AI News

On 13 November 2025, the Monetary Authority of Singapore and the Singapore FinTech Association announced the winners of the Global FinTech Hackcelerator and the FinTech Excellence Awards at the Singapore FinTech Festival. The awards celebrate innovative solutions developed by financial institutions, technology firms and individual leaders shaping the FinTech landscape. The Global FinTech Hackcelerator focused on artificial intelligence for financial services and featured seventeen finalists pitching on Demo Day. Three winning teams received eighty thousand dollars each. The FinTech Excellence Awards recognised solutions that advance inclusivity, sustainability, regulatory strength and emerging technology adoption. Eight winners were selected by an international judging panel from one hundred and fifty five submissions.

On 13 November 2025, the Bank of England, the Monetary Authority of Singapore and the Bank of Thailand announced a joint initiative to explore synchronised settlement mechanisms for foreign exchange transactions, under Project Meridian FX and aims to test settlement models that link real time gross settlement systems with distributed ledger based environments. The participating central banks will assess interoperability across their systems and examine multilateral use cases involving different settlement infrastructures.

On 13 November 2025, the Monetary Authority of Singapore and the Deutsche Bundesbank signed a Memorandum of Understanding to collaborate on cross border digital asset settlement. The MoU aims to enhance international financial transactions, including flows between Singapore and Germany. The MoU focuses on developing settlement solutions that reduce cost and processing time for cross border transfers. It also promotes common standards for payments, foreign exchange and securities settlement involving tokenised assets.

On 13 November 2025, the Monetary Authority of Singapore announced the successful completion of a live trial for settling interbank overnight lending transactions using wholesale central bank digital currency. The trial took place on the Singapore Dollar Test Network, an operational shared ledger designed to support settlement of tokenised financial assets. DBS, OCBC and UOB participated in the pilot and recorded the first live issuance of Singapore dollar wholesale central bank digital currency in their official books and regulatory filings.

On 13 November 2025, the Monetary Authority of Singapore outlined its vision for the next decade of financial innovation during the second day of the Singapore FinTech Festival. The remarks by Managing Director Chia Der Jiun elaborated on the festival’s growth into a global platform and traced the evolution of Singapore’s FinTech ecosystem since 2016.

On 12 November 2025, the Monetary Authority of Singapore set out its climate finance priorities at the COP30 Singapore Pavilion during Finance Day. The opening speech by Managing Director Chia Der Jiun titled “From Pledges to Projects: The Role of Credible Financing Solutions, Capabilities, and Capital” stating the need to convert global climate pledges into investable projects.

On 29 May 2025, the United States Commodity Futures Trading Commission (US CFTC) Commissioner Kristin Johnson delivered keynote remarks at the Federal Reserve Bank of Dallas Symposium on “Exploring AI Risks and Opportunities Across the Digital and Cyber Landscape.” Commissioner Johnson outlined the US CFTC’s evolving supervisory priorities regarding the rise of generative AI (GenAI) and agentic AI, placing particular emphasis on the dual nature of AI as both a regulatory opportunity and systemic risk. The address offered detailed insight into how the US CFTC interprets AI's growing footprint in financial supervision, cybersecurity resilience, third-party risk governance, and operational compliance—signalling a proactive but cautious regulatory direction. The US CFTC has made clear that AI is no longer speculative, it is operational. Commissioner Johnson categorised AI development into three strategic epochs: traditional machine learning, GenAI, and now agentic AI. While recognising...

On 24 April 2025, the Swiss Financial Market Supervisory Authority (FINMA) published a Press release discussing the findings from its survey on the use of artificial intelligence (AI) across the Swiss financial sector. The survey, conducted between November 2024 and January 2025, involved approximately 400 regulated financial institutions, including banks, securities firms, insurers, fund managers, and financial market infrastructures. It provides a data-driven view of AI adoption, related risks, and the supervisory outlook in Switzerland. FINMA in its report states that around 50% of surveyed institutions are currently using AI in their daily operations, with an additional 25% planning adoption within the next three years. Institutions report, on average, five applications in active use and nine under development. AI usage is notably more advanced among larger entities, while smaller institutions rely predominantly on external providers and outsourced AI solutions. Moreover, 91% of...

On 24 April 2025, Commissioner Kristin N. Johnson of the United States Commodity Futures Trading Commission (US CFTC) delivered a powerful speech at the Africa Fintech Summit 2025 in Washington, D.C., calling for deeper international collaboration in artificial intelligence (AI), fintech innovation, and inclusive digital asset development. The Africa Fintech as a platforms for dialogue among entrepreneurs, investors, and regulators, Commissioner Johnson underscored Africa’s unique role as a global hub of fintech creativity, noting the continent’s accelerating influence in reshaping the financial services landscape. Reflecting on her personal journey from family entrepreneurship to a federal commissioner overseeing derivatives markets with notional values exceeding $730 trillion globally, Johnson highlighted the exponential growth of emerging technologies—including blockchain, cryptocurrencies, and AI—in transforming financial systems. She noted that the US CFTC’s remit is evolving,...

On 27 March 2025, Acting Chairman of the United States Securities and Exchange Commission (US SEC), Mark T. Uyeda, delivered the keynote address at the Commission’s Roundtable on Artificial Intelligence in the Financial Industry, held in Washington D.C. Addressing an audience comprising in-person and virtual participants, US SEC Acting Chairman Mark T. Uyeda discussed the US SEC’s commitment to informed, innovation-supportive regulation, particularly in the face of rapidly evolving artificial intelligence (AI) technologies across financial markets. US SEC Acting Chairman Mark T. Uyeda began by placing the current discourse on AI within a broader historical context. He noted that the integration of emerging technologies into US financial markets is not unprecedented, referencing earlier innovations such as the stock ticker machine, telephone networks, and electronic trading systems. According to him, the capacity to adopt and adapt to new technologies has been a key driver in...