130 views
Photo from Envato Elements

Ant International streamlines AI for secure, cost-effective cross-border transactions

The initiative is designed to help merchants.

Ant International has expanded its AI capabilities to enhance and secure cross-border transactions for merchants across more than 200 markets globally.

The company’s AI-powered FX model can predict currency exchange rates on an hourly basis, providing more precise forecasts for inbound and outbound transactions.

This model is designed to reduce transaction costs for merchants and allows for human intervention if discrepancies arise, preventing over-reliance on AI.

Meanwhile, to counter security threats from deepfake technology, Ant International also developed an anti-deepfake electronic Know Your Customer (e-KYC) tool with an interception success rate exceeding 99%.

“Integrating AI into cross-border transaction processing is crucial for strengthening global trade, particularly for SMEs that previously could not afford real-time settlement services. Deploying AI in merchant services not only boosts operational efficiency but also enhances fraud detection to combat emerging threats, like deepfake scams,” said Yang Peng, CEO of Ant International.

Follow the link for more news on

Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.

The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.


If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. It's a better use of everyone's time.