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Ant International’s FalconTST Model 2.0 Achieves SOTA, Elevating Predictive AI Application in Finance to New Levels

Business

Ant International’s FalconTST Model 2.0 Achieves SOTA, Elevating Predictive AI Application in Finance to New Levels
Business

Business

Ant International’s FalconTST Model 2.0 Achieves SOTA, Elevating Predictive AI Application in Finance to New Levels

2026-08-20 09:55 Last Updated At:10:00

SHANGHAI & SINGAPORE--(BUSINESS WIRE)--Aug 19, 2026--

Ant International has introduced Falcon Time-Series Transformer (TST) AI Model 2.0, its most advanced TST model so far designed to deliver more accurate forecasting in real-world FX risk management of cross-border payments, with more industry applications to come, such as demand forecasting for supply chain management for e-commerce platforms, and predictive operations management for aviation industry.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260819055561/en/

FalconTST 2.0 demonstrates State-of-the-Art (SOTA) performance on the Mean Absolute Scaled Error (MASE) metric on a top global public evaluation benchmark for time-series foundational models. MASE is among the most critical metrics used to evaluate time-series models. FalconTST 2.0 achieved a MASE score of 0.666 and places it at the top of the leaderboard, surpassing other TST foundational models from leading global tech companies.

FalconTST model is AI built for finance

While large language models excel at learning relationships in text, TST models are especially critical in finance and payments, where liquidity needs, foreign-exchange movements, and transaction flows can shift rapidly. The financial information consists of continuously changing numerical data — transaction amounts, account balances, settlement flows, and currency positions. For a global payment institution, these forecasts directly impact capital efficiency. The value of AI prediction lies not just in ‘calculating more accurately’ but in helping businesses know precisely when they need funds, how much they need, and in which currencies.

This forecasting capability is equally critical for foreign exchange management. An airline may collect ticket revenues in multiple currencies while needing to pay for aircraft leases, airport fees, and operating costs in different currencies. Companies typically use foreign exchange hedging to reduce currency fluctuation risk, but that requires them to determine how much of each currency they will receive and need. If forecasts are too high, they may over-hedge; if too low, they leave themselves exposed to foreign exchange risk.

Traditional forecasting systems typically build separate models for different tasks — a retail company trains a sales forecast model, an airline a demand forecast model, a financial institution a liquidity model. TST foundational models take a different approach: FalconTST learns common patterns — cycles, trends, seasonality, and sudden shifts—from data across finance, retail, energy, travel, and economics. Though these industries differ, the underlying temporal structures often share commonalities.

World’s leading banks using FalconTST to epitomise liquidity and FX management

The FalconTST is initially deployed internally at Ant International to manage cashflow and FX exposure on an hourly, daily and weekly basis, before having been integrated by leading global banks to their own FX hedging models, including Barclays, Citi, Deutsche Bank and Standard Chartered, to improve the cashflow forecasting and FX liquidity management capabilities for Ant International and its clients.

Barclays integrates the FalconTST Model into its FX hedging platform, BARX NetFX, while Citi combines FalconTST with their own Fixed FX Rates solution. They are mainly used for FX risk management on e-commerce platforms or airlines. And Standard Chartered uses the model alongside its SCALE FX system as part of both sides' participation in the PathFin.ai programme of the Monetary Authority of Singapore.

Currently, they all have adopted the 2.0 version of the FalconTST Model, leading to an improved forecasting accuracy of more than 93% consistently. This level of precision is critical for financial institutions managing vast volumes of cross-border payments and needing to mitigate currency fluctuation risks effectively.

From a single financial tool to a reusable forecasting capability

Ant International said another goal of FalconTST is to make the same forecasting capability reusable across customers and industries. Aviation is a typical use case: revenues and costs span multiple currencies, while cash flows can change rapidly, making accurate forecasting critical. FalconTST is already being used for FX and liquidity management in the sector and is expanding into e-commerce, logistics and other industries.

If a capability serves only one customer, it remains largely a customised solution. When it can be reused across customers and industries, it starts to become a foundational capability.

“Large language models have shown how AI can understand and generate information. FalconTST is about another capability that businesses increasingly need: understanding how the world changes over time, and anticipating what comes next. For us, the value of AI is not simply achieving a better forecasting score, but turning that predictive intelligence into real decisions—how much liquidity to prepare, how to manage FX exposure, and how to allocate capital more efficiently. FalconTST 2.0 is an important step toward making predictive AI a foundational capability for global businesses, across payments, accounts and broader financial services,” said Jiang-Ming Yang, Chief Innovation Officer, Ant International.

"FalconTST helps global businesses — including our own — manage complex cash flow and FX exposure, so they can manage cross-border transactions with greater confidence. With FalconTST 1.0, clients saw real operational value and cost savings from better forecasting. With FalconTST 2.0, enhanced accuracy and precision let us extend those benefits to our banking partners as well as a broader range of customers across fast-moving sectors like e-commerce, travel and fintech," said Kelvin Li, General Manager of Platform Tech and Senior Vice President, Ant International.

FalconTST 2.0 introduces several technical innovations that address real-world data challenges to improve forecasting accuracy:

Ant International invites interested developers worldwide to contribute feedback and accelerate innovation in time series learning through an API trial of FalconTST 2.0 via GitHub . To learn more about the FalconTST Model and recent success stories: https://falcon-tst.ant-intl.com/

About Ant International

Ant International is a leading global digital payment, digitisation and financial technology provider. Through collaboration across the private and public sectors, our unified techfin platform supports financial institutions and merchants of all sizes to achieve inclusive growth through a comprehensive range of cutting-edge digital payment and financial services solutions. To learn more, please visit https://www.ant-intl.com/

Falcon TST Time-Series Transformer Al Model 2.0

Falcon TST Time-Series Transformer Al Model 2.0

JAKARTA, Indonesia (AP) — Indonesia’s vice president resigned Thursday as questions grew over his eligibility for the office after recent court rulings disputed his educational credentials.

Gibran Rakabuming Raka, the 39-year-old son of former President Joko Widodo, submitted his resignation to the leadership of the People’s Consultative Assembly, the country’s highest legislative body, at the parliament building in the capital, Jakarta.

Raka did not comment as he left the meeting.

The academic credentials investigation was apparently not related to investigations into allegations that top police officials had been involved in wiretapping targeting the president.

Under Indonesia’s Constitution, a vice presidential vacancy does not trigger a new election. The office remains vacant until the People’s Consultative Assembly elects a replacement from two candidates nominated by the president within 60 days.

Raka had offered to resign Tuesday during a meeting with President Prabowo Subianto, saying he wanted to avoid a prolonged political controversy. But a Cabinet minister said the president urged Raka at the time to defend himself and it wasn’t clear if he accepted the resignation offer.

The Constitutional Court and the Supreme Court ruled last month that the documents Raka submitted regarding his overseas education didn’t meet election requirements. A subsequent petition, submitted Wednesday to the House leadership by 120 lawmakers from eight political parties, began a parliamentary process that could have led to his impeachment.

The push for his impeachment was driven largely by long-running allegations that Gibran’s candidacy was enabled by a Constitutional Court ruling that critics see as a conflict of interest and evidence of weak political accountability and dynastic privilege.

Before Prabowo chose him as his running mate for the 2024 election, Raka did not meet the age requirement of 40 for vice presidential candidates. But the court's controversial ruling in October 2023 carved an exception allowing those who served or had been elected as regional leaders to run at a younger age.

Under Indonesian election law, a presidential or vice-presidential candidate must have completed senior high school or an equivalent level of education. Because Gibran completed his secondary education overseas, he was required to provide documents showing that his qualifications were equivalent to an Indonesian high school diploma.

Parliamentary leaders would convene immediately to begin the process for selecting a replacement, Speaker Ahmad Muzani said.

“We ask for the prayers and support of all Indonesians so that this democratic process can proceed smoothly and serve as a constructive new precedent in our constitutional system,” Muzani told reporters.

Indonesian Vice President Gibran Rakabuming Raka, center, arrives at the parliament building in Jakarta, Indonesia, Thursday, Nov. 12, 2026. (AP Photo/Tatan Syuflana)

Indonesian Vice President Gibran Rakabuming Raka, center, arrives at the parliament building in Jakarta, Indonesia, Thursday, Nov. 12, 2026. (AP Photo/Tatan Syuflana)

FILE - Indonesia's Vice President Gibran Rakabuming Raka takes the oath during the presidential inauguration ceremony at the Parliament building in Jakarta, Indonesia, Sunday, Oct. 20, 2024. (AP Photo/Tatan Syuflana, File)

FILE - Indonesia's Vice President Gibran Rakabuming Raka takes the oath during the presidential inauguration ceremony at the Parliament building in Jakarta, Indonesia, Sunday, Oct. 20, 2024. (AP Photo/Tatan Syuflana, File)

Indonesian Vice President Gibran Rakabuming Raka, center, leaves the parliament building after submitting his resignation letter in Jakarta, Indonesia, Thursday, Nov. 12, 2026. (AP Photo/Tatan Syuflana)

Indonesian Vice President Gibran Rakabuming Raka, center, leaves the parliament building after submitting his resignation letter in Jakarta, Indonesia, Thursday, Nov. 12, 2026. (AP Photo/Tatan Syuflana)

Indonesian Vice President Gibran Rakabuming Raka leaves the parliament building after submitting his resignation letter in Jakarta, Indonesia, Thursday, Nov. 12, 2026. (AP Photo/Tatan Syuflana)

Indonesian Vice President Gibran Rakabuming Raka leaves the parliament building after submitting his resignation letter in Jakarta, Indonesia, Thursday, Nov. 12, 2026. (AP Photo/Tatan Syuflana)

FILE - Indonesian Vice President Gibran Rakabuming Raka, left, walks with President Prabowo Subianto after Subianto delivers his State of the Nation Address at the parliament building in Jakarta, Indonesia, Friday, Aug. 14, 2026. (AP Photo/Dita Alangkara, File)

FILE - Indonesian Vice President Gibran Rakabuming Raka, left, walks with President Prabowo Subianto after Subianto delivers his State of the Nation Address at the parliament building in Jakarta, Indonesia, Friday, Aug. 14, 2026. (AP Photo/Dita Alangkara, File)

FILE - Indonesian Vice President Gibran Rakabuming Raka listens as President Prabowo Subianto delivers his State of the Nation Address at the parliament building in Jakarta, Indonesia, Friday, Aug. 14, 2026. (AP Photo/Dita Alangkara, File)

FILE - Indonesian Vice President Gibran Rakabuming Raka listens as President Prabowo Subianto delivers his State of the Nation Address at the parliament building in Jakarta, Indonesia, Friday, Aug. 14, 2026. (AP Photo/Dita Alangkara, File)

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