This article is authored by Dennis Martin, Chief Executive Officer, ADVANCE.AI.
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Dennis Martin is the Chief Executive Officer of ADVANCE.AI. He brings a wealth of experience, spanning more than 25 years in leadership roles within the global credit reporting industry. Prior to joining ADVANCE.AI, Dennis served as the Group CEO, as well as Vice Chair on the Board of Directors, for CTOS Digital in Malaysia, where he managed a comprehensive suite of credit and risk management solutions and services. His past roles include being the Managing Director at Experian Southeast Asia and Dun & Bradstreet New Zealand. Additionally, Martin has contributed to the industry through his board memberships, including serving as the chairman of the CIBI in the Philippines. |
The financial technology landscape is poised for another year of dynamic change in 2025, building on the transformative strides we witnessed in 2024. The past year has witnessed unprecedented advances in artificial intelligence (AI) adoption across ASEAN, transforming financial services, identity verification, and fraud prevention. The convergence of AI, alternative data, and embedded finance has fundamentally altered the Banking, Financial Services, and Insurance (BFSI) industry, creating entirely new paradigms in service delivery and security.
At ADVANCE.AI, we have the privilege of working at the forefront of this exciting intersection between finance and technology. Based on his insights and experience, we interviewed our CEO, Dennis Martin, on his outlook for 2025. And here are four key trends that we believe will drive the industry's trajectory in 2025 and beyond.
The financial services industry has always been dynamic, but the pace and scale of change we're witnessing across ASEAN today are unprecedented. While the challenges ahead may seem daunting, they also represent an unprecedented opportunity to reshape finance in Southeast Asia into something more inclusive, secure, and efficient than ever before.
The businesses that will thrive in this dynamic region won't be those with the biggest budgets or the most established names, but those with the vision to anticipate change and the agility to adapt quickly. Like those New Year's resolutions we make every January, the transformation journey begins with a single step because, in this rapidly evolving ASEAN landscape, standing still isn't an option we can afford.