Indonesian investment trading platform Nanovest is on a mission to democratize investment, by making it safe and easy for everyone to invest, especially the country’s young and new digital-savvy investors.
Advance Intelligence Group, a Singapore-based unicorn tech start-up, today announced its acquisition of Jewel Paymentech, a financial risk technology company specialising in merchant due diligence and fraud and risk management solutions for financial services and payments industry.
ADVANCE.AI is the first company in Southeast Asia to successfully pass iBeta's Presentation Attack Detection (PAD) test against fraudulent attacks in compliance to the International Organization for Standardization (ISO) 30107-3 standard for its liveness detection products.
ADVANCE.AI is expanding its market in Indonesia, especially banking, fintech and e-commerce sector. ADVANCE.AI plans to partner with even more clients to improve financial access for "credit invisible" Indonesians.03 March 2020
Advance Intelligence Indonesia (ADVANCE.AI) has received the ISO certification, a landmark data security and protection certification, which recognises ADVANCE.AI's commitment towards privacy regulations and data protection in the provision of its technology solutions and services to the local market.06 February 2020
MAS has received 21 applications from several consortia and companies for the five digital bank licenses that are up for grabs. ADVANCE.AI, along with Hong Kong-listed financial services firm Sheng Ye Capital and PhillipCapital, has bid for the digital bank license. The winners of the digital bank license are expected to start their businesses by mid-2021.06 January 2020
For the ADVANCE.AI consortium, the license bid is "an opportunity for us to impact an under-served segment", the company's chief marketing officer Mi Li said, confirming an earlier report in The Business Times. "Singapore SMEs often find it impossible to get the credit they need to grow their business."06 January 2020
ADVANCE.AI participated in the year selection of high-quality enterprises and industry representatives of the 2019 Shu Ju Yuan• Golden Ape Prize, which initiated by China's authoritative big data media Shu Ju Yuan. ADVANCE.AI's independent developed solution for Digital Identity Verification (DIV) is selected in the Golden Ape Prize•2019 China Big Data Product Ranking List.10 December 2019
Dong Shou, Co-founder and Chief Operating Officer (COO) of ADVANCE.AI, delivered a speech at the 3rd Wild Digital Indonesia Convention on 26 November 2019, the topics included: 1. Face recognition is an important way of fraud prevention, which is the only voucher that cannot be tampered with, and it is another method of credit identification. 2. The financing activity in the field of fintech innovation and digitalization is continually increasing. etc.27 November 2019