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Three global banks open innovation labs in Singapore

Bank of China, Deutsche Bank and Australia's Westpac see lots of fintech potential in Republic and region

Singapore

THREE global banks on Wednesday launched their respective innovation labs in Singapore amid the Singapore FinTech Festival.

Bank of China opened its first global fintech innovation lab in Singapore to spearhead its worldwide research and development (R&D) activities as well showcase its latest technologies.

The BOC Innovation Lab (Singapore) will also showcase artificial intelligence (AI), blockchain, big data and cloud technologies. The facility at BOC Building in Battery Road is staffed...

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