AI

Indian Fintech Signzy Secures US$26 Million in Funding Round Led by Gaja Capital

India-based digital banking infrastructure enabler Signzy announced that it had raised US$26 million in a funding round led by private equity firm Gaja Capital. The round was also joined by its existing investors Vertex Ventures and Arkam Ventures. According to

Read More

Data Enrichment Key to Enhancing Accuracy of AI Models in Fintech

Data enrichment, the process of enhancing internal data with relevant, contextual data obtained from external sources, is critical for financial services companies looking to get the most out of their investments in artificial intelligence (AI), allowing them to build more

Read More

How Are Asia’s Leading Lenders Leveraging Artificial Intelligence?

In Asia Pacific (APAC), artificial intelligence (AI) and machine learning (ML) are increasingly being deployed in credit and risk functions for improved credit assessment, credit scoring and fraud detection. Moving forward, AI will no longer be an option for banks

Read More

4 Ways Alternative Data Is Improving Fintech Companies in APAC

Various categories of fintech firms – Buy Now, Pay Later (BNPL), digital lending, payments and collections – are increasingly leveraging predictive models built using artificial intelligence and machine learning to support core business functions such as risk decisioning. According to

Read More

APAC Financial Institutions Struggle to Make Use of Their Data in a Timely and Effective Manner

Despite realizing the opportunities brought about data and analytics, banks and financial institutions in Asia-Pacific (APAC) are still struggling to draw critical insights from their data in an effective and timely manner. This is one of the findings drawn from

Read More

MAS Taps AI-Powered NovA! For Green Financing as Its First Use Case

The Monetary Authority of Singapore (MAS) announced the first use case of NovA! to help financial institutions (FIs) assess the sustainability performance of Singapore’s real estate sector. NovA! is a part of the National Artificial Intelligence (AI) Programme in Finance

Read More

Vietnam’s FPT Software Partners With Squirro to Unlock Insights From Data

Vietnam’s IT firm FPT Software announced that it has formed a partnership with Squirro, a Switzerland-based augmented intelligence solutions provider. Through this partnership, the two companies will offer their customers comprehensive enterprise solutions backed by Artificial Intelligence (AI) to leverage

Read More

Vietnamese Fintech Trusting Social Bags US$ 65 Million Investment From Masan Group

Trusting Social, a Vietnam-based AI-powered credit scoring platform, announced that it has secured US$ 65 million for the initial close of its Series C funding round from The Sherpa Company, a subsidiary of Masan Group. According to DealStreetAsia, Masan now

Read More

Finbots.AI Secures US$3 Million in Series A Funding Round From Accel

Finbots.AI, an AI-powered credit scoring software provider, announced it has raised a US$3 million Series A funding round. This round saw the participation of a single investor – Accel, that made this investment from its Fund VII and this marks

Read More

Gupshup Inks Deal to Acquire Conversational AI Platform Active.Ai

Conversational messaging platform Gupshup announced the acquisition of Active.Ai, a conversational AI platform used by banks and fintech firms. The sum was not disclosed. The acquisition aims to strengthen Gupshup’s customer experience solutions for its banking, financial services and insurance

Read More