Less I robot, more I banker

More: Hmlet’s big rebrand. [Read from your browser]( Daily Newsletter --------------------------------------------------------------- Welcome to Tech in Asia's free Daily Newsletter! Get full access to our subscribers-only Daily Newsletter and other insightful analysis on the big and messy topics of Asia’s tech and startup community by [registering here](. --------------------------------------------------------------- IN FOCUS In today's newsletter, we spotlight: - [How banks are transforming their sector via AI]( - Why healthtech startup Doctor Anywhere’s losses have doubled - Other newsy highlights such as Hmlet’s big rebrand --------------------------------------------------------------- Hello {NAME} Do you enjoy dealing with your bank? I’ve always found it a painful process, whether the bank is in Ireland (where I grew up), England (where I went to university), or Vietnam (where I now live). Maybe it’s a pleasant experience for people who have a few more zeroes in their accounts, but speaking to my bank has always been like drawing blood from a stone. Generative AI may be the solution to most of my banking woes, and financial institutions are already investing in the trendiest tech on the market. AI chatbots using the latest large language models could save banks money, save customers from excruciating phone calls with customer service, and more. Today’s featured piece looks at how AI could transform the banking industry even though the tech is still in a regulatory gray space. -- Peter But before we dive into the rest of today’s news, stay a while and listen: Tech in Asia’s annual conference is back and better than ever! We’re hosting it in Jakarta from October 18 to 19. We’re welcoming everyone to the event, which will feature a star-studded lineup of speakers and insightful sessions you’ve come to expect from us. To get your early bird tickets, visit our site [here](.  ---------------------------------------------------------------  THE BIG STORY [How generative AI can transform banking via bots and streamlining the backend]( This new tech can transform how banks operate, but concerns over regulation, data security, and systemic biases will act as a constraint. --------------------------------------------------------------- TRENDING NEWS [Doctor Anywhere’s FY 2022 revenue up 62%, losses widen to $33m]( A surge in costs related to tech staff drove up its operating expenses in 2022, the healthtech company told Tech In Asia. [Hmlet rebrands to Habyt, names ex-Uber head as APAC CEO]( The Singapore-based flexible living firm operates over 8,000 units across 20 cities in Asia and Europe. [Coda Payments’ FY 2022 profit shrinks 63%, revenue stalls]( The company’s expenses also grew over 2x to US$68 million for the 15-month period from October 1, 2021 to the end of 2022. [Sequoia’s Chinese unit to set up base in Singapore]( The move could put HongShan in competition with Peak XV Partners, which also covers India and Southeast Asia, a Financial Times report noted. ---------------------------------------------------------------  VISUAL STORY OF THE DAY [Southeast Asia’s top-funded tech companies in the last decade]( As investors in Southeast Asia race to back the next industry leader, which tech firm will claim the region's funding crown? ---------------------------------------------------------------  EVENTS HAPPENING You can also check out a curated list of trending tech events [over here](. - [Tech in Asia’s Founders Meetup: Thailand on July 26]( Want to be where Thailand’s founders converge? Join us at our networking event, which will be held on July 26 at theCOMMONS, Thonglor, 335/1 Sukhumvit 55 Klongton Nua, Wattana, Bangkok 10110 from 5:30 p.m. to 7:30 p.m. - [SYNC 2023: Climate Tech on August 21]( Do you want to make a positive impact on the fight against climate change? Join SYNC 2023 on August 21 at Singapore's green haven, Gardens by the Bay, to learn more about sustainable innovation and eco-friendly practices. Besides spotlighting climate tech via this invite-only event, Tech in Asia is committed to reducing our carbon footprint. Be part of this movement towards a sustainable future - send in your application for a SYNC 2023 ticket today! - [Tech in Asia Conference]( from October 18 to October 19 Do you see the light at the end of this funding winter’s tunnel? We do, and we believe Southeast Asia is that very light. That’s why this year’s Tech in Asia conference’s theme is Southeast Asia: A Bright Spot in the Tech World - signaling how the region can provide hope and guidance for the tech sector amid some troubling times. Hosted in Jakarta from October 18 to October 19, we’re excited to bring you a great lineup of speakers, thought-provoking sessions, and other activities. Click [here]( to get your early bird tickets. ---------------------------------------------------------------  PRESS PEEKS The following press releases were published as they were received, without any editing from the Tech in Asia team. You too can publish your own press release on Tech in Asia by simply filling in [this form](. Our team will get back to you by the next business day. - MindOS - [AI Agent Creator Platform MindOS Launches Open Beta]( Customizable AI agent creator platform MindOS is now open to all users. The open beta launch came as MindOS rolled out 6 new features. - CryptoCloud - [CryptoCloud Crypto Payment Gateway Now Available in The Philippines]( CryptoCloud is now processing cryptocurrency payments for businesses in the Philippines. That's excellent news for business owners in the country. - Averett - [Innovative 360 Video Conferencing: Redefining the Standard with 4K Resolution, AI Tracking, and Plug-and-Play Functionality]( Introducing the new Kandao 360-degree 4K all-in-one conferencecam. 4K HDR video, AI speaker tracking, and plug-and-play. ---------------------------------------------------------------  WHO'S HIRING You can post a job [here]( or search for jobs [here](. - [DevOps / Site Reliability Engineering]( at Pintar Ventura Group Jakarta, Indonesia - [Tech Development Section Head]( at Youtap Indonesia Jakarta, Indonesia - [Account Manager]( at Ematic Solutions Bangkok, Thailand - [Linux/Unix Server Engineer]( at Graha Karya Informasi Jakarta, Indonesia - [Technician]( at Target Media Nusantara (TMN) Bandung, Java, Indonesia - [Area Supervisor]( at Jakmall Jakarta, Indonesia [ADVERTISE]( | [SUBSCRIBE]( P.S. 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