Indonesia – AND Solutions has announced a new software provision agreement with PT AEON Credit Service Indonesia which will leverage AND Solutions’ AI-based custom credit scoring platform to automate PT AEON Credit Service Indonesia’s credit screening operations, improve average screening time, and enhance overall customer experience.
AND Solutions’ credit scoring platform is powered by AI and ML technology to create tailor-made custom scoring models. The solution utilises different customer data held by financial institutions such as credit history, income source, and alternative data to accurately score the creditworthiness of borrower applicants.
By leveraging the inherent adaptabilities of AI and ML technology, AND Solutions scoring models can remain current and effective in the changing business landscape. The technology offered by AND Solutions will empower PT AEON Credit Service Indonesia to streamline loan assessment process and improve operational efficiency.
Khos-Erdene Baatarkhuu, CEO of AND Global, added: “We are delighted to be offering our AI-based custom credit scoring to PT AEON Credit Service Indonesia. Streamlining the loan assessment process is an essential step to enhancing customer experience by reducing screening times and automating operations. The trust placed in us by PT AEON Credit Service Indonesia strengthens our commitment to supporting their mission of delivering accessible and inclusive financial services to Indonesians, enhancing their quality of life, and addressing their long-term financial needs through our technology.”
Meanwhile, Yasunori Narabayashi, president director of PT AEON Credit Service Indonesia, commented, “We are confident that AND Solutions’ AI-powered credit scoring software will enable us to offer a frictionless experience to our customers in Indonesia. Their expertise, speed, and flexibility are essential for us to modernize our operations and increase efficiency.”