Industry Insight: Why AI-driven intelligence is the new competitive edge for banks
Update: 2025-11-18
Description
Sumitomo Mitsui Financial Group’s move to acquire a majority stake in Singapore-based kAIgentic signals a major shift in finance: banks are no longer just automating tasks — they’re building intelligence into the core of their operations.
On Industry Insight, Lynlee Foo speaks to Ahmed Mazhari, Groupwide AI Transformation Advisor, Sumitomo Mitsui Financial Group, Inc and Kazuya Ikeda, Head of AI Transformation, Sumitomo Mitsui Banking Corporation to find out what this means for the future of banking as institutions race to embed reasoning systems that are both powerful and accountable.
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