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Seoul, Korea, Feb. 19, 2023 (GLOBE NEWSWIRE) — Recently, AIZEN is proud to introduce its banking service using “AI Core-Tech” with ChatGPT in a dynamic environment. Experts predict that the advent of Chat GPT will bring many changes not only in chat but also in education, science and technology, and finance. It is expected to have a rapid impact on customer support, document processing and the delivery of personalized financial information, particularly in fintech. Therefore, financial services in the areas where they interact with customers are expected to undergo significant changes with the rapid development of AI, and it is the “core technology” in finance that is becoming very important in this area. Data on “credit” and the use of AI are both important for making important decisions in finance, they have been found to be areas of interest in the unlimited season. As ChatGPT continues to be in the spotlight, attention will once again focus on the value of using AI.
AIZEN Global provides banking-as-a-service and credit contect by incorporating the core technology required for the credit model and credit provisioning value chain, which is the most critical part of banking. Integrates AI models based on credit data from newly developed data platforms to rapidly produce risk-based decisions required for loan processing. Based on this, data platform customers can get banking services at reasonable interest rates and financial institutions will get new customers. The company has set the core value of providing loans through AI finance.
AIZEN Global has entered Vietnam’s e-commerce market, providing credit based on the information of new online business operators and enabling non-financial companies such as education and e-commerce companies to easily provide loans to their loyal customers. It is to enable big data and AI-based financing for emerging industries in Vietnam. In addition, Indonesia’s EV (electric vehicle and electric bicycle market) is entered, and financing is provided by electric battery data analysis. This is made possible by combining non-financial and financial data through AI and making decision-making based on AI models. Because ‘AI Banking’ is a reinforcement learning for credit data decision making. Electric bicycles are used in a hotel in Bali, Indonesia with the CreditConnect service provided by AIZEN.
AIZEN Global provides AI financial solutions for banks, insurance companies and credit card companies and revolutionizes the core technology for financial decision making. AI is applied to core financial areas such as digital strategies, fraud detection and credit evaluation. In this digital transformation project, the core technology of AI finance has been discovered. In addition, it holds more than 150 patents in AI finance and has actively invested in R&D for AI finance’s core technology. Through an AI project led by the Monetary Authority of Singapore (MAS), AI has been researched to score points. It has been ranked second as the global company chosen for the ‘FinTech Awards’ by the Monetary Authority of Singapore.
More and more non-financial companies are bringing innovation forward through AI. Many information platform companies need supply chain financing to quickly deliver “finance” to their customers. In the process, AI core technology will develop an important competitive edge for companies. Companies will make decisions based on AI financial technology to provide more personalized and better services to their customers.
Aizen Global CEO said, “We are now living in an era where financial advice can be provided through ChatGPT and even the coding required for financial solutions can be easily done” and “We need to focus on this transformation to AI core technology for ‘credit’, the most critical aspect of finance.”
Media communication
Company: AIZEN Global
Contact us: Hyeree JANG, Director
Phone: +82-10-3370-9165
Email: hyeree.jang@aizen.co
Website: www.aizenglobal.com
Source: AIZEN GLOBAL
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