With this development that focuses heavily on interconnectivity, automation and real-time data, intelligent technologies are rapidly transforming almost every facet of our life.
Research conducted by the University of Oxford found that accountants have a 95% chance of being impacted by AI technologies. Apart from the Government encouraging the masses to use e-wallets through the e-Tunai Rakyat under Budget 2020, Bank Negara announced in 2018 its plans to issue up to five licences for the operations of digital banking within the country to encourage industry players of the financial sector to put innovative technologies into use.
All students under APU’s accounting, banking and finance programmes are exposed to the essentials of FinTech through specially-designed FinTech modules, to ensure that they are not alienated by the rapid transformation happening around the financial sector when they graduate.