HKMA and Cyberport Jointly Launch Generative AI Sandbox
Publication Time:2024-08-14 19:11:06
Golden Finance Report: The Hong Kong Monetary Authority (HKMA) and Cyberport have jointly launched a generative artificial intelligence sandbox. This project is personally promoted by HKMA President Yu Man-wen. Yu stated that this is an innovative initiative aimed at guiding the banking industry to actively explore and reasonably apply generative AI technology while ensuring safety. Through this sandbox, banks can test various generative AI use cases in a controlled environment and receive necessary technical support as well as customized regulatory advice. The HKMA encourages banks to actively utilize this platform to fully explore the possibilities of generative AI in risk management, fraud prevention, and improving customer experience.
Generative AI
Banking
Sandbox
HKMA
Cyberport