AIZEN Global introduces AI banking service at Singapore Fintech Festival

SEOUL, South Korea, 26 October 2022 /PRNewswire/ — AIZEN Global (CEO Kang Jung-seok), an AI financial services developer and AI financial innovation leader, announced that it will participate in the Singapore Fintech Festival, which will be held for three days from the 2nd of next month, where it will introduce “CreditConnect,” an AI banking service .

AIZEN, who is a member of the Born2Global Center (CEO Kim Jong-gap), announced that it took second place in the “Global” category at the Fintech Awards organized by the Monetary Authority of Singapore (MAS) at the end of 2020. Swiss Re Group and BNY Mellon in the US together with Swiss Re and BNY Mellon.

At this year’s festival, AIZEN Global will focus on introducing, through CreditConnect, the EV-Finance model, an AI banking service based on electric bicycle data that the company has provided to the Asian market. The company also plans to demonstrate its AI service-type banking and share examples of banking services in various industries at this fintech event, which is the largest in Asia.

AIZEN Global will introduce its EV-CreditConnect model, which offers banking services based on combining electric vehicle battery data and driving data in the fast-growing Asian e-mobility market.

The company also developed an AI financing solution that enabled the inclusion of a fraud detection system (FDS), AI crime prediction and anti-money laundering (AML) in financial decision-making. It currently offers AI banking services in Indonesia, Vietnam, and Korea. In particular, CreditConnect offers banking services for online businesses, acting as a bridge between data platforms and financial institutions. In this way, CreditConnect uses credit services for various industries.

AIZEN Global has been recognized as a financial innovation company in Asiaas evidenced by its performance in responsible AI research with the Monetary Authority of Singapore (MAS) and winner of second place at the MAS Fintech Awards and first place at the Hong Kong Fintech Week Demo Show. The company also won the Award of Financial Services Commission Chairman at the Hankyung Fintech Awards and the main prize at the AI ​​Awards.

AIZEN Global offers banking services to various affiliated companies i Vietnam’s shopping, medical and education industries. It is now expanding its financial services through e-bike data after signing MOUs with NOA and SWAP, which are Indonesian bicycle platform companies. The NOA and SWAP platforms increase convenience for local customers in the e-bike market i Indonesia, which is growing rapidly. By partnering with AIZEN Global’s AI banking service, these companies have been able to offer banking services through data analytics-based customer acquisition and data combination.

AIZEN Global CEO Kang Jung-seok said, “Our firm hopes to strengthen our partnerships and share our AI finance innovations, which have been selected by MAS, at the Singapore Fintech Festival.” He also added, “We will focus on collaborating with various industries such as shopping and mobility using our AI financing technology infrastructure.”

About the Born2Global Center

Born2Global Centre, operated by Born2Global, is a full-cycle service platform that supports the global expansion of promising companies. Established in 2013 under the Ministry of Science and ICT, Born2Global has set the standards for a successful startup ecosystem in Korea and continues to expand and transform startups to be engaged, well-equipped and connected to the global market.

For more information, please visit born2global.com