Jacob Parker-Bowles Fintech in Asia

  Introduction Malaysia stands at the forefront of digital transformation in Southeast Asia, particularly in the domains of finance and insurance. The rapid pace of technological advancement, paired with strategic national initiatives, has catalyzed the adoption of artificial intelligence (AI) and other digital technologies. This blog post explores how Malaysia is embracing AI to foster innovation and efficiency in its financial and insurance sectors, supported by government backing and private sector enthusiasm. Government Initiatives and Policy Support The Malaysian government has made digital transformation a national priority. Under the Malaysia Digital Economy Blueprint (MyDIGITAL) and the National AI Framework , the country aims to position itself as a regional leader in digital economy by 2030. These frameworks promote AI integration across various sectors and support innovation through funding, infrastructure development, and policy guidelines. The Bank Negara Malaysia (BN...

  Introduction Vietnam, one of Southeast Asia’s fastest-growing economies, is rapidly embracing artificial intelligence (AI) as a cornerstone of its national development strategy. In recent years, Vietnam has made significant strides in adopting AI across various sectors—from finance and healthcare to agriculture and education. Backed by strategic government initiatives, private sector engagement, and a burgeoning tech-savvy population, Vietnam is well-positioned to become a regional leader in AI innovation and implementation. This article explores Vietnam’s AI journey, highlighting its achievements, ongoing projects, and the road ahead toward sustainable, ethical, and inclusive technology-driven growth. Government Vision and Strategic Framework Vietnam’s AI ambitions are formally embedded in its National Strategy on Research, Development and Application of Artificial Intelligence until 2030 , which was approved by the Prime Minister in 2021. This landmark initiative sets a cl...