INTELLIGENT TECHNOLOGY

FINANCE

The future of financial services will be shaped by how effectively institutions scale AI, modernise digital platforms and strengthen cross-border connectivity.

AI and purposeful partnerships,” said Lawrence Goh, Head of Technology and Operations, UOB.“ Together with FPT, we will explore practical opportunities to modernise our architecture, improve development productivity, scale AI responsibly and develop innovative solutions that create long-term value for our customers and businesses.”

Under the MoU, the collaboration will span a broad set of strategic areas, including AI and digital innovation in banking, digital banking transformation, fintech innovation and regional growth and ecosystem development. The initiative is designed to modernise how banking services are developed, delivered and scaled across UOB’ s key markets, leveraging AI, data analytics, intelligent automation, cloud, APIs and modern architecture.

The MoU will also establish a platform for UOB, FPT and ecosystem stakeholders to translate innovation priorities into scalable business opportunities. This includes advancing digital banking platforms, legacy modernisation, payments, digital lending embedded finance and pilot initiatives in Vietnam and other regional markets. The collaboration will further support cross-border financial services, enterprise expansion and the development of more connected, innovation-driven financial ecosystems.

“ The future of financial services will be shaped by how effectively institutions scale AI, modernise digital platforms and strengthen cross-border connectivity. Together with UOB, we aim to build more scalable, AI-first models while opening stronger pathways for innovation, enterprise growth and ecosystem connectivity across Vietnam, Singapore and the wider APAC region,” said David Nguyen, CEO of FPT Asia Pacific, FPT Corporation.

“ This MOU reflects UOB’ s strategic intent to build a future-ready bank through strong technology foundations, responsible

Singapore and the wider APAC region have been among FPT’ s strategic markets. As a leading global technology and digital transformation company headquartered in Vietnam, FPT brings strong engineering expertise and deep capabilities across AI, cloud, data, automation and modernisation to over 500 leading enterprises across various sectors. This complements UOB’ s regional banking network and supports its transformation ambitions to accelerate the adoption of advanced technologies, including Generative and Agentic AI, to enhance productivity, risk management and customer experience across the bank.

UOB and FPT’ s collaboration will further drive innovation and support growth across Vietnam and the region. This builds on UOB’ s longstanding support for Vietnam’ s development through continued investment in its local franchise, while strengthening its role as a connector of businesses and opportunities across ASEAN. •

30

INTELLIGENT CIO APAC www. intelligentcio. com