80 Robinson Road #09-01,
Singapore 068898
Advance.AI
ADVANCE.AI is a leading AI and big data company in Asia, helping to solve digital transformation, fraud prevention and process automation for enterprise clients. Started in 2016, the Singapore-headquartered company is a leader in Artificial Intelligence, risk management and digital lending solutions. It currently partners over 1,000 enterprise clients across Southeast Asia and India in banking, financial services, fintech, payment, retail and e-commerce. ADVANCE.AI is part of Advance Intelligence Group, a Series-C AI-driven technology company in Asia-Pacific, with operations across Southeast Asia, India and mainland China.
Advance.AI Biometrics News
iBeta biometrics lab busy with 5 PAD tests, 1 for accuracy in last 2 months
Half a dozen biometrics providers have received letters from iBeta Quality Assurance confirming their compliance to international standards for presentation…
| Aug 15, 2024 | Advance.AI solidifies Philippines presence with credit bureau servicesSelfie biometrics-based ID verification and compliance risk management services provider Advance.AI has announced a partnership with the Philippines Credit Information… |
| Aug 4, 2024 | Advance.AI improves KYB services for credit bureau servicesAdvance.AI has announced improvements to its KYB services for corporate due diligence processes in Southeast Asian countries such as Singapore… |
| May 20, 2024 | Sumsub brings non-doc biometric identity verification to new marketsBiometric identity verification providers are expanding their market reach in various ways, including Sumsub’s support for users without ID documents… |
| Feb 2, 2024 | Anonybit, Innovatrics, Advance.AI and Veriff bring in C-suite leadersNew C-level appointments have been unveiled by Anonybit, Innovatrics, Advance.AI and Veriff. D3 Labs, ITL and Simprints also added talent… |
| May 3, 2023 | Investors are finding deals among biometric verification firmsA pair of corporate finance deals that a year ago would have barely broken the water’s surface are in the… |
| Mar 31, 2023 | Fintechs flock to selfie biometrics for compliant onboardingDigiCOOP, a digital and financial services app for people in the Philippines, has signed up with Singapore-based Advance.AI for digital… |
| Oct 5, 2022 | Advance.AI integrates Visa credit-scoring service to onboard SE Asia’s unbankedSingapore-based AI and digital identity verification provider Advance.AI has integrated credit scoring capabilities from Visa to help it address unbanked… |
| Jun 9, 2022 | Advance.AI liveness detection first in Southeast Asia to pass iBeta testSingapore-based digital identity verification provider Advance.AI announced its biometric liveness detection products have passed iBeta’s Presentation Attack Detection (PAD) test… |
| Apr 19, 2022 | Regtech to pass $204B, make up half of all regulatory compliance spend by 2026Juniper Research forecasts spending of $68 billion on regulatory compliance in 2022 will grow more than 200 percent by 2026… |
| Mar 23, 2022 | Worldcoin raising $100M for biometric crypto, Advance.AI parent company considers fundraiseIris biometric-based cryptocurrency Worldcoin is reportedly set to raise $100 million through the sale of its tokens, while Advance.AI’s parent… |
| Mar 21, 2022 | Digital ID trends for finance: cloud authentication, tokenization and credit profilesA new webinar episode from Business Insider and Au10tix explores new identity verification trends in relation to financial services. The… |
| Nov 4, 2021 | Biometric KYC for financial services extended with FacePhi, Shufti Pro, Vouched dealsThe digital identity verification and know your customer (KYC) sector continues to flourish in part due to the effects of… |
| Sep 9, 2021 | $200M fundraise turns Advance.AI into biometric fraud prevention unicornAdvance.AI is working to finalize a $200 million funding round that would bestow unicorn status on the Singaporean biometric fraud… |
| Sep 3, 2021 | Paravision, Trust Stamp, Advance.AI add new talentA number of companies in the biometrics and digital ID space announce the appointment of new talent this week. Paravision… |
| Jul 16, 2021 | IrisGuard, BIO-key, Saffe, Advance.AI, iProov awarded for biometrics excellenceIrisGuard won a GLOMO Award, and BIO-key a Lucintel 2021 Technology Innovation Award, among several award wins and recognitions for… |
| Jul 21, 2020 | Biometric solution providers announce leadership, executive management changesBiometrics and digital identity companies Advance.AI, Passbase, Incognia, Centrify, Nethone have announced major leadership changes this month, appointing industry veterans… |
