Shenzhen Changyin Technology Service Company Limited (referred to as “Changyin Technology”) and Laboratory for AI-Powered Financial Technologies Limited (referred to as “AIFT”) have recently officially reached a strategic cooperation.

The two parties will engage in comprehensive cooperation in the commercial application of the cross-border e-commerce market, utilizing financial technology technologies such as artificial intelligence, big data analysis, and intelligent risk management to develop products and services. The goal is to collaboratively develop advanced financial technology services and products.

Mr. Lei SHI, General Manager of Changyin Technology, expressed, “This strategic cooperation marks a significant step in Changyin Technology’s technological expansion. Leveraging AIFT’s capabilities, we aim to synergize our technologies and resources to enhance intelligent risk management systems, establish a one-stop cross-border e-commerce financial technology platform, and expand cross-border e-commerce platform channels in emerging markets, forming a more diversified cooperation model.”

Professor Houmin YAN, Director of AIFT, added, “The cross-border e-commerce market holds immense potential. AIFT hopes to assist Changyin Technology in augmenting the intelligence of cross-border e-commerce operations through AI technology applications, offering more intelligent, secure, and convenient financial technology services to cross-border e-commerce customers.”

Through this strategic cooperation, Changyin Technology and AIFT will fully integrate their respective technological advantages and industry experience to launch leading financial technology products in the areas of cross-border e-commerce market development, big data analysis, and intelligent risk management. This will provide the most comprehensive platform services and technical solutions for both cross-border e-commerce customers and financial institution clients.

Laboratory for AI-Powered Financial Technologies Limited

The Laboratory for AI-Powered Financial Technologies Limited (AIFT) is a technology innovation center cofounded by City University of Hong Kong and Columbia University with the commitments to pioneering research, fostering talents, and commercializing technological applications. AIFT is the only FinTech research lab recognized by the InnoHK Research Cluster of the HKSAR government.

AIFT aims to integrate modern financial theories, artificial intelligence technologies, and traditional risk control methods to address three key issues in the supply chain finance: data and price discovery mechanisms, risk control mechanisms, and settlement guarantee mechanisms.

Shenzhen Changyin Technology Service Company Limited

Shenzhen Changyin Technology Service Company Limited (referred to as “Changyin Technology”) is a wholly-owned subsidiary of Chang’an Inkasso Asset Management Company Limited. It is a digital cross-border trade service platform that uses information technology to build user profiles for cross-border small and medium-sized enterprises and digitize enterprise assets. Changyin Technology focuses on providing data intelligence and innovative financial solutions for domestic and international financial institutions and cross-border small and medium-sized enterprises, supporting the sustainable and healthy development of cross-border small and medium-sized enterprises throughout the entire cycle.