SINGAPORE, Nov. 11, 2024 /PRNewswire/ -- Leading fintech company FinVolution Group highlighted their innovative use of Artificial Intelligence (AI) to enhance and empower credit services during a presentation at the Singapore FinTech Festival(SFF) 2024.
Attracting over 66,000 participants from 150 countries this year, Singapore FinTech Festival is a premier global gathering that brings together leaders and innovators from policy, finance, and technology. Held annually in Singapore, SFF serves as a key platform for exploring the future of finance and driving forward ground-breaking solutions in the fintech industry.
Joseph Ruan, COO of FinVolution Group's Philippines Business, shared insights on the company's sophisticated AI-driven strategies for addressing critical challenges in the credit sector. Ruan stated, "In today's rapidly evolving landscape, the integration of AI is crucial for tackling challenges such as data verification, especially with the rise of deepfake threats that jeopardize identity systems in the credit sector."
In his presentation, Ruan showcased how FinVolution Group applies AI throughout its entire credit service process to optimize intelligence, efficiency, and security. The company applies AI-driven solutions in key areas such as intelligent marketing, customer service, risk management, and post-loan management, ensuring a seamless and highly effective credit process.
In particular, FinVolution's AI-powered risk management framework leverages big data to generate precise credit ratings, predict overdue rates, and determine optimal pricing. The company has developed over 50 risk models that assess individual customer risk levels in mere seconds. By deploying a comprehensive AI-driven e-KYC detection system throughout the credit process, FinVolution is able to streamline operations while ensuring accurate risk management.
The company also utilizes sophisticated graph-based analysis to detect fraudsters and fraud networks, with algorithms scanning millions of interconnections to identify suspicious activity. This approach has helped FinVolution prevent an estimated $3 million in annual losses by uncovering fraudulent activities involving multiple identities.
Founded in 2007, FinVolution Group is a NYSE-listed fintech company connecting millions of consumers, along with micro- and small-sized enterprises, to financial institutions. With established fintech platforms in China, Indonesia, the Philippines, and Pakistan, the company has a proven record of growth across pan-Asian markets.
About FinVolution Group
FinVolution Group is a leading fintech company that connects millions of consumers as well as small-sized enterprises with financial institutions.
Founded in 2007 and listed on the New York Stock Exchange in 2017, we have been at the forefront of the pan-Asian credit technology industry, pioneering innovative technologies in credit risk assessment, fraud detection, big data, and artificial intelligence. With a proven track record of robust growth in pan-Asian countries, we have established leading fintech platforms in China, Indonesia, and the Philippines.
For more information, please visit en.finvgroup.com
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
FinVolution Showcases AI-Powered Credit Innovation at Singapore FinTech Festival 2024
LAS VEGAS, Jan. 2, 2025 /PRNewswire/ -- As one of the global leaders in the display industry, KOORUI is set to unveil a range of cutting-edge products at CES 2025, showcasing advancements in both technology and user experience. These launches mark another milestone in delivering innovative display solutions to consumers. We warmly invite you to visit KOORUI at Booth #35609 in South Hall 2 of the Las Vegas Convention Center to explore these products firsthand.
The highlight of the new product lineup is the world's first consumer-grade monitor featuring an unprecedented 750Hz refresh rate. To compensate for the color defects of the TN panels, the screen uses the latest QD film with a wide color gamut solution, enabling a color gamut of up to DCI-P3 95%.
In today's esports landscape, where every frame can be a game-changer in fast-paced FPS and MOBA games, there is a growing demand on ever-smoother performance for esports players. Traditional monitors with refresh rates of 144Hz, 240Hz, or even 480Hz are no longer sufficient to meet the expectations of top-tier gamers. KOORUI's new gaming monitor shatters these boundaries, delivering an exceptional 750Hz refresh rate that brings next-level visual fluidity. KOORUI has scheduled the mass production of this model in 2025, with a global launch planned.
Product Specifications:
MOD
KOORUI G7
Display Type
TN
Screen Size
24.5-inch
Resolution
FHD
Color Gamut
DCI-P3 95%
Refresh Rate (Max.)
750Hz
Response Time
0.5ms
HDR
HDR 400
In addition to unveiling new products, KOORUI will also showcase its popular featured lineup at CES 2025, including OLED gaming monitors such as the OG32UK (a 480Hz UHD gaming monitor) and the GS49UK (a 49-inch DQHD ultra-wide gaming monitor with a high fresh rate).
Leveraging its parent company - HKC's robust supply chain and proprietary glass manufacturing facilities, KOORUI will also exhibit a range of cost-effective monitors tailored for bulk procurement needs.
About KOORUI
KOORUI is an innovative tech and lifestyle brand under HKC, a leading powerhouse in China's semiconductor display industry. Founded on May 4, 2021, coinciding with Youth Day, KOORUI is dedicated to the design, research, development, and sales of smart hardware and consumer electronics.
Leveraging its parent company's extensive expertise in R&D, raw materials, design, and craftsmanship, KOORUI combines high-quality customer service, efficient supply chain management, and cost optimization to deliver exceptional products. This holistic approach has established KOORUI as a globally recognized brand in the consumer electronics industry. Known for their impressive refresh rates, superior graphic quality, and innovative designs, KOORUI monitors have gained the trust of gamers, designers, and office users alike. With a philosophy of "Pragmatism, Integrity, Innovation, and Pursuit of Excellence", KOORUI is committed to delivering exceptional visual experiences with its advanced technology and user-oriented features.
With over 6 million units shipped annually and a robust global marketing network, KOORUI has established a strong presence across North America, Europe, Asia-Pacific, and the Middle East.
To learn more about KOORUI's innovative technologies, visit our booth at CES 2025 or explore our official website at koorui.net.
Social Media:
Facebook: @Kooruimall
Twitter: @Kooruimall
Instagram: @Koorui_official
Tiktok: @Koorui_official
Youtube: @Koorui_official
CONTACT: support@koorui.net
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
KOORUI to Unveil the World's First Monitor with a 750Hz Refresh Rate at CES 2025
