HKMA picks 10 banks, 4 tech firms as Hong Kong evaluates commercial benefits of GenAI

HKMA picks 10 banks, 4 tech firms as Hong Kong evaluates commercial benefits of GenAI

The Hong Kong Monetary Authority has picked 10 banks and four technology partners to test more than a dozen use cases for generative artificial intelligence (GenAI) in the financial services sector. HSBC, Bank of China (Hong Kong) and Standard Chartered will pilot several intelligent applications and systems in a sandbox as part of a plan … Read more