AI
BPI Taps Personetics to Provide AI-Powered Financial Insights for 6 Million Users
The Bank of the Philippine Islands (BPI) has joined forces with Personetics, a global provider of financial data-driven personalisation solutions, to push ahead with its advanced personal financial management (PFM) strategy. The Personetics Engagement Builder powers BPI’s newly launched Track and
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Salmon’s Super–Charged Journey in AI-Enabled Consumer Lending
Manila-based fintech Salmon has grown rapidly in its first year of operations. From launching its first point-of-sale lending product four months after inception, rolling out its proprietary app, and securing partnerships with leading retailers across the Philippines – the fintech
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Investree Philippines Taps Provenir for AI-Powered SME Financing
Philippines’ crowdfunding platform Investree will integrate Provenir’s data, decisioning and AI capabilities to provide accessible and inclusive financing to small and medium enterprises (SMEs). Provenir’s platform provides Investree Philippines with the capability to access, evaluate, and process a wide range
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UNO Digital Bank Taps Trusting Social for AI-Powered Credit Scoring
Philippines’ UNO Digital Bank announced that it has formed a partnership with AI-powered credit scoring platform Trusting Social. Through this partnership, UNO will leverage Trusting Social’s expertise for customer onboarding solutions including credit scoring. Trusting Social’s big data scoring technology
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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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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
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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
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Bangko Sentral ng Pilipinas Employs Machine Learning to Enhance Suptech Efforts
The Bangko Sentral ng Pilipinas (BSP) is exploring applications of machine learning (ML) techniques, particularly in the areas of natural language processing, nowcasting, and banking supervision. Natural language processing at the BSP is used to convert text into data to
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How Artificial Intelligence Can Improve Your Ability To Detect Fraud
Online merchants can no longer rely on simple rule-based engines to stop fraud. Utilizing artificial intelligence is essential in protecting your business from modern fraud attempts. The tactics used to commit card-not-present (CNP) fraud have changed dramatically in the last
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Philippines’ Ayala Corp Raising US$150-M Fund for Disruptive Early-Stage Startups
The Ayala Corporation, Philippines’ oldest conglomerate, is raising a new venture capital fund worth US$150 million, dedicated towards investing into early stage startups engaged in e-commerce, as well as what the company deems as disruptive technologies; like fintech, healthtech, artificial intelligence,
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