SynopsisThe Singapore-based fintech ​giant rolled out its Falcon Time-Series Transformer Model ​2.0 and has partnered with six large banks including Citi, HSBC, Deutsche Bank, ​Standard Chartered, and ⁠Barclays, according ‌to Kelvin Li, the ​firm's general ​manager of platform tech.ReutersA logo of Ant Group at its booth at China International Fair for Trade in Services (CIFTIS) in Beijing, China, September 10, 2025. REUTERS/Maxim ShemetovAnt International launched an upgraded version of its artificial intelligence model on Thursday, signing up major global banks as financial institutions accelerate the adoption ‌of ⁠specialised AI ⁠to manage liquidity risks.The Singapore-based fintech giant rolled out its Falcon Time-Series Transformer Model 2.0 and has partnered with six large banks including Citi, HSBC, Deutsche Bank, Standard Chartered, and ⁠Barclays, according ‌to Kelvin Li, the firm's general manager of platform tech.The ⁠launch comes amid an accelerating global race ​among financial institutions to embed ​AI into their core operations.Li said the model specialises in financial scenarios and has an edge over general-purpose large models, which have "yet to ‌achieve a universal breakthrough in the financial sector.""Precise forecasting can ​slash ​foreign exchange ⁠hedging and allocation costs by over 60%," Li said.Ant International, an overseas affiliate of ​the Jack Ma-founded Chinese fintech firm Ant Group, raised $1.2 billion last month in its latest equity fundraising as it seeks to expand. ...moreElevate your knowledge and leadership skills at a cost cheaper than your daily tea.Subscribe Now