The initiative seeks to accelerate responsible artificial intelligence (AI) deployment and expand Singapore’s financial research and development (R&D) ecosystem.

Standard Chartered Bank has formed a three-year partnership with the Agency for Science, Technology and Research (Astar), Singapore’s public sector R&D agency, to accelerate AI R&D across the financial industry. The strategic collaboration builds on prior successful projects  The strategic collaboration builds on prior successful projects between the UK bank’s innovation, fintech investment and ventures arm, SC Ventures, and Astar Institute of High-Performance Comput