Sign up for the Daily Newsletter, sent exclusively to our premium subscribers. We break down the big and messy topics of Asia’s tech and startup community. Get the newsletter in your inbox everyday with a premium subscription.
Hello reader,
Do you enjoy dealing with your bank?
I’ve always found it a painful process, whether the bank is in Ireland (where I grew up), England (where I went to university), or Vietnam (where I now live). Maybe it’s a pleasant experience for people who have a few more zeroes in their accounts, but speaking to my bank has always been like drawing blood from a stone.
Generative AI may be the solution to most of my banking woes, and financial institutions are already investing in the trendiest tech on the market.
AI chatbots using the latest large language models could save banks money, save customers from excruciating phone calls with customer service, and more.
Today’s featured piece looks at how AI could transform the banking industry even though the tech is still in a regulatory gray space.
Today we look at:
- How banks are transforming their sector via AI
- Why healthtech startup Doctor Anywhere’s losses have doubled
- Other newsy highlights such as Hmlet’s big rebrand and how focusing on premium content is paying off for Spotify
— Peter
But before we dive into the rest of today’s news, stay a while and listen: Tech in Asia’s annual conference is back and better than ever!
We’re hosting it in Jakarta from October 18 to 19. We’re welcoming everyone to the event, which will feature a star-studded lineup of speakers and insightful sessions you’ve come to expect from us. To get your early bird tickets, visit our site here.
Premium summary
AI’ll be bank
Image credit: Timmy Loen
Sick note
Quick bytes
Stay updated on the go with our mobile app.
Get latest insights with smoother, more personalized experience through TIA mobile app.
