Ant Group Digital Technologies, a technology unit of Ant Group, recently introduced a number of new features in its cutting-edge digital solutions for the international market at the company’s Customer Day held in the Philippines.
Potential partners include digital banks, fintechs, and insurance companies and others that would like to offer online services which require eKYC. mPass, the company’s mobile development solution, helps companies build new super apps or improve the performance of exisiting apps. “We look forward to helping partners, including SMEs to operate their businesses online with ease,” Zhang Yi added.
One of the new functions, the eKYC Blacklist Management, according to Zhang Yi, can conduct real-time risk mining enabling an organization to protect itself from the illicit use of its products and services. Other features such as multiple-dimension risk assessment, enable merchants to better manage and mitigate risks.
Zhang Yi explained that mPaaS solution is important especially for banks and financial institutions that are gearing up for expansion. “When they grow their mobile applications, the challenges become bigger. mPaas offers a programming framework that will change the majority of coding into a mini program which is downloadable from the server side,” he said. “Just imagine how it will dramatically reduce the processing time in mobile applications. It can jumpstart a super app.
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