Free Newsletter Get the hottest Fintech Singapore News once a month in your Inbox The Monetary Authority of Singapore (MAS) has worked with 24 financial institutions, alongside other industry partners, to develop a toolkit for managing AI risks across the financial sector. The toolkit marks the conclusion of phase two of Project MindForge and is…
Figurines with computers and smartphones are seen in front of the words ‘Artificial Intelligence AI’ in this illustration taken, February 19, 2024. PHOTO: REUTERS KARACHI: The rapid rise of “vibe coding,” a practice where users build applications by simply describing ideas to artificial intelligence (AI) tools that generate and execute code, is lowering barriers to…
In 2023, when Christian Terwiesch, a Wharton School professor, asked ChatGPT to explain an industrial bottleneck concept, he gave its response an A+. “Not only is the answer correct, but it is also superbly explained,” he wrote in a paper on his experiment. Since then, generative AI’s growth in terms of capabilities and numbers of…
“Brain fry” is a new workplace phenomenon linked to heavy AI use, defined as mental fatigue caused by excessive interaction with or oversight of AI tools. About 14% of AI-using workers report experiencing it, with symptoms including mental fog, headaches, and slower decision-making. Researchers say the risk rises when workers juggle multiple AI tools or…
By Jamie Hoyle, VP of Product, Mirrorweb Financial advisors are using AI tools to draft client communications, create presentations, and summarize research. Portfolio managers are generating more detailed analysis in less time. This wave of AI adoption in financial services creates real value – faster response times, more thorough documentation, better client service. The operational…
Bybit said it blocked or disrupted more than $300 million worth of suspected scam-related withdrawals in the fourth quarter of 2025 after rolling out an AI-assisted risk monitoring system designed to flag malicious transactions before funds leave the exchange. In a company blog post, Bybit said its system flagged about $500 million in withdrawal requests…
A quiet change in how Google’s cloud services interact has opened an unexpected security gap, putting thousands of organisations at risk of data exposure and mounting AI bills. Security researchers have found that publicly visible Google API keys, once considered low risk, can now be used to access Gemini AI if the generative AI service…
While this sounds promising, it’s also where some of the biggest risks are emerging. Agentic testing introduces unpredictability into a process that depends on clear pass-or-fail results. While good prompting and careful temperature settings can guide agents toward more deterministic behavior, they remain sensitive to subtle changes in context — a slightly delayed loading state,…
As South Africa prepares for the 2026 Local Government Elections, the rise of generative artificial intelligence (AI) and its use in hyper-local disinformation campaigns has emerged as a key concern for the Electoral Commission of South Africa (IEC). IEC Chairperson Mosotho Moepya warned that the 2026 polls are likely to see a shift from broad…
How AI has Supercharged Phishing Against K–12 Schools Thanks to generative AI, attackers are now able to change domains and the message slightly, endlessly churning out near-duplicates of the same scam. “It’s just similar enough that we can definitely feel the pain, but it’s different enough that the automation that we have in place…
