Tencent Leverages Cutting-Edge Technology and Partnerships to Lead a New Era of FinTech Innovation

Tencent wins at the SFF FinTech Excellence Awards 2024, announces key partnerships with industry leaders, and unveils new fintech solutions.

SINGAPORE, Nov. 8, 2024 /PRNewswire/ -- At the Singapore FinTech Festival (SFF) 2024, global Internet and technology giant, Tencent, pushed the boundaries of innovation in fintech and digital transformation with a host of engagements, partnership milestones, and the unveiling of future-ready solutions.

Joining thousands of attendees at the annual event, Tencent showcased how it is leveraging decades of consumer and enterprise technology expertise to collaborate with industry players, tapping into opportunities in the financial industry, and delivering innovative business solutions that foster sustainable growth for financial institutions and ecosystem partners in the region.

"Building a resilient and agile infrastructure is essential for financial institutions seeking to thrive in the digital era," said Dowson Tong, Senior Executive Vice President & Chief Executive Officer, Cloud and Smart Industries Group, Tencent, during the event's "AI and Cloud: Powering the Economies of Tomorrow" keynote fireside chat. "AI-powered tools like advanced authentication and fraud detection require a foundation of reliable infrastructure to operate effectively, and foster a more secure automated financial environment. In addition, by leveraging trends like video, content, super app and AI, atop a robust Cloud stack, we can drive meaningful innovation and unlock transformative opportunities across industries, with a growing financial services ecosystem."

The global AI in fintech market is expected to expand from USD 13,515.7 million in 2024 to USD 58,701.4 million by 2034, reflecting a robust CAGR of 15.9%. The keynote fireside, which opened the three-day event reflects this growing demand from consumers and enterprises alike in the applications and potential of cloud and AI solutions in the field of fintech. By leveraging AI-driven tools like Digital Humans, Super-App-as-a-Service, ultra-high accuracy eKYC, high performance distributed database TDSQL, and Risk Control Engine, Tencent financial cloud technologies have successfully enabled over 10,000 enterprises across 20 countries across the globe.

Tencent also clinched the Thematic – AI, Quantum Champion Award under the SFF FinTech Excellence Awards 2024, which spotlights groundbreaking initiatives that harness new technologies to revolutionise industry practices and enhance financial services delivery.

"This accolade underscores Tencent's commitment to advancing secure, user-friendly innovations in digital payments. Our latest innovations reflects our dedication to enhancing everyday convenience through seamless and reliable solutions, while maintaining the highest standards of privacy and data security. This is a testament to our ongoing efforts to bring transformative technology to consumers and businesses alike," said Xia Kai, Head of Tencent Palm Product Innovation.

The showcase at SFF marks Tencent's debut of its advanced palm recognition technology, Tencent Palm, in Singapore. This was unveiled through Tencent and Visa's partnership to introduce the palm recognition technology for digital payments. The service will be rolled out by Visa, with cardholders from participating banks in Singapore, including DBS, OCBC and UOB, being a part of this pilot programme.

This partnership was one of many insightful engagements with industry leaders and ecosystem partners that took place at the festival, which included exclusive Tencent-led workshops at the Elevandi Insights Forum, and various panel sessions represented across Tencent's businesses such as Tencent Cloud, Tenpay Global, and Weixin Pay.

Daniel Hong, Vice President of Tencent Financial Technology, highlighted Weixin Pay's innovations in enhancing payment accessibility, particularly by reducing costs for small and micro merchants while advancing cross-border payment interconnectivity.

Wenhui Yang, General Manager at Tencent Financial Technology Asia Pacific and CEO of Tenpay Global (Singapore), also discussed the role of AI-powered risk control strategies in protecting users from fraud risks and spotlighted the importance of technology in ensuring secure payment systems.

Innovative technologies like Tencent Palm, Tencent Cloud AI Digital Human, and Tenpay Global Remittance were on display at the Tencent booth's interactive areas, which welcomed key representatives from the Monetary Authority of Singapore (MAS), Bank of Thailand (BoT), and more.

"Consumer behavior and expectations have vastly changed due to the ubiquity of mobile phones and other accessible technologies. Financial institutions must now expand their online services and re-architect their business systems, to meet the needs for services anytime anywhere, and the ever-increasing volume of online transactions. As we advance toward a future of accessible and inclusive financial services, we are hopeful that our collective efforts will help shape a secure and innovative digital ecosystem for the industry," concluded Tong.

About Tencent

Tencent is a world-leading internet and technology company that develops innovative products and services to improve the quality of life of people around the world.

Our communication and social services connect more than one billion people around the world, helping them to keep in touch with friends and family, access transportation, pay for daily necessities, and even be entertained. Our financial technology business covers payment, credit, wealth management and insurance sectors, as we support our partners' business growth and assist their digital upgrade through FinTech and other enterprise services. We also publish some of the world's most popular video games and other high-quality digital content, enriching interactive entertainment experiences for people around the globe.

Tencent was founded in Shenzhen, China, in 1998, and has been listed on the Main Board of the Stock Exchange of Hong Kong since 2004.

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

Tencent Leverages Cutting-Edge Technology and Partnerships to Lead a New Era of FinTech Innovation

Tencent Leverages Cutting-Edge Technology and Partnerships to Lead a New Era of FinTech Innovation

Tencent Leverages Cutting-Edge Technology and Partnerships to Lead a New Era of FinTech Innovation

Tencent Leverages Cutting-Edge Technology and Partnerships to Lead a New Era of FinTech Innovation

HANOI, Vietnam, Nov. 8, 2024 /PRNewswire/ -- DND International Eye Hospital is the first facility in Vietnam to implement SMILE Pro technology, an advanced FDA-approved eye refractive surgery method. It is also an ideal destination for international tourists seeking to combine travel with refractive eye surgery.

Health tourism is rapidly gaining popularity in Asia, and Eye Refractive Surgery in Vietnam is becoming an appealing option for international tourists due to its high-quality medical services and affordability.

Travelers are increasingly seeking not just attractive destinations but also opportunities to improve their health, particularly through medical services like eye refractive surgery. Vietnam is emerging as a prime destination that fulfills both tourism and healthcare needs, with the DND International Eye Hospital in Hanoi being a leading choice for eye refractive surgery.

1. Convenient Solution: Combining Tourism and Eye Refractive Surgery

Many international travelers are opting to combine tourism with myopia surgery to save time and costs. The surgery is safe, quick, and offers a short recovery period, making it ideal during travel.

At DND International Eye Hospital, a pre-surgery eye examination takes about two hours, and the surgery itself lasts only 15-20 minutes. Patients can even complete a comprehensive exam and surgery in a single day. After a 24-hour post-surgery check, they can continue exploring Vietnam's beautiful sights with confidence.

2. Cutting-Edge Technology for Eye Refractive Surgery

Quality equipment and technology are crucial when choosing a place for  lasik surgery. DND International Eye Hospital is equipped with state-of-the-art systems that meet international standards. This includes advanced diagnostic tools and the latest laser machines, such as the VISUMAX 800 laser with SMILE Pro technology and the Femto LDV Z8 from Ziemer, both of which are FDA-certified for safety and effectiveness.

SMILE Pro's 2mm incision quickly corrects refractive errors while minimizing risks and promoting fast recovery. DND leads the Asia-Pacific region in the number of SMILE surgeries, demonstrating its credibility and service quality.

3. Leading Ophthalmologists in Vietnam

DND International Eye Hospital features a highly qualified team of ophthalmologists with over 30 years of experience. These specialists are pioneers in SMILE technology and continually update their skills at international institutions, ensuring that each surgery is performed by experts dedicated to the latest medical advancements.

Additionally, the doctors and staff are proficient in English, facilitating effective communication with international patients. This presence of top specialists and English-speaking personnel builds trust among local and international patients alike. The hospital also offers 24/7 support for patients before and after surgery.

4. Cost-Effective Lasik Eye Surgery

Myopia surgery in Vietnam is attracting international tourists due to its affordability. Compared to countries like the U.S. and Japan, the costs in Vietnam are significantly lower while maintaining comparable quality. For instance, while SMILE surgery costs around $6,000 - $8,000 in the U.S., in Vietnam, it is only about a third of that price.

5. Comprehensive Examination Process for Safety

DND International Eye Hospital prioritizes patient safety with a thorough examination process comprising eight international standard steps. This includes various assessments to ensure safe surgery and optimal outcomes tailored to individual needs.

6. 5-Star Medical Service

DND International Eye Hospital offers a 5-star service experience, featuring a friendly environment and attentive care. Patients are warmly welcomed and guided throughout their treatment, and the hospital provides free periodic post-surgery checkups to ensure ongoing health monitoring.

The health tourism trend, especially in eye refractive surgery, presents numerous opportunities for international visitors to Vietnam. With modern technology, a specialized medical team, and attentive service, DND International Eye Hospital is the perfect choice for those looking to enhance their vision while enjoying a memorable vacation. The hospital guarantees a remarkable healthcare experience at reasonable costs.

For more information about DND International Eye Hospital, please contact:

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

DND International Eye Hospital: Pioneering SMILE Pro Surgery & Leading the Trend of Refractive Surgery Tourism in Vietnam