Shanghai Financial Regulatory Bureau: Support institutions in using AI, blockchain, and other technological means to provide customers with more customized financial products

ChainCatcher news, the Shanghai Municipal Government Information Office held a press briefing to introduce the recently issued "Action Plan for Promoting the Construction of a Global Financial Technology Center in Shanghai" (hereinafter referred to as the "Action Plan"). He Weili, Deputy Director of the Technology Supervision Department of the Shanghai Financial Regulatory Bureau, stated that the Shanghai Financial Regulatory Bureau will focus on the main content and emphasize "three promotions." Promote the innovative application of financial technology in the banking and insurance industries. In the future, the Shanghai Financial Regulatory Bureau will guide banks and insurance institutions within its jurisdiction to strengthen the innovative application of financial technology, supporting institutions in utilizing technologies such as artificial intelligence, blockchain, the Internet of Things, and big data to promote product and service innovation, providing customers with more personalized, diversified, and customized financial products. (Jin Shi)