AIZEN Global
AIZEN Global runs two connected businesses from Seoul. ABACUS is an automated machine learning platform built for finance, used by large banks, card issuers and insurers to build…
Overview
AIZEN Global runs two connected businesses from Seoul. ABACUS is an automated machine learning platform built for finance, used by large banks, card issuers and insurers to build, monitor and update thousands of predictive models in parallel through one interface, covering underwriting, fraud detection, anti money laundering, auditing and claims, and exposed through interfaces that leave existing systems unchanged. CreditConnect applies it to lending, converting non financial data from e-commerce, mobility, e-wallet, education and healthcare platforms into credit decisions so those platforms can offer financing while banks remain the lender. The company was the first designated by Korea's Financial Services Commission to underwrite loans on behalf of banks using AI-driven credit decisions, and signed 117 affiliated companies within eight months of launching in Vietnam.
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