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Monday, May 6, 2024

SCBX announces a collaboration with Stanford HAI, a world-class research institute.

SCB X Public Company Limited or SCBX reinforces its important goal to become a leading financial technology group in the region. Recently, it announced an important collaboration with the Stanford Institute for Human-Centered AI (HAI), a world-class educational institution, where SCBX is the first international member. (international member) in the Financial Services & AI Corporate Affiliate Program with a commitment to be at the forefront in the development of AI and Fintech technologies, with the ultimate goal of being a driver of innovation in the industry. This cooperation is a continuation of the strategy of “Mother Vehicle” to build competitiveness and stay ahead of competitors in the industry. ready to transform into a real technology company in the end

From this collaboration, SCBX will be able to access modern research. exchange of academic knowledge especially in terms of financial technology It will cover a wide range of topics including Foundation Models, AI safety, Fintech, Blockchain, Sustainability and Insurance. until the opportunity to visit for academic purposes at Stanford HAI, USA as well

Dr. Arak Sutivong, Deputy Chief Executive Officer of SCB X Public Company Limited, said, “SCBX’s main goal is to lead the organization into a leading financial technology group in the region. which to be a technology company New experimentation is therefore very important in the transition to a technology organization. We are delighted to announce a partnership with the Stanford Institute for Human-Centered AI (HAI), a leading global institution that specializes in deep, technology-related research. This cooperation is in line with and in line with SCBX’s “Mother Vehicle” strategic plan and in line with the organization’s overall plan. to transform into a true technology company.”

Mr. James Landay, Vice Director and Director of Research, Stanford HAI said, “We are very excited to have SCBX join the Financial Services & AI Corporate Affiliate Program. Artificial Intelligence (AI) will make a drastic change in the banking industry. We need academics and industry experts to talk and collaborate more closely to ensure that this technology is designed, built and implemented with a human-centered mindset.”

Mr. Dennis Thorsten Trawnitschek, Chief Technology Officer, SCB X Public Company Limited added that “This collaboration is the first step in SCBX’s commitment to becoming a leading regional financial technology group. Collaboration with Stanford HAI will enable experimentation with new technologies. while enhancing our technological capabilities Especially in the dimension that we are interested in, such as Blockchain, Artificial Intelligence (AI) and Climate Technology, etc. This cooperation aims to research and study technology. deep together Ready to continue to create innovations and new solutions that can be applied to businesses and develop into financial products and services of the future world. It also includes enhancing the development of human resources. ready to help attract talent to the SCBX group.”

While Panos Madamopoulos-Moraris, Managing Director for Industry Programs and Partnerships, Stanford HAI, said, “One of the key goals of the partnership program is to Helping businesses bridge the gap between the rapid research and development of artificial intelligence (AI) technology and the speed at which it can be effectively implemented. This can be a greater challenge for traditional industries, especially those outside of the United States. For this reason, we are very excited to welcome SCBX as our first international member.”

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