LedgerBrains AI Consortium co-founder Dr Kam Hong (KH) Shum and Consortium member Mr Calvin Cheng, Founder and CEO of Wizpresso joined fellow panel speakers Michael Heaney of Ernst & Young and Mohd Azil Noor Salleh of SME Bank Malaysia at the “AI-powered Alternative Credit Scoring of MSMEs” breakout session moderated by Ts Othman Abdullah of Silverlake Group.  

Expert speakers discussed how financial credit scoring is being revolutionized by Machine Learning with alternative data and assisted by AI agents. 

 “Machine Learning is enabling banks to gain more insights into the creditworthiness of micro, small and medium enterprises using alternative data, making access to loans more inclusive. This approach is increasingly recognized in both developed and emerging economies.” Dr KH Shum 

“The adoption of AI boils down to transferring your expert knowledge to a digital agent and using the agent to create new products, streamline workflows and manage risks.” Mr Calvin Cheng