KUALA LUMPUR, September 26 — The University of Manchester South East Asia (UoMSEA) held a panel discussion in collaboration with the International Compliance Association (ICA) at the Hilton, Kuala Lumpur, focusing on the ethical implications of AI in the finance sector. Titled ‘AI & Ethics – Replacing Blood with Code’, the event was part of UoM’s Bicentenary Events Series, highlighting the growing importance of responsible AI use in industries like banking and finance, both in Malaysia and globally.

The discussion, moderated by Robin Lee of HAWK Asia-Pacific, featured industry experts including Mohammad Ridzuan Abdul Aziz of WorldRemit, Wendy Leong of Mobiva and Veriva Systems, and Zamir Rashid of Innoveam. The panelists emphasized the need for ethical frameworks in AI deployment, balancing innovation with risk, and the importance of transparency in AI algorithms to maintain trust and integrity in financial services.