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The financial services sector is experiencing transformative changes driven by technological advancements and innovative trends. Additionally, the emergence of embedded finance and an increased focus on regulatory compliance are compelling financial institutions to continuously adapt and innovate.
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million grant to banks in order to promote artificial intelligence and data analytics projects, as proposed by Ravi Menon, managing director for the Monetary Authority of Singapore (MAS) yesterday. The grant, called the Artificial Intelligence and Data Analytics Grant, will be reserved for financial institutions based in Singapore.
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