Asian financial firms are rapidly adopting AI, with 80% launching initiatives since 2023.

Nearly 80% of Asian financial services companies have launched AI initiatives since January 2023, according to a report by Money20/20 and Acrew Capital. Out of 32 Asian companies, 25 have publicly announced AI projects, averaging 1.76 initiatives per company. Leading firms like Xero, Rakuten, Mizuho, Mitsubishi UFJ, and Paytm are at the forefront of this trend, indicating a strategic push for AI adoption in the region.

3 months ago
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