Latest news with #JiangmingYang
Yahoo
a day ago
- Business
- Yahoo
Ant International launches new AI platform for fintech sector
Ant International has introduced the new AI platform, Alipay+ GenAI Cockpit, to enhance financial services for fintech companies and super apps. This AI-as-a-Service (AIaaS) platform is designed to facilitate the development of AI-driven financial services. The Alipay+ GenAI Cockpit is intended to assist businesses in creating AI-native financial services by integrating automated workflows and task orchestration across various fintech operations. These include payment orchestration, customer onboarding, compliance checks, fraud detection, and dispute resolution. The platform has been developed based on Ant International's core business units, including Alipay+, Antom, WorldFirst, and global treasury management services. Following successful trials, the platform is set to be deployed by its first external clients in Southeast Asia and South Asia in June this year. The Alipay+ GenAI Cockpit utilises more than 20 leading large language models (LLMs) and incorporates fintech-specific knowledge bases to enhance the precision of AI agents. The platform also includes Antom Copilot, an AI agent designed to assist merchants in optimising payment integration and managing risk strategies through natural language processing. Additionally, the Cockpit features a variety of pre-built agents for tasks such as customer service and marketing content curation, while allowing for customisation to meet specific business needs. The platform supports deployment across public clouds and on-premise environments. Ant International chief innovation officer Jiangming Yang said: 'The future of finance will be shaped by agentic AI that not only carry out tasks autonomously in real automated workflows and sophisticated financial business and compliance context with reliability, but also interact, evolve and learn rapidly in orchestration with ever-growing precision.' The company has noted a significant rise in AI-related scams, with 22% of businesses reporting incidents of AI-generated payment fraud. To address these risks, Ant International has implemented its AI SHIELD framework, which provides real-time risk assessments and employs over 100 recognition models to detect potential threats. In July 2024, BNP Paribas and Ant International partnered to improve cross-border payment solutions for European merchants and consumers. "Ant International launches new AI platform for fintech sector" was originally created and published by Retail Banker International, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio
Finextra
3 days ago
- Business
- Finextra
Ant International ships Alipay+ GenAI Cockpit
Ant International has unveiled Alipay+ GenAI Cockpit, an AI-as-a-Service (AIaaS) platform that empowers fintech companies and super apps to build AI-agentic and ultimately AI-native financial services. 1 The new platform combines automated workflows and task orchestration across main fintech tasks, from payment orchestration, customer onboarding, compliance checks, to fraud detection, dispute resolution, as well as evaluation and performance optimization. Jiangming Yang, chief innovation officer of Ant International, says: 'The future of finance will be shaped by agentic AI that not only carry out tasks autonomously in real automated workflows and sophisticated financial business and compliance context with reliability, but also interact, evolve and learn rapidly in orchestration with ever-growing precision,' said . Built on over 20 Large Language Models, Alipay+ GenAI Cockpit has been tried and tested on Ant International's four key business units: wallet gateway service from Alipay+, merchant payment services, cross-border business account service at WorldFirst, and embedded finance for global treasury management, digital lending and credit tech. Upon successful completion of trial runs, the first external clients in Southeast Asia and South Asia will start officially deploying the Cockpit in June 2025. The full package includes a security shield to keep scammers at bay, bank transfer rules and dispute resolution policies, as well as code correction and the auto-completion of merchant onboarding documents. Cockpit also offers a wide selection of pre-built agents covering regular tasks including customer service, content curation for targeted marketing, and AI-assisted coding. One level up, a business can additional customise agents for more specialised scenarios such as travel advisory, tax refunds, cross-border remittance, and loyalty rewards. 'The FinAI sector is at its big-bang moment,' sayds Yang. 'We are eager to work with the industry to evolve and expand the toolbox as well as this ecosystem to help financial businesses scale their growth faster and better.'
Business Wire
3 days ago
- Business
- Business Wire
Ant International Pushes AI Strategy with AI Platform for Fintechs
SINGAPORE--(BUSINESS WIRE)--Ant International, a leading global digital payment, and financial technology provider, today unveils its AI strategy with the launch of Alipay+ GenAI Cockpit, an AI-as-a-Service (AIaaS) platform that empowers fintech companies and super apps to build AI-agentic and ultimately AI-native financial services with enhanced efficiency, security, and flexibility. Making AI systemically work for finance remains the holy grail of the current AI revolution. Alipay+ GenAI Cockpit is a platform to help entrepreneurs architect an agentic and ultimately AI-native financial services, combining automated workflows and task orchestration with a dynamic enterprise context, across main fintech tasks, from payment orchestration, customer onboarding, compliance checks, to fraud detection, dispute resolution, as well as evaluation and performance optimization. 'The future of finance will be shaped by agentic AI that not only carry out tasks autonomously in real automated workflows and sophisticated financial business and compliance context with reliability, but also interact, evolve and learn rapidly in orchestration with ever-growing precision,' said Jiangming Yang, Chief Innovation Officer of Ant International. Alipay+ GenAI Cockpit has been honed on Ant International's four key business units: wallet gateway service (Alipay+), merchant payment service (Antom), cross-border business account service (WorldFirst), and embedded finance service (global treasury management, digital lending and credit tech solutions). Upon successful completion of trial runs, the first external clients in Southeast Asia and South Asia will start officially deploying the Cockpit in June 2025. Three-Pronged AI Strategy: Security, Vertical Fintech Expertise, and Platform-level Support for Agentic FinAI Combining a fintech-specific toolbox and dynamic industry knowledge base alongside business-ready AI innovations, the Cockpit embodies three key directions of Ant International's AI strategy. Security Shield for Trusted AI AI scamming threats using deepfake and other technologies have been growing over 10 folds by the year, with grave implications especially in the financial sector. Statistics show 22% of businesses have encountered AI-generated payment fraud. 1 Ant International invests heavily in AI security solutions to combat external AI scamming attacks and eliminate internal model security risks such as model hallucination or bias. Its AI SHIELD framework manages risks across system architecture designing, data processing, model training, and inferencing. It offers real-time dynamic risk assessment, including detecting adversarial prompts and sensitive data leakage through over 100 recognition models and 600,000 risk lexicons. Today, fraud loss rate in Ant International's merchant payment service is 5% of industry average. Deep Vertical Financial Expertise Alipay+ GenAI Cockpit leverages over 20 leading LLMs, including Ant International's own Falcon Time-Series-Transformer FX Model. However, it has focused on integrating fintech knowledge bases, such as bank transfer rules and dispute resolution policies, to help businesses build specialized fintech agents. The Cockpit toolbox supports retrieval-augmented generation (RAG), post-training, evaluation, and benchmarking, taking the combination of general-purpose datasets with industry-specific benchmarks developed from Ant International's financial expertise to help improve model precision. Built on the Cockpit, Antom Copilot is the world's first AI agent designed to help merchants boost conversion by streamlining the process of payment method integration, recommending optimal payment channels, and resolving common tasks like code correction and the auto-completion of merchant onboarding documents. It also allows merchants to configure risk management strategy with natural language. Full-Stack FinAI Platform Support Cockpit offers a wide selection of pre-built agents covering regular tasks including customer service, content curation for targeted marketing, and AI-assisted coding. One level up, a business can easily customize agents for more specialized scenarios such as travel advisory, tax refunds, cross-border remittance, and loyalty rewards, accelerating time-to-value across business functions. Further, the Cockpit's model context protocol (MCP) marketplace supports major MCP servers developed thus far and allows businesses to create their own MCP servers to enable autonomous task completion. It also supports flexible deployment across public clouds and on-premise environments, drawing on strategic partnerships with Google Cloud and other top-tier infrastructure providers. 'The FinAI sector is at its big-bang moment,' said Yang. 'We are eager to work with the industry to evolve and expand the toolbox as well as this ecosystem to help financial businesses scale their growth faster and better.' About Ant International With headquarters in Singapore and main operations across Asia, Europe, the Middle East and Latin America, Ant International is a leading global digital payment, digitisation and financial technology provider. Through collaboration across the private and public sectors, our unified techfin platform supports financial institutions and merchants of all sizes to achieve inclusive growth through a comprehensive range of cutting-edge digital payment and financial services solutions. To learn more, please visit
Yahoo
3 days ago
- Business
- Yahoo
Ant International Pushes AI Strategy with AI Platform for Fintechs
Three-pronged AI strategy focuses on AI security, Vertical Fintech Expertise, and Full-stack AI platform support First fintech clients begin official integration in June 2025 in Southeast Asia and South Asia SINGAPORE, June 04, 2025--(BUSINESS WIRE)--Ant International, a leading global digital payment, and financial technology provider, today unveils its AI strategy with the launch of Alipay+ GenAI Cockpit, an AI-as-a-Service (AIaaS) platform that empowers fintech companies and super apps to build AI-agentic and ultimately AI-native financial services with enhanced efficiency, security, and flexibility. Making AI systemically work for finance remains the holy grail of the current AI revolution. Alipay+ GenAI Cockpit is a platform to help entrepreneurs architect an agentic and ultimately AI-native financial services, combining automated workflows and task orchestration with a dynamic enterprise context, across main fintech tasks, from payment orchestration, customer onboarding, compliance checks, to fraud detection, dispute resolution, as well as evaluation and performance optimization. "The future of finance will be shaped by agentic AI that not only carry out tasks autonomously in real automated workflows and sophisticated financial business and compliance context with reliability, but also interact, evolve and learn rapidly in orchestration with ever-growing precision," said Jiangming Yang, Chief Innovation Officer of Ant International. Alipay+ GenAI Cockpit has been honed on Ant International's four key business units: wallet gateway service (Alipay+), merchant payment service (Antom), cross-border business account service (WorldFirst), and embedded finance service (global treasury management, digital lending and credit tech solutions). Upon successful completion of trial runs, the first external clients in Southeast Asia and South Asia will start officially deploying the Cockpit in June 2025. Three-Pronged AI Strategy: Security, Vertical Fintech Expertise, and Platform-level Support for Agentic FinAI Combining a fintech-specific toolbox and dynamic industry knowledge base alongside business-ready AI innovations, the Cockpit embodies three key directions of Ant International's AI strategy. Security Shield for Trusted AIAI scamming threats using deepfake and other technologies have been growing over 10 folds by the year, with grave implications especially in the financial sector. Statistics show 22% of businesses have encountered AI-generated payment fraud.1 Ant International invests heavily in AI security solutions to combat external AI scamming attacks and eliminate internal model security risks such as model hallucination or bias. Its AI SHIELD framework manages risks across system architecture designing, data processing, model training, and inferencing. It offers real-time dynamic risk assessment, including detecting adversarial prompts and sensitive data leakage through over 100 recognition models and 600,000 risk lexicons. Today, fraud loss rate in Ant International's merchant payment service is 5% of industry average. Deep Vertical Financial ExpertiseAlipay+ GenAI Cockpit leverages over 20 leading LLMs, including Ant International's own Falcon Time-Series-Transformer FX Model. However, it has focused on integrating fintech knowledge bases, such as bank transfer rules and dispute resolution policies, to help businesses build specialized fintech agents. The Cockpit toolbox supports retrieval-augmented generation (RAG), post-training, evaluation, and benchmarking, taking the combination of general-purpose datasets with industry-specific benchmarks developed from Ant International's financial expertise to help improve model precision. Built on the Cockpit, Antom Copilot is the world's first AI agent designed to help merchants boost conversion by streamlining the process of payment method integration, recommending optimal payment channels, and resolving common tasks like code correction and the auto-completion of merchant onboarding documents. It also allows merchants to configure risk management strategy with natural language. Full-Stack FinAI Platform SupportCockpit offers a wide selection of pre-built agents covering regular tasks including customer service, content curation for targeted marketing, and AI-assisted coding. One level up, a business can easily customize agents for more specialized scenarios such as travel advisory, tax refunds, cross-border remittance, and loyalty rewards, accelerating time-to-value across business functions. Further, the Cockpit's model context protocol (MCP) marketplace supports major MCP servers developed thus far and allows businesses to create their own MCP servers to enable autonomous task completion. It also supports flexible deployment across public clouds and on-premise environments, drawing on strategic partnerships with Google Cloud and other top-tier infrastructure providers. "The FinAI sector is at its big-bang moment," said Yang. "We are eager to work with the industry to evolve and expand the toolbox as well as this ecosystem to help financial businesses scale their growth faster and better." About Ant InternationalWith headquarters in Singapore and main operations across Asia, Europe, the Middle East and Latin America, Ant International is a leading global digital payment, digitisation and financial technology provider. Through collaboration across the private and public sectors, our unified techfin platform supports financial institutions and merchants of all sizes to achieve inclusive growth through a comprehensive range of cutting-edge digital payment and financial services solutions. To learn more, please visit ____________________ 1 View source version on Contacts Media Contact Ant InternationalJanice
