SCB Abacus has announced a partnership with Humanica, the largest human-resources solutions provider in Thailand, in order to develop an AI-powered online lending platform for use in automatically processing loans for the employees of Humanica’s clients.
The partnership will enhance the service scope and capability of both organizations in offering a total solution for their customers, said a press release on Tuesday.
SCB Abacus is a pioneer in applying AI and machine learning technology for credit-scoring and loan personalisation. It has successfully developed a digital lending solution that allows Humanica employees to access online loan services with personalised conditions to meet each individual’s needs and to receive immediate approval without the need for additional documentation.
SCB Abacus’ digital lending platform is guaranteed, and the company has earned international awards, such as the Global Retail Banking Innovation Awards 2018 presented by The Digital Banker, and the Digital Disruptor of the Year 2018 presented by IDC (International Data Corporation).