CLICK TO WATCH : ‘ ING ASIA CORPORATE VIDEO ’ 165 figures on most of our client use cases , saving the industry millions of dollars . The system has a proprietary automated model selection engine that helps us to build a scalable business .”
SoptAI could potentially lower the need for working capital , demonstrating ING ’ s commitment to truly helping its clients to stay a step ahead , even at the cost of traditional banking products . For the bank , such ventures also generate new non-interest income revenues , which are particularly important in a low interest environment .
The shipping industry is a significant
contributor to Singapore ’ s economy . Within this sector , ING Labs Singapore is building a venture called Kapsool . “ This is essentially a digital agency workflow platform in the marine port ecosystem . Its goal is to reach an efficiency level matched to that of airports ,” says Spronk .
He explains how such greenfield ventures begin development , with long-term impact in mind . “ Now , before you start building , if you ’ re within our lab and building a venture , we encourage people to start with a problem in mind ; is this problem real ? How big
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