WeBank awarded Best Digital Bank in Asia Pacific for 2019 at The Asian Banker China Awards 2019

• WeBank carried out a large number of application explorations in artificial intelligence technology
• WeBank built a risk control model and a financial application system for privacy protection to significantly reduce marketing costs
• WeBank connected multi-dimensional data of 10 million small and micro enterprises across the organization

Beijing, July 25th, 2019—WeBank was awarded Best Digital Bank in Asia Pacific for 2019 at The Asian Banker China Awards 2019. The awards ceremony was held in conjunction with The Asian Banker Finance China 2019, the foremost annual meeting for decision-makers in the financial services industry in the Asia Pacific region, held at the Ritz-Carlton (Huamao Center), Beijing, China.

Standing from left: Richard Hartung, International Resource Director, The Asian Banker; Representative from WeBank; Wilson Chia, International Resource Director, The Asian Banker; Foo Boon Ping, Managing Editor, The Asian Banker

WeBank carried out a large number of application explorations in artificial intelligence technology

WeBank innovated “Intelligent Customer Service Robot”,” Automated Speech Recognition and Quality Inspection System” and “Intelligent Outbound System”. The systems solved 97% of customers’ consultation based on historical consulting data and various artificial intelligence technologies.

WeBank built a risk control model and a financial application system for privacy protection to significantly reduce marketing costs

WeBank breaks through the performance limitations of commercial statistics software by using QuickML, which controls the risk and implements it in multiple business scenarios, hence to solve the security problem of cross-institutional big data cooperation. Based on Federated Learning and the enterprise joint modeling business system will establish an enterprise technology alliance ecology, covering areas such as anti-money laundering, insurance, credit and customer value management.

WeBank connected multi-dimensional data of 10 million small and micro enterprises across the organization

WeBank combined more than one billion Internet device data and tens of millions of bank account information through Federated Learning, improved the agency's anti-fraud ability and optimized multiple dimensions of the advertisement through AI and big data. Recently, WeBank is focusing on cloud computing, biometric authentication, big data and artificial intelligence, blockchain, robotic process automation and augmented reality.

Finance China is the leading annual conference that brings financial institutions, regulators, policy makers, services providers to meet and share professional insights, work on detailed solutions and discuss the latest trends in the industry

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The Asian Banker is the region’s most authoritative provider of strategic business intelligence to the financial services community. The Singapore-based company has offices in Singapore, Malaysia, Manila, Hong Kong, Beijing, and Dubai, as well as representatives in London, New York, and San Francisco. It has a business model that revolves around three core business lines: publications, research services and forums. The company’s website is http://www.theasianbanker.com/.

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Ms. Moira Zhan
The Asian Banker
Email: mailto:mzhan@theasianbanker.com