On October 15, the Hong Kong Monetary Authority (HKMA) jointly announced the list of the second phase of the Generative AI Sandbox Program with Hong Kong Science and Technology Parks. Twenty banks and 14 technology partners, including Ant Digital, Bank of China (Hong Kong), Fubon Hong Kong, and others, have been selected for 27 use cases. As one of the core technology partners, Ant Digital will provide innovative solutions to the sandbox, including AI intelligent agent services and AI security products, helping the banking industry comprehensively upgrade in operational efficiency, user experience, and risk control.
The current sandbox program focuses on "AI governance" and "AI against AI" strategies. Several use cases are trying to use AI to automatically detect and review AI-generated content on a large scale, improving system accuracy and consistency, and promoting the implementation of responsible AI applications in Hong Kong's financial system.
Among them, Fubon Bank (Hong Kong) will collaborate with Alibaba Cloud, Ant Digital, and Weitou Zhikong to develop an AI assistant that provides users with personalized, secure, and highly interactive mobile banking experiences. The AI assistant can offer real-time financial advice based on customer habits and includes intelligent risk control and adaptive security mechanisms, effectively preventing fraud and reducing financial risks. Previously, Ant Digital helped Shanghai Bank create a "Conversational as a Service" AI mobile banking solution, increasing business conversion rates by 10%.
In addition, ZOLOZ, a subsidiary of Ant Digital, will provide AI risk control solutions to multiple financial institutions in Hong Kong, integrating facial recognition, document anti-counterfeiting, and risk graph computing technologies to defend against deepfake attacks and group fraud, achieving millisecond-level risk interception with an identification accuracy rate of up to 99.9%.
As the independent technology commercialization division of Ant Group, Ant Digital established its international headquarters in Hong Kong in 2025. It has already provided digital and intelligent solutions to Bank of China (Hong Kong), Standard Chartered Bank, Nanyang Commercial Bank, and Hopewell Bank, continuously driving the AI transformation and innovation practices of Hong Kong's financial industry.
