Artificial Intelligence and Financial Innovation in Southeast Asia: Emerging Trends in Vietnam, Cambodia, and Thailand
The rapid proliferation of artificial intelligence (AI) technologies is transforming financial sectors across the globe. In Southeast Asia (SEA), countries such as Vietnam, Cambodia, and Thailand are increasingly leveraging AI to enhance banking services, streamline regulatory compliance, and improve financial inclusion. These nations, each with distinct economic and technological profiles, present compelling case studies on how AI can catalyze development and reshape financial ecosystems. Vietnam: A Hub of Digital Financial Innovation Vietnam has emerged as a frontrunner in AI adoption within the financial sector. Driven by a burgeoning fintech ecosystem and strong government support, financial institutions are utilizing AI to offer smarter lending solutions, improve credit scoring, and develop personalized banking experiences. According to a report by the World Bank (2021), Vietnam's fintech market is expected to reach USD 18 billion by 2024, powered by mobile banking and AI-driv...