{"id":13976,"date":"2022-11-30T01:22:00","date_gmt":"2022-11-30T01:22:00","guid":{"rendered":"https:\/\/www.prnasia.com\/story\/archive\/3947595_AE47595_0"},"modified":"2022-11-30T01:22:00","modified_gmt":"2022-11-30T01:22:00","slug":"aizen-global-expands-its-creditconnect-banking-service-in-vietnam","status":"publish","type":"post","link":"https:\/\/transmediavictoria.net.au\/?p=13976","title":{"rendered":"AIZEN Global expands its CreditConnect banking service in Vietnam"},"content":{"rendered":"<p><span class=\"legendSpanClass\"><span class=\"xn-location\">SEOUL, South Korea<\/span><\/span>, <span class=\"legendSpanClass\"><span class=\"xn-chron\">Nov. 30, 2022<\/span><\/span> \/PRNewswire\/ &#8212;&nbsp;AIZEN Global (AIZEN) (CEO Jung Seok KANG), a member company of the Born2Global Centre (CEO <span class=\"xn-person\">Kim Jong<\/span>-kap), announced that it will expand its CreditConnect service in <span class=\"xn-location\">Vietnam<\/span>, enabling various industries such as retail, health care, and education to provide credit services.&nbsp;<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p> <a href=\"https:\/\/mma.prnasia.com\/media2\/1955977\/image_819222_5011795.html\" target=\"_blank\" rel=\"nofollow noopener\"> <img decoding=\"async\" src=\"https:\/\/mma.prnasia.com\/media2\/1955977\/image_819222_5011795.jpg?p=medium600\" title alt> <\/a> <br \/><span><\/span><\/p>\n<\/p><\/div>\n<p>&nbsp;AIZEN Global is an AI finance company that is highly regarded in <span class=\"xn-location\">Asia<\/span>, as proven by the many international awards it has received. It was ranked in second place globally by the Monetary Authority of <span class=\"xn-location\">Singapore<\/span> (MAS) at the Singapore Fintech Awards and first place at Hong Kong Fintech Week.&nbsp;In addition, AIZEN Global was selected as one of the top 5 largest startups at Startup Wheel 2022, the largest startup event in <span class=\"xn-location\">Vietnam<\/span>.<\/p>\n<p>CreditConnect is rapidly expanding with its &#8220;embedded finance&#8221; method that can be easily and quickly applied to industries that require lending services.&nbsp;AIZEN Global is collaborating with local financial institutions in <span class=\"xn-location\">Vietnam<\/span> to provide services such as data analysis, credit evaluation, and credit risk management through AI, making financial services available for local non-financial companies.&nbsp;Online vendors, which are growing rapidly, can receive loans based on sales data or through electric bike battery data analysis.&nbsp;<\/p>\n<p>AIZEN Global has created an AI model that makes it possible to offer financial services based on various types of non-financial data.&nbsp;Customers of non-financial companies will be provided with a variety of financial service options, including high loan approval rates and reasonable interest rates. This advanced service allows non-financial companies to acquire and secure loyal customers.&nbsp;In addition, financial institutions can expand their customer bases through CreditConnect.<\/p>\n<p>In particular, the CreditConnect e-commerce service can provide credit to e-commerce vendors quickly by analyzing sales information, transaction data, and expected settlement amounts collected from various types of shopping activity.&nbsp;Based on the data of Vietnamese online shopping vendors, the company is connecting excellent financial partners in <span class=\"xn-location\">Vietnam<\/span>.<\/p>\n<p>AIZEN Global has led digital AI finance projects of large financial companies, including <span class=\"xn-person\">Woori Bank<\/span>, <span class=\"xn-person\">Woori Card<\/span>, Hyundai Card, Samsung Fire &amp; Marine Insurance, and NH Nonghyup, and also participated in the Global Veritas Challenge,&nbsp;a global challenge to accelerate innovation in responsible AI solutions held by the Monetary Authority of <span class=\"xn-location\">Singapore<\/span>, for which it was included among the 10 finalists, including VISA, Dreamquark, Experian, EY, SAS, and Truera &amp; Demyst. AIZEN has also conducted AI credit scoring projects with global companies.&nbsp;<\/p>\n<p>AIZEN&#8217;s Vietnamese subsidiary is expanding its local partners, while the company helps its partners secure customers through its excellent AI financial technology. The CEO of AIZEN&#8217;s Vietnamese subsidiary said, &#8220;In Vietnam, where the digital transformation of finance is rapidly taking place, our partners are expected to achieve even higher competitiveness by using CreditConnect&#8217;s embedded finance.<\/p>\n<p><b>About Born2Global Centre<\/b><\/p>\n<p>The Born2Global Centre, operated by Born2Global, is a full-cycle service platform that supports the global expansion of promising companies. Established in 2013 under the Ministry of Science and ICT, Born2Global has been setting the standards for a successful startup ecosystem in Korea and continues to expand and transform startups so that they are engaged, well equipped, and connected with the global market.<\/p>\n<p>For more information, please visit <a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3719981-1&amp;h=3830908234&amp;u=https%3A%2F%2Fwww.born2global.com%2F&amp;a=https%3A%2F%2Fwww.born2global.com\" target=\"_blank\" rel=\"nofollow noopener\">https:\/\/www.born2global.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>SEOUL, South Korea, Nov. 30, 2022 \/PRNewswire\/ &#8212;&nbsp;AIZEN Global (AIZEN) (CEO Jung Seok KANG), a member company of the Born2Global Centre (CEO Kim Jong-kap), announced that it will expand its CreditConnect service in Vietnam, enabling various industries such as retail, health care, and education to provide credit services.&nbsp; &nbsp;AIZEN Global is an AI finance company [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":13977,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[],"class_list":["post-13976","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.9 - 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