Banking regulators in Hong Kong have issued eight virtual banking licences since March. Some permit holders are expected to be operational later this year. Photo: David Wong

Can you spare some AI? Ping An OneConnect says it has the powerful tools to help other banks manage risk

  • The virtual bank licence holder is developing a range of technology that can help manage fraud and loan default risks
  • Artificial intelligence, blockchain and micro-expression recognition among technologies that can be harnessed
Topic |   Hong Kong Monetary Authority (HKMA)

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Banking regulators in Hong Kong have issued eight virtual banking licences since March. Some permit holders are expected to be operational later this year. Photo: David Wong
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