Background
With the Monetary Authority of Singapore (MAS) emphasizing the need for robust Anti-Money Laundering (AML) controls, the Singapore banking industry is expected to conduct rigorous KYC checks and thorough due diligence on account onboarding. This study explores the critical necessity of maintaining high security standards while optimizing customer intake processes.
Challenges arise from the long timelines spent on background research; high volume of applications create risks such as missed red flags in illicit activities; e.g. Money laundering, online gambling and unlicensed lending of money. Integrating GenAI into the account onboarding process to streamline the verification phase will improve efficiency and also reduce the risks of overlooked threats.
Why Learn Generative AI
With AI adoption rising across industries, skills in Generative AI are becoming increasingly valuable in today’s job market. Companies are actively seeking professionals who can leverage tools like ChatGPT and AI APIs to automate tasks, improve productivity, and stay competitive.
Generative AI offers a unique blend of creativity and technical skill. In this course, you’ll learn how to craft effective prompts, automate workflows using OpenAI tools, and apply AI solutions to real-world business needs. Whether you’re working in marketing, operations, customer service, or content creation — these skills help you work smarter and faster.
Vertical Institute’s Generative AI Course is beginner-friendly and designed for working professionals. You’ll receive a professional certification upon completion and build a portfolio-ready project that showcases your ability to use AI tools effectively in your role.
Are There Government Subsidies Available?
Yes — Singaporeans and PRs can receive up to 70% SSG Subsidy on the course fees for the Generative AI Course at Vertical Institute. The remaining fees are fully claimable using SkillsFuture Credits, making the course highly accessible for working professionals.
If you’re an NTUC Union member, you can also tap on UTAP Funding to offset 50% of the remaining course fees after subsidy.
Learn more about our Generative AI Course today.
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