SCB takes big AI step with subsidiary's launch

TUESDAY, SEPTEMBER 12, 2017
SCB takes big AI step with subsidiary's launch

Siam Commercial Bank has launched wholly owned subsidiary SCB Abacus to focus on artificial intelligence technology and play a role in transforming the financial sector in Thailand and elsewhere in the region.

SCB said SCB Abacus will use AI technology to enhance the efficiency of business
operations and to boost service quality.
It said the company’s ultimate goal is to become a leader in AI technology to elevate the banking and financial industry in the region to an international level.