WISE AI creates impact in Thailand

WISE AI

WISE AI has been vigorously marketing itself to Thailand. It has made huge inroads there and just last week played a big part in True Digital Park’s ‘TDPK Boost Up Week: Corporate Connect’.

TDPK is set to be Thailand’s and Southeast Asia’s largest startup destination and the place to be for urbanites in the digital era.

Late last month, WISE AI attended StartUp Thailand as TDPK’s partner – to support all activities and provide technology to businesses in need of facial recognition (FR) technology.

‘TDPK Boost Up Week’ is aimed at bringing together corporates from different industries, especially those listed on the SET 100 (Stock Exchange of Thailand), to discuss ideas and technology that could solve their industry pain points.

In the inaugural ‘TDPK Boost Up Week’ from Aug 5-9, the focus was on banking, financial and insurance services areas where WISE AI’s expertise in FR and electronic Know Your Customer (eKYC), were major attractions. Among the companies present were Bangkok Insurance, Bangkok Bank, CitiBank, Siam Commercial Bank, B Krungthai, Kasikorn Bank, angkok Life Assurance, MTL Muang Thai Life Assurance, AIA and Krungsri Finnovate.

“It was a good opportunity to reintroduce ourselves to the major players in Thailand and to showcase some of our products,” said WISE AI co-founder and business director Justin Goh.

“We believe we have solutions which would appeal to those in the banking, financial and insurance services.”

He was talking about WISE AI’s innovative eKYC110 programme which makes it possible for customers to only spend one minute for onboarding (registering) and one second for approval with zero human intervention.

This creates a seamless customer experience, increases customer opt-in rate, reduces customer acquisition and verification costs and enhances customer risk assessment. Several WISE AI partners have already adopted eKYC110 with successful results, including Global Line Network to power its Growth Technique Application.

WISE AI eKYC110
Visitors viewing WISE AI’s eKYC110 presentation.

Thailand is aggressively pushing eKYC digital ID system based on facial recognition to facilitate online financial transactions and cybersecurity. Banks there also hope the legislation will allow them to rapidly grow their customer base through the Internet and mobile phones.

During the five-day ‘TDPK Boost Up Week: Corporate Connect’, WISE AI showcased their products to corporate decision-makers and key influencers in Thailand via a series of presentations.

WISE AI, an Asean-based technology firm with local offices in Singapore, Malaysia and Thailand, was also present for the Networking Event on the last day of the event where it had the chance to reinforce its position as the preferred facial recognition platform in ASEAN.

“I was delighted by the outcome of TDPK Boost Up Week: Corporate Connect’,” said Goh.

“Thailand is an important market due to its openness towards facial recognition and online financial banking. I believe we have made an impact and hope this opens more doors for us in Thailand.”

WISE AI Celebrity Look Alike
The ‘Celebrity Look-Alike’ was a hit at the event.

Solution providers wanting to know more about WISE AI’s technology can contact sales.fr@wiseai.tech while those eager to explore eKYC (electronic Know Your Customer) can contact sales.ekyc@wiseai.tech.

This article is brought to you by WISE AI.