Discussing the investments and acquisitions landscape at Singapore Fintech Festival 2020, Davey states the fintech space has reached the same place with AI that it previously did with online, mobile and the cloud. "Many years ago everything had to be online, then everything had to be mobile, then everything had to use the cloud," he says. "That's where we now are with AI." However, AI being "table stakes" presents the problem of a proliferation within fintech platforms and the risk of it being poorly deployed and without significant scale at large organisations. Fellow panellist, Matt Dill, senior vice president of digital partnerships at Visa, expresses concern for what this could mean both for the fintechs seeking investment and the investors themselves.