ðŸ‡ðŸ‡° English, 15 October 2026, AI in data center
Banks unveil AI outcomes under HKMA sandbox scheme
Local banks test AI innovations in a controlled environment, including anti-deepfake detection and streamlined data platforms.
The Hong Kong Monetary Authority’s GenAI sandbox allows financial institutions to test new operational and customer service scenarios in a controlled environment.
Standard Chartered tested a new platform that generates a comprehensive summary of client issues and investment performance, reducing the time to provide advice from four to five hours to just one minute.
HSBC tested a deepfake detection tool and an AI model that translates text into sign language to assist hearing-impaired customers.