ADVANCE.AI

Deeply honoured and humbled our CEO Dong Shou and Chief Scientist Robbie Yan were invited by OJK Institute to share the stage with AlloBank President Director Pak Indra Utoyo to discuss "Driving Corporate Performance through Artificial Intelligence" last week. In front of of an online audience of nearly 5,000 government officials and banking executives, we shared how we have used #AI in #financialservices to grow with #Indonesia over the past 8 years since our founding. We shared examples of how, when harnessed properly, #AI can be a force multiplier to unleash the next wave of financial #innovation in #Indonesia and unlock the tremendous potential of Southeast Asia's largest economy and world's fourth most populous country. 💡✨ Thank you Pak Agus Sugiarto and Otoritas Jasa Keuangan Institute for the invite and opportunity to share our thoughts and views. 🙏🏼🤝🏼 #webinar #OJKInstitute #Indonesia #AI #generativeAI #predictiveAI

On this 17th of August, we celebrate the strength and resilience of Indonesia. As we embrace the spirit of freedom, let’s continue to drive innovation that uplifts Indonesia and connects us to the world. Together we honor the journey and the spirit of independence that empowers us to innovate and excel. Selamat Hari Kemerdekaan! 🇮🇩 #advanceai #AI #independenceday #HariKemerdekaan

ADVANCE.AI recently signed an agreement with the Credit Information Corporation (CIC) to become the newest credit bureau in the Philippines. As announced previously, the credit bureau business will be led by Dennis Martin, who has 25 years of experience in the credit reporting industry. "This new bureau underscores our commitment to serving the needs of fintechs, digital banks and the digital economy in enhancing more informed lending decisions and financial inclusion across the country,” said Martin. This collaboration is more than just a milestone; it’s a commitment to driving innovation, transparency, and financial inclusion. The possibilities that shape the future of lending and borrowing in the Philippines are vast, and we're proud to be part of this journey. “We are looking forward to creating a more inclusive financial ecosystem to develop better credit reporting and credit scoring services, as well as increase competition and innovation of more diverse and robust credit data access to benefit both lenders and borrowers," said CIC President and Chief Executive Officer Ben Joshua A. Baltazar. Read more: https://hubs.ly/Q02Lx2FF0 #FinancialInclusion #Innovation #Philippines #Fintech #creditbureau

Yesterday, ADVANCE.AI CEO, Dong Shou, had the honour of speaking at a panel discussion in an intimate closed door session organised by the Singapore Institute of Directors and IMDA The event brought together 20 board directors, as the panelists explore the emerging trends and threats that board directors must be aware of to protect their organisations in this dynamic digital landscape. It was a truly dynamic conversation well facilitated by Emily Ng that provided actionable strategies and best practices for directors navigating these emerging threats. Here are some key takeaways from each panelist: 1️⃣ Murari K. highlighted the importance of navigating the #cyberthreat landscape from both a macro perspective and in dealing with AI-specific threats, emphasizing practical steps organizations should take to mitigate the risks of #deepfakes. 🛡️ 2️⃣ Ben Ang discussed the crucial role of governments and regulators in establishing safeguards for AI usage, stressing the need for public-private sector cooperation to manage societal impacts.🤝 3️⃣ Miles Wen provided insights into the vast potential of AI in solving business problems, while also addressing the challenges organisations face in keeping up with the rapid pace of technological advancements, particularly in deepfake risk mitigation.🤖 4️⃣ Dong Shou shared perspectives on leveraging AI for #riskmanagement, especially in #fraudmitigation and financial crime compliance, while balancing the pros and cons of "using AI to combat AI."🔒 Thank you to all the esteemed panelists for their insightful contributions. And big thanks to IMDA and Singapore Institute of Directors for organising the session - we look forward to more engaging sessions in future! Wee Keong Tan Edwin Low Joanna Wu #imda #imdaaccreditation #AI #Leadership #Innovation #DigitalTransformation

A big congratulations and our heartfelt gratitude to Fintech Alliance PH for putting together the highly engaging #ManilaTechSummit last week. And not forgetting a huge shout-out to all the speakers, including the Asia FinTech Alliance (AFA) members, for all the insightful sessions! The ADVANCE.AI team had an incredible time at the event, exhibiting alongside familiar names like LandBank of the Philippines, Grab, GCash, ByteDance / BytePlus and many more! The booths were buzzing with attendees bringing exciting discussions, and we’re thrilled to have connected with industry leaders, innovators, and fellow AI enthusiasts. We hope everyone had great discussions with the team onsite, and we'd love for the conversations to continue even after the event. For more discussion on how to use AI-powered technologies to advance your digital onboarding, request a demo now: https://hubs.ly/Q02KVlYL0

This week, we celebrate the spirit of unity, resilience, and innovation that defines our nation. At ADVANCE.AI, we are proud to be part of Singapore’s journey towards a brighter, smarter future. As we reflect on our achievements and look forward to new horizons, we remain committed to leveraging AI to drive positive change and empower businesses across the region. Here’s to many more years of growth, prosperity, and technological advancement! 🇸🇬 Happy birthday, Singapore! 🌟 🌟 🌟 🌟 🌟 #NationalDay #Singapore #Innovation #AI #SmartNation #oneunitedpeople

⏱ Counting down to the exciting Manila Tech Summit event happening on 6-7 August in Marriott Manila, organised by Fintech Alliance PH Inc. ADVANCE.AI is proud to be a booth sponsor for the event, and can't wait to see everyone there. Join us as we engage with top industry leaders, innovative startups, and world-class academics. Throughout the event, attendees can explore the forefront of Al technology and its transformative impact on our digital landscape. Whether you're a business professionlal, a tech enthusiast, or simply intrigued by the future of artificial intelligence, this summit is your gateway to the next wave of digital evolution. For your identity verification and digital onboarding needs, don't hesitate to approach our #TeamPH onsite for insightful and engaging discussions - it's a promise. Michael Calma, FICD Maria Cristina Razon Maan Zulaybar Melissa Nicolette L. Paguntalan Ronel Maglalang See you there! #ManilaTechSummit2024 #DigitalFuture #FinTechAliancePH

We are continuing to strengthen our growing credit bureau business with the addition of ADVANCE.BizQ (previously Jewel Paymentech). Coupled with ongoing Know your Transaction (#KYT) monitoring to identify illegal and fraudulent transactions, ADVANCE.BizQ will streamline business due diligence and compliance, particularly for financial institutions and SMEs managing counter-party risk, credit exposure and heightened compliance and AML regulations. "The enhancement of our KYB verification service, operating under ADVANCE.BizQ, comes at a crucial time of heightened anti-money laundering (#AML), #compliance and #riskmanagement challenges, as well as increasing need for business and financial security against counter-party #credit and #risk exposure. This will help streamline corporate due diligence, compliance and provide greater business security," said Dennis Martin, CEO of ADVANCE.AI’s credit bureau business. #ADVANCEAI #AdvanceBizQ #duediligence #creditbureau #creditrisk

We are deeply honored to have been invited by GND Cyber Solutions Pte. Ltd. ‘s roundtable alongside such esteemed spokespersons. One of our leaders, Mohammed Fouladi was sharing his insights and engage in meaningful discussions about the pressing issue of cyber threats with fellow attendees from PT Bank Jago Tbk , DANA Indonesia , Xignature , PT Bank BTPN Tbk , OVO (PT Visionet Internasional) and many others. We were inspired by the diverse perspectives and innovative solutions presented during the session. We look forward to continuing these vital conversations and fostering collaboration within the industry to combat cyber threats effectively. Thank you to everyone who participated and contributed to making this event a success. Anggraini Rahayu Fuenny Liwang Wini Violita #ADVANCEAI #GND #roundtable #Cyberthreats #AI