SINGAPORE – Nanyang Technological University (NTU) has launched a new research institute called the Global Institute of Finance, Technology, and Society (GIFTS) to deepen research at the intersection of artificial intelligence, business, finance, and society.
The institute was officially launched on May 31, 2026, according to NTU's press release. GIFTS aims to explore how AI can transform financial services, including areas like risk management, fraud detection, and personalized banking, while addressing ethical and societal implications.
Professor Lam Kwok Yan, NTU's Vice President for Research, stated that the institute will bring together experts from computer science, business, and social sciences to develop responsible AI solutions for the financial sector. The institute will also collaborate with industry partners and government agencies.
GIFTS is expected to support Singapore's Smart Nation initiative and position the country as a global hub for fintech innovation. The institute will offer research fellowships and host conferences to disseminate findings.
