances. Malaysia is the second market to launch Mighty Insights. The service is driven by the same

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