Urgent.News

What's breaking now, across thousands of outlets.

AI

Edvance and CWG introduce RealRelay financial artificial intelligence platform

Technology vendors Edvance and CWG launched the RealRelay financial platform deploying tested artificial intelligence agents compliant with Monetary Authority of Singapore governance standards

On October 17, Edvance International Holdings Limited (HKEX: 1410) and CWG Innovations Pte. Ltd. jointly launched RealRelay Fintech, a financial artificial intelligence platform. RealRelay Fintech is the third vertical on the RealRelay.ai platform, which enables organizations to build, test, and run AI agents without writing code. The launch event was held at a youth AI event in Singapore, organized by the Digital Defence Alliance Singapore and the National Youth Council.

At the event, participants were given a simulated fraud case and asked to use agentic AI to investigate the incident. They were able to process tens of thousands of transaction records, trace money, flag inconsistencies, and demonstrate the process—all within hours. In contrast, a manual audit would take an team weeks to complete the same task.

RealRelay Fintech aims to automate slow, manual, and error-prone tasks such as account reconciliation, document verification, and identifying exceptions. The platform's Trust and Control Layer ensures that the AI agents' behavior is thoroughly tested and monitored before deployment, providing transparency and control for institutions. This approach allows banks, funds, and other financial institutions to adopt AI technology while maintaining trust and compliance with regulatory guidelines.

Written by urgent.news from Vietnam Investment Review's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at vir.com.vn →

More in AI

What Dussehra knows about building with AI

Every October the effigy goes up in the ground near my home in Akola, forty feet of bamboo and paper, and every October I watch it burn with a few hundred people and think about nothing at all.

  • Dussehra festival mirrors software development process and AI tools
  • Ravana's downfall highlights discrepancy between capability and judgement
  • Ten common AI-assisted work issues require judicious oversight

More from Tuesday 20 October →