FinDoc and CTOS Team Up to Advance AI-Driven Financial Services in Malaysia

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May 28, 2024

FinDoc Partners with CTU for Advanced AI-Based Identity Verification

FinDoc Sdn Bhd, a rising FinTech star in Malaysia, has teamed up with the esteemed credit reporting agency CTOS Data Systems Sdn Bhd to enhance loan eligibility assessments with cutting-edge AI technology. Announced through a recent Memorandum of Understanding, this collaboration is set to boost financial literacy and inclusion across Malaysia. The initiative reflects a significant step toward enriching financial understanding among Malaysian consumers, highlighting a shared commitment to enhancing financial accessibility.

Empowering Malaysians with Advanced Financial Tools

The partnership aims to equip Malaysian consumers with crucial knowledge and resources to make savvy financial decisions. By integrating CTOS’s detailed financial data and state-of-the-art e-KYC (Know Your Customer) onboarding processes, FinDoc is enhancing its platform to better serve users seeking financial products suited to their needs. This collaboration not only supports consumers in optimizing their financial health but also aligns with national goals to improve financial literacy and inclusion.

Setting New Standards in Financial Services

With the aid of CTOS’s comprehensive databases and the AI capabilities of FinDoc, the partnership is poised to transform how Malaysians approach financial products and services. The fusion of these technologies ensures a smoother, more secure user experience during credit evaluations, fostering trust and ease in financial transactions. Recognized by the Malaysia Book of Records for its pioneering efforts, FinDoc’s innovative approach is supported by Cradle Fund Sdn Bhd, emphasizing the government’s support for fostering innovation and entrepreneurship within the country’s financial sector.

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