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AIZEN, the Data Big Bang, leads the AI Financial Innovation in Asia

2022.04.27

AIZEN, the Data Big Bang, leads the AI Financial Innovation in Asia

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We’re now living in the age of the ‘Data Big Bang’. Various companies have started using the significant influx of data to provide people with affordable financial services via AI Banking-as-a-Service (AI BaaS). Today, artificial intelligence (AI) uses the values of new data occurring from various data platforms to create new models that are linked to financial services. As more online businesses emerge and generate more data than ever, many innovative fintech services are now deeply integrated into the business’ value chain.

Here, AIZEN is recognized as one of the leading AI financial technology platforms in Asia, most recently selected by the Monetary Authority of Singapore (MAS) as a top innovator for the ‘Responsible AI’ in Finance. The company was also the second-place winner at the MAS FinTech Awards; first place at the Hong Kong FinTech Week; and named Gartner Cool Vendors in AI for FinTech. AIZEN has been expanding its AI banking services in Vietnam, a country with a rapid fintech adoption and a booming data economy. We have secured more than 100 local data economy partners within several months since the launch of ‘CreditConnect’ and we are now connecting various Vietnamese data platforms to new financial opportunities.

The key to financial innovation is the combination of the ‘Data Big Bang’ and various industrial data and specialized technologies that connect the financial industry with other stakeholders. AIZEN established the financial infrastructure to quickly provide financial services based on CreditConnect credit facilitating platform designed to connect business borrowers in the data economy with our bank partners. AIZEN applies sophisticated AI models to core financial decision-making processes, integrating its dynamic AI credit operating system with the end-to-end credit cycle.