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The 1st Korea Fintech Week was held last week by Korea’s Financial Services Commission(FSC), showcasing the latest innovations by Korean fintech companies.

AIZEN has organized a special drone event to demonstrate ABACUS’s “autonomous-driving” feature in Banking & Insurance.

If you think about an autonomous drone, it 1) automatically monitors and avoids obstacles to keep the drone running, 2) predicts the safest route to the destination, and 3) learns from its activity and dynamically controls the speed and directions.

Likewise, ABACUS’s core ‘AI Logic Chip’ automatically monitors, predicts and controls financial data to enhance the internal decision-making process across different value chains in Finance.

For example, let’s say a bank’s “destination” is to maximize profitability while retaining good customers. Banks need to identify which customers will pay back well and, at the same time, measure customers’ loyalty and decide the best possible cross-sell.

With ABACUS, banks can gain multi-dimensional views of a customer with a massive multi-modeling feature. Banks can easily build, update, validate and deploy multiple predictive models simultaneously in a single platform, with just a few clicks.

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