ADVANCE.AI

Pleased to announce ADVANCE.AI’s Credit Bureau Philippines (ADVANCE.CBP), has secured USD4 million seed funding from Archipelago Capital Partners, a leading Southeast Asia-focused private equity firm, to launch #creditbureau operations in the Philippines. Selected as a Special Accessing Entity (SAE) through an open tender process by the Credit Information Corporation (CIC), ADVANCE.CBP aims to serve fintechs, digital banks, and thrift banks in its mission of enhancing financial inclusion through high quality credit information and data in the #Philippines. “We see the launch of ADVANCE.CBP as a significant step in advancing the Philippine #financialservices ecosystem,” said Jovasky Pang, CEO of Archipelago Capital Partners. “This investment fits perfectly with our ethos of driving sustainable growth across Southeast Asia, creating value for local businesses and investors alike, and in fostering growth in sectors that will benefit from rising income levels and increased consumer demand in the region.” “The investment from Archipelago Capital Partners reinforces our shared vision of establishing a credit bureau that not only empowers lenders and borrowers but also strengthens and results in a more robust #creditreporting and #creditscoring infrastructure in the Philippines. This long-term investment will help strengthen and develop a more equitable and inclusive financial ecosystem for all Filipinos,” said Dennis Martin, CEO of ADVANCE.CBP. More here: https://lnkd.in/dWArgFee #seedfunding #creditscoring #creditinfrastructure #ADVANCECBP #ADVANCEAI

Excited to announce the integration of ADVANCE.AI’s #KYC technology into Brankas Open Finance Suite. Banks that are required to meet #openbanking regulations can now leverage a single platform for their #compliance needs, covering API standards, authentication, and encryption, all of which banks can efficiently implement via the Open Finance banking platform. Beyond meeting compliance requirements, banks can use the joint open banking platform to launch new products with partners, including payments, loyalty programs, and joint credit card programs. ADVANCE.AI's #KYC technology into the Open Finance Suite provides advanced real-time identity verification, fraud and risk management detection that substantially mitigate scam and fraud rates. #openbanking #Brankas #ADVANCEAI #compliance

📢 ADVANCE.AI is one of the proud sponsor of Indonesia Fintech summit & Expo 2024 📢 We’re excited to announce that ADVANCE.AI will be showcasing our cutting-edge solutions as an exhibitor during Bulan Fintech Nasional 2024 on Asosiasi FinTech Indonesia flagship event! Join us on 12-13 November to explore our innovations that designed to help businesses thrive in a fast-evolving digital landscape. Connect with our team to see how our AI-driven solutions are enabling secure, efficient, and smarter financial services. Let’s shape the future of fintech together. See you there! #Indonesiafintechsummit #bulanfintechnasional #AdvanceAI #DigitalInnovation #eKYC

⏳ 1 Week to Go! ⏳ The countdown is on! Just one week left until the most awaiting event Singapore Fintech Festival 2024! We're excited to showcase our AI-powered solutions for identity verification, KYB, fraud prevention, and credit risk assessment. Don’t miss the chance to connect with our team and learn how our innovations can empower your business with enhanced security, efficiency, and customer experience. We can’t wait to be part of Asia’s premier fintech event and to connect with leaders across the industry! 🗓️ Dates: 6-8 November 2024 📍 Venue: Singapore Expo, Hall 5 booth #5D35 Look forward to meeting you there! #SingaporeFintechFestival #SFF2024 #ADVANCEAI #DigitalTransformation

✨ Happy Diwali from ADVANCE.AI! ✨ This Diwali, may your life and ventures shine as brightly as the festival lights. As we celebrate the triumph of light over darkness, knowledge over ignorance, and hope over despair, we extend our heartfelt gratitude to all our customers, partners, and team members. Thank you for being part of our journey to empower communities and enable financial inclusion globally. Here’s to new beginnings, prosperity, and shared success as we celebrate the festival of light. 🌟 Happy Diwali! 🌟

🌟 Exciting News! ADVANCE AI returns for a fifth year at Singapore Fintech Festival 2024 🌟 After many years of participation, ADVANCE AI is returning as an exhibitor at the Singapore Fintech Festival 2024! As one of the leading AI-based technology companies, be intrigued by our showcase of cutting-edge solutions in identity verification, KYB (Know Your Business), fraud prevention, and credit risk services. Join us at our booth to explore how our AI-driven technologies are transforming financial services, making them more secure, efficient, and customer-focused. Don't miss the chance to connect with our team, discover our latest innovations, and learn how we can support your business with advanced digital solutions. 🚀 🗓️ Dates: 6-8 November 2024 📍 Venue: Singapore Expo, Hall 5D35 We can’t wait to see you there! #SingaporeFintechFestival #SFF2024 #AdvanceAI #Fintech #AIFintech #DigitalInnovation #KYB #IdentityVerification

Really proud to have achieved #Level2 ISO 30107-3 iBeta certification for our #livenessdetection solution, which certifies our ability to identify and prevent sophisticated spoofing techniques like 3D-printed masks, resin and latex masks, compared to basic photos and videos used in Level 1 testing. During the evaluation, our solution successfully thwarted 300 presentation attacks across different devices, including the Samsung Galaxy S22 and Apple iPhone 12. “This major milestone underscores the robustness and reliability of ADVANCE.AI's solutions in preventing sophisticated spoofing attacks,” said Jiangbo Yu Alfred, Head of AI solutions at ADVANCE.AI. “Receiving this globally recognised security standard gives our partners re-assurance and confidence that our comprehensive market-leading solutions are reliable, high quality and meet global standards.” For more on iBeta Level 2 PAD certification: https://lnkd.in/ggMKxwS6 #KYC #risk #fraud #riskmanagement #iBeta

🤳🏻Paying with your face? Facial Recognition Payment Technology (FRPT) is on the rise, but what will convince even more consumers to embrace it? A recent study delves into the psychological factors influencing the adoption of FRPT, focusing on convenience, trust, and data security concerns. The researchers found that adoption of FRPT increased if consumers had access to information, considered the technology convenient, trusted the retailer, and were incentivised. While the research centred on Australia and New Zealand, the findings resonate across the APAC region, highlighting the universal consumer need for trust and security in digital transactions. ADVANCE.AI understands the growing significance of biometric solutions like facial recognition in shaping the future of financial transactions. The advanced facial recognition technology built into our liveness detection solution is designed to address these key concerns, ensuring a secure, convenient, and user-friendly experience for financial customers. Ready to see how this technology can enhance your business's security and user experience? 🌏 👉 Try it for yourself. Request for a free demo now: https://hubs.ly/Q02RPRkt0 #FacialRecognition #Fintech #Security #DigitalPayments

🔹 Reflecting on an incredible Session at Fordigi Summit 2024! 🔹 Proud and honoured to be part of the exclusive Panel Discussion at the Fordigi Summit 2024, organised by Fordigi BUMN, where our CEO, Dong Shou shared about "Good vs Evil: AI in Cyber Offense and Defense". It was a great honor for ADVANCE AI to share the stage with thought leaders Timothy Snow (Cisco) and Timothy Sipples (IBM Asia Pacific) - big thanks Fanky Christian (APTIKNAS) for moderating the session. The discussion delved deep into the transformative role of AI in cybersecurity, covering everything from offensive strategies to defense mechanisms. We hope our insights inspired the audience and provided valuable perspectives on how AI can be leveraged to build a safer digital future. The determination to work towards a brighter and more secure digital future can also be felt from the SOEs (State-owned Enterprises) attendees when they talked to us at our booth! A big thanks to everyone for making this session a success! Let’s continue pushing the boundaries of innovation and working together to unlock AI's potential for good. 🚀💡 #Fordigi2024 #AI #Cybersecurity #DigitalTransformation

🎇Celebrating 8️⃣ Years of Innovation and Excellence at ADVANCE.AI! In many cultures, the number eight symbolises prosperity, success, and balance – qualities that perfectly resonate with our journey over the past eight years. From humble beginnings to becoming a leader in identity verification and AI-powered solutions, we’ve always been driven by a passion for innovation and a commitment to solving the toughest challenges in digital identity. 🔐 Whether it's liveness detection, fraud prevention, or ensuring the highest levels of security and compliance, we are dedicated to safeguarding your identity in an increasingly digital world. To all Advancers, our customers, and partners – THANK YOU for trusting us to be your partner in shaping the future. Together, we’re not just verifying identities; we’re building a safer, smarter digital ecosystem. 🚀 Here's to 8️⃣ years of breaking boundaries, and the ♾️infinite possibilities to come!️ #FinancialInclusion #FraudPrevention