In the latest episode of the EY NextWave Banking in Asia-Pacific podcast, EY Asean Financial Services Managing Partner Sumit Narayanan, and Bank of Singapore’s Managing Director and Head, Platforms & Integration, Karthik Shenoy, explore the growing synergy between artificial intelligence (AI) and sustainability in the ASEAN banking sector. The discussion highlights how banks are leveraging AI to advance sustainability initiatives, reduce their environmental footprint, and promote responsible practices across environmental, social, and governance (ESG) dimensions. The conversation also delves into the social impact of AI, including enhancing diversity, equity, and inclusion (DEI) through AI-driven recruitment platforms and career marketplaces.

Discover how AI is poised to drive systemic change in the banking sector, from optimizing energy usage in data centers to improving risk management and creating personalized sustainable investment portfolios. This episode provides valuable insights into the future of AI and sustainability, and the collaborative efforts needed to achieve long-term sustainability goals.

New research from EY and Bank of Singapore reveals the opportunities and challenges of AI in sustainability, highlighting initial priorities for banks in the region.

Download the report here: https://info.ey.com/ey-bank-of-singapore-report-integrating-artificial-intelligence-into-sustainable-solutions-enabling-sustainability-in-the-digital-age.html?WT.mc_id=17501856&AA.tsrc=microsite

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In this episode, host Andrew Gilder – Partner, Financial Services, Ernst & Young Australia and Shin Yamazaki - Managing Director and Head of Transaction Banking Asia-Pacific at SMBC delve into the EY Voice of the Treasurer Survey, revealing insights from CFOs and treasurers across seven markets. Tune in for an in-depth discussion on private credit, sector-specific solutions, AI integration, and ESG-focused investments.

Download the full report to get more actionable insights - https://www.ey.com/en_gl/future-of-treasury-services-opportunity-for-banks.

If you would like a conversation on how EY teams can help your bank explore transformative trends in treasury management, please contact Patricia Tay, EY Asia-Pacific Banking and Capital Markets Leader or Abhay Chauhan, EY Asia-Pacific Corporate, Commercial and SME Banking (CCSB) Leader via LinkedIn or visit www.ey.com/banking.

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In this episode, Nick Davison, EY Oceania Financial Crime Leader and Duncan Jepson, Founder of Liberty Shared, dive into the societal impact of financial crime and the innovative strategies being employed to combat it. Join them for an in-depth exploration of the changing face of financial crime over the past two decades, focusing on the rise of cyber-scamming and forced labor as the latest trends. Understand the critical role that banks and big data play in combating these economic transgressions.

If you would like a conversation on how EY teams can help your bank adapt to these challenges and drive effective action, please contact Andrew Gilder, EY Asia-Pacific Banking and Capital Markets Leader via LinkedIn or visit www.ey.com/banking.

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