Singapore AI Hub for Finance Launched by MAS to Boost Sector Innovation

Singapore AI hub for finance has been launched by the Monetary Authority of Singapore (MAS) to accelerate artificial intelligence adoption across the financial industry. Developed under the PathFin.ai programme, now involving more than 80 financial institutions, the hub offers peer-validated use cases in risk management, sales, and operations. It will be expanded to include new case studies, resources, and workforce planning tools to help institutions deploy AI efficiently. MAS will also issue supervisory guidelines on AI risk management later this year and release a practitioner-led handbook under Project MindForge. Minister Chee Hong Tat said the initiative supports responsible AI use, fosters innovation, and equips Singapore’s financial workforce for the AI-driven economy.