Pandemic spurs asian surge in tech development
The Covid-19 pandemic has led to a dramatic acceleration of Asian companies deployment of data and digital innovation, according to a report from global management consultancy McKinsey & Company.
David Sapsted22 December 2020
The report - compiled by Faridun Dotiwala, a partner in McKinsey’s Mumbai office, and Jatin Pant and Joydeep Sengupta, senior partners in the Singapore office - is based on interviews with business leaders from some of the Asia-Pacific region s top-performing companies.The executives all voiced the opinion that the pandemic had presented unprecedented opportunities to accelerate business trends that would make the region more self-sufficient and efficient across a range of areas.The findings in the report, Emerging Stronger, Fitter, Faster: The Rise of the Asian Corporation , are of particular importance to the UK as it forms new trade relations with the Asia-Pacific region and even harbours ambitions of jo
Fintech helping banks stay on growth track By ZHOU MO in Shenzhen, Guangdong | China Daily | Updated: 2020-12-17 09:12 Share CLOSE Visitors check out fintech products at a bank s booth during a financial expo in Shanghai in September. [Photo/Xinhua]
Digitalization seen as key to keeping lenders afloat in post-COVID world
Development of financial technologies and digital transformation are vital for Chinese small and medium-sized lenders to survive and grow as competition and financial risks intensify, officials and industry leaders said.
While capable management teams, sound systems, strong risk management capabilities and a healthy corporate culture are among the core elements needed to make such commercial banks competitive, the support of fintech is vital to keep them afloat amid current financial hazards and industry competition, said Wang Zhaoxing, a counselor of the State Council, the country s Cabinet, and fo
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HONG KONG and SHANGHAI, Dec. 16, 2020 /PRNewswire/ Ping An Insurance (Group) Company of China, Ltd. (hereafter Ping An or the Group , HKEX: 02318; SSE: 601318) announced the launch of the artificial intelligence (AI) assisted clinical decision support system (CDSS), AskBob Cancer for Gastroesophageal Cancers, developed by Ping An, National University Hospital, Singapore (NUH) and National University Cancer Institute of Singapore (NCIS).
The launch took place at the Singapore Healthcare AI Expo 2020 which is organized by National University of Singapore, National University Health System and MIT Critical Data.
AskBob Doctor is an innovative breakthrough in the field of AI tumor management. Dr. Guotong Xie, Chief Healthcare Scientist of Ping An and Prof. Jimmy So, Head and Senior Consultant, Division of Surgical Oncology, NCIS, gave a live demonstration of the AskBob Cancer system to showcase how it helps oncologists make more accurate and efficient decisions in cancer