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The Zhitong Finance App learned that Hong Kong Monetary Authority Vice President Yuen Kwok-hang said in his speech at the Hong Kong Bankers Summit that artificial intelligence is no longer just an aid in decisions and actions, but can be implemented. He is concerned about how banks can effectively govern AI, improve technological resilience and ensure that banking systems evolve in sync with an increasingly complex environment, how to build a trustworthy tokenization framework, and ensure data quality. At the same time, he said that the Hong Kong Monetary Authority will issue relevant practical application guidelines to help banks translate the principles of data excellence into concrete actions.
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The Zhitong Finance App learned that Hong Kong Monetary Authority Vice President Yuen Kwok-hang said in his speech at the Hong Kong Bankers Summit that artificial intelligence is no longer just an aid in decisions and actions, but can be implemented. He is concerned about how banks can effectively govern AI, improve technological resilience and ensure that banking systems evolve in sync with an increasingly complex environment, how to build a trustworthy tokenization framework, and ensure data quality. At the same time, he said that the Hong Kong Monetary Authority will issue relevant practical application guidelines to help banks translate the principles of data excellence into concrete actions.
Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.
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