Artificial Intelligence
Veritas Initiative Addresses Implementation Challenges In The Responsible Use Of Artificial Intelligence And Data Analytics
The Monetary Authority of Singapore (MAS) announced the successful conclusion of the first phase of the Veritas initiative which saw the development of the fairness assessment methodology in credit risk scoring and customer marketing. Veritas, which is a part of Singapore’s National AI Strategy, aims to provide financial institutions with a verifiable way to incorporate …
COVID-19 Resilience Technology Solutions From Singapore
With the rapid spread of the pandemic which has infected more than 14 million globally to date, the world is grappling with control measures to stop the virus from further proliferation.Since 2018, the Paris Peace Forum (PPF) has brought together Heads of State, Government and international organizations with civil society and the private sector together …
Enhancing Digital Privacy By Hiding Images From AI
In one second, the human eye can only scan through a few photographs. Computers, on the other hand, are capable of performing billions of calculations in the same amount of time. With the explosion of social media, images have become the new social currency on the Internet. Today, Facebook and Instagram can automatically tag a …
A.I. Technology That Cuts Energy Use By More Than 20%, Wins Top Prize At Inaugural Innovation Challenge By ENGIE, NTU Singapore And JurongHealth Campus
A prototype that enables the air-conditioning system to be controlled by artificial intelligence (AI) took home the top prize at the inaugural ENGIE x NTU Innovation Challenge held by ENGIE Factory Asia-Pacific, the innovation arm of ENGIE Asia Pacific. In the trial environment for the challenge, the winning team EcoBuilding from Nanyang Technological University, Singapore (NTU Singapore), used a system of …
Huawei Launches New Virtual AI Academy In Singapore To Accelerate Training And Upskilling Of ICT Professionals
Huawei called for closer collaboration with its local partners to boost joint solution innovation as Singapore moves into Covid-19 economic recovery at the inaugural online Huawei Ecosystem Summit 2020. The company also announced its new Virtual AI Academy with more than 140 free online courses to accelerate training and upskilling of Singapore ICT professionals and SME’s …
MAS To Create ‘Fairness Metrics’ For AI, Analytics Adoption In Financial Services
The Monetary Authority of Singapore (MAS) will be developing “fairness metrics” in credit risk scoring and customer marketing as part of the first phase of its Veritas initiative. Veritas is a framework for financial institutions to promote the responsible adoption of artificial intelligence (AI) and data analytics. Veritas consortium members United Overseas Bank and Element …
Singapore Management University And Tradeteq To Develop Quantum Computing Credit Scoring For Trade Finance
Singapore Management University (SMU) and Tradeteq will be embarking on a project “Exploring the Advantages of a Quantum System for Machine Learning applied to Credit Scoring”, which aims to develop quantum computing-based credit scoring methods for companies. This project is supported by the Monetary Authority of Singapore under the Financial Sector Technology & Innovation (FSTI) …
Singapore To Offer The World’s Fastest Patent Application To Grant
In conjunction with the World Intellectual Property Day 2020 celebrations themed “Innovate for a Green Future”, the Intellectual Property Office of Singapore (IPOS) will offer a pilot programme to accelerate grants of patent applications in all technology fields to just six months, starting from 4 May 2020. The programme – the SG Patent Fast Track – …
TMRW’s Unique Engagement-focused Business Model Sets The Standard For Digital Banks Around The World
TMRW by UOB, the first mobile-only bank for ASEAN’s digital generation, has seen customer engagement, its key measure of success, quadruple since its launch one year ago. Engagement has also been a very powerful driver in extending TMRW’s customer base, with more than two-thirds of the digital bank’s new customers coming from the referrals of …
Social Media, Nature, And Life Satisfaction: Positive Connection Between Nature Experiences And Happiness
The economic and ecological impacts of nature on humans have long been established with prevalent environmental issues such as climate change and over-exploitation of natural resources being the first to cross one’s mind. On the other hand, much less attention has been paid to the cultural and social values nature brings to humans. Even though natural …