AI, human-centric design to drive innovation in finance

THE Monetary Authority of Singapore has introduced a raft of digital initiatives to fuel innovation in the country's financial services sector, ranging from developing an e-marketplace for trade-finance assets to building smarter infrastructure to enable the more convenient use of e-payments.

Homegrown cashless payment solutions firm Nets has also recently unveiled a string of new fintech offerings aimed at digitising the consumer payment experience, which include digitised debit-linked cards, QR-code payments, and a mobile wallet app.

Both examples, even as they hail from solely the finance industry, point to two ubiquitous tech trends that global consulting firm Accenture has ide…