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Advance.AI

Website: 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

 

Advance.AI liveness detection first in Southeast Asia to pass iBeta test

Singapore-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 2026

Juniper 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 fundraise

Iris 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 profiles

A 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 deals

The 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 unicorn

Advance.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 talent

A 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 excellence

IrisGuard 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 changes

Biometrics and digital identity companies Advance.AI, Passbase, Incognia, Centrify, Nethone have announced major leadership changes this month, appointing industry veterans…

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