I. ECB moves ahead with digital euro offline payment scheme
Ⅱ.Amazon launches ‘Automated Reasoning checks’ tool to combat AI hallucinations
III.Enterprise Singapore and other organisations launch Spark GenAI to help small and medium enterprises raise AI awareness
IV. ESG Investments to Boost Technology Finance, Green Finance, Inclusive Finance ,Aging Finance and Digital Finance
According to foreign media, the European Central Bank's latest report disclosed that it has made significant progress in the implementation of smartphone digital euro offline payment, which will be achieved by embedding a security chip into the user's device. The report says the realisation of offline functionality faces a number of technical challenges and requires the full cooperation of many parties. Offline CBDC payments will not only increase system resilience in the event of a cyber-attack, but also improve payment accessibility in less-developed regions and provide privacy protections comparable to cash.
(Source: mpaypass, December 4, 2024)
On 4 December, Amazon Web Services released a new tool designed to address the problem of hallucinations generated by AI models. At the re:Invent 2024 conference in Las Vegas, AWS introduced Automated Reasoning checks, a tool that verifies the accuracy of a model's response by cross-referencing information provided by customers.
(Source: ithome, December 4, 2024)
Recently, DBS Bank, Enterprise Singapore and Infocomm Media Development Authority announced a partnership to launch the Spark GenAI programme. The programme, which is aligned with the previously released Digital Enterprise Blueprint, aims to drive wider adoption of Generative Artificial Intelligence solutions among small and medium enterprises in Singapore.
(Source: weiyang, December 4, 2024)
ESG investment, as a sustainable investment concept, is important for achieving harmonious development of economy, society and environment. In the area of Technology Finance, ESG investments can promote technological progress and industrial upgrading by supporting technological innovation and sustainable development projects. In the area of Aging Finance, ESG investment can safeguard the rights and interests of the elderly and their quality of life through the screening of pension financial products in line with the concept of sustainable development. In the area of Digital Finance, in order to process and analyze ESG data more efficiently, financial institutions and technology companies continue to develop new fintech tools, drive fintech innovation and application, and actively promote the development of digital finance.
(Source: financialnews, December 2, 2024)
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Editor:Ms. Li Shuang, Development Dep. I of AFCA
E-mail:lishuang@afca-asia.org
Tel: +86-10-58018299