This post was originally published on The FinTech Times
Ant International, the digital payment and fintech company, has joined forces with Dock, a payments and banking technology provider in Latin America, to offer new AI-driven credit technology solutions in Brazil.
In a move to empower local partners and advance financial inclusions, Ant International will enhance the credit management capability and infrastructure efficiency for Dock clients, comprising of financial institutions, retailers, and fintech start-ups.
Both firms aim to make credit services more inclusive for underserved market segments, such as micro, small, and medium-sized enterprises (MSMEs).
As part of the collaboration, Ant International will explore integrating its AI-driven credit tech solutions, including an automated and intelligent risk management engine, into the Dock One platform. By adopting these solutions, clients are expected to optimise their credit decision processes, increase underwriting efficiency and reduce costs.
In addition, the partnership will also enable the refinement of risk models and credit policies, leading to more precise assessments in their credit operations. The firms hope the move will better position clients to serve a wider audience and open up new opportunities for growth, contributing to broader economic development in the region.
“Ant International is the partner we were looking for to materialise our financial inclusion goals. As we do on all our
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