AI
Masan Group’s Subsidiary Invests US$105 Million in Singapore’s Trust IQ
Vietnamese conglomerate Masan Group’s subsidiary the Sherpa Company has received the green light to invest US$105 million in Singapore’s tech company Trust IQ, the holding company of Trusting Social. The announcement of Masan’s investment was made in April 2022. Sherpa will
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CrediLinq.Ai Raises Seed Extension Round to Fuel Growth
CrediLinq.Ai, a Singaporean fintech enabling B2B online financing and payments, announced that it has raised an undisclosed sum during the extension of its seed funding round. The round was joined by MS&AD Ventures, Big Sky Capital, and existing investors 1982
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MSIG Singapore to Deploy Fermion’s AI Tool to Combat Motor Insurance Fraud
General insurer MSIG Singapore has partnered with insurance ecosystem builder Fermion to combat motor insurance fraud through the use of an advanced artificial intelligence tool, TrueSight Fraud Intelligence. MSIG said in a statement that it will be able to rapidly
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Brunei’s Baiduri Bank Taps finbots.ai for AI-Powered Credit Scoring
Brunei’s Baiduri Bank has selected finbots.ai, an AI-powered credit scoring software provider backed by Accel, to accelerate the bank’s financial inclusion drive for the underserved credit market. By adopting finbots’ AI credit modelling solution, creditX, Baiduri Bank will be able
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AIA’s Amplify Health Acquires AI Startup AiDA Technologies
Amplify Health, a healthtech joint venture between AIA Group and Discovery Group, has acquired Singapore-based AI solutions provider AiDA Technologies. AiDA was founded in 2016 by Dr Tan Geok Leng, Dr Shonali Krishnaswamy, and a team of data scientists from
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Provenir Names as Colin Kum as Its APAC Sales Director
Provenir, a provider of AI-powered data and decisioning software for the fintech industry, announced that it has appointed Colin Kum as its Sales Director for APAC. In this role, Colin will oversee all sales operations and business development activities for
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3 Ways Machine Learning Can Enhance Your Lending Process
A vast majority of the populations in the emerging markets of Southeast Asia, Latin America, and India are at the cusp of financial inclusion, thanks to the growing availability and adoption of digital lending services. The fintech-as-a-service market is predicted
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UOB and Personetics Launch AI-Driven Automated Savings Feature
United Overseas Bank (UOB), in partnership with Personetics, announced the launch of Auto-Save, on the TMRW mobile banking app in Indonesia today at the Singapore Fintech Festival 2022. Powered by Personetics’ Artificial Intelligence (AI) and advanced data analytics solutions, the
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Singapore to Invest US$50M to Develop AI Talent and Attract Researchers
The Singapore government will invest an additional US$50 million to develop local artificial intelligence (AI) talent and double the number of AI apprenticeships in the next five years. The announcement was made by Deputy Prime Minister Heng Swee Keat announced
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ADVANCE.AI Ties up With Visa to Enhance Its Credit Decisioning Services
ADVANCE.AI, a Singapore-based artificial intelligence (AI) and big data company, is partnering with Visa to enhance its credit decisioning for the unbanked and underbanked segments across Southeast Asia. The strategic data partnership will see ADVANCE.AI integrate Visa’s Cardholder Transaction Score
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