Fan Yang, Head of the European Solution Department at Global Digital Finance, Huawei, explains how a big data platform and AI platform serve as an innovation engine, driving significant advancements in product, business, and model innovation.
He showcases the rapid progress made by Chinese banks over the last three years, attributing it to the competition posed by big tech firms.
Furthermore, he presents a use case illustrating how Huawei has assisted its customer, China Merchants Bank, in their journey toward digital transformation.
Innovation powered by data and AI: A look at Huawei's impact on banking
Related news & insights
How Tokyo Star Bank is thriving by offering real estate loans to foreign investors in Japan
This unique offering has proven to be a successful growth strategy for the bank, helping it stand out in Japan’s...
UOB launches programme for upskilling employees and transforming careers
This comprehensive 12-month initiative, which includes customized learning paths and coaching, is aimed at helping employees transition into new roles...
Santander debuts Openbank in the U.S.
Openbank will provide U.S. customers with a high-yield savings product, coupled with an intuitive and secure digital experience.
APRA reports significant decline in bank branches across Australia
The report, which tracks physical banking service channels like branches, ATMs, and EFTPOS facilities, highlights the ongoing shift away from...
The death of the banks: A look at the changing face of consumer banking in the U.S.
A recent report from Self explores how consumer banking has changed since 2000. The findings paint a clear picture of...
AIB to invest €40m in modernizing Irish branch network
The investment will focus on upgrading branches and ATMs as part of the bank’s commitment to maintaining physical locations while...
MassMutual offers AI-guided mental health support to policyowners
This offering is a significant addition to MassMutual’s Health and Wellness Program, designed to empower policyowners to take charge of...
Banca Widiba and iGenius partner to transform financial services with Generative AI for business intelligence
The collaboration is aimed at enhancing Widiba’s BI solutions by incorporating cutting-edge AI technologies to simplify data access and improve...