BEIJING, September 29, 2021 / PRNewswire / – Bairong Inc (“Bairong” or “The Company”, 6608.HK), China’s Leading Independent AI-Powered Technology Platform), Named One of Top 10 Solution Providers banking technologies for 2021 by CIOReview. The list identifies the top 10 FinTech companies chosen by a panel of industry experts and analysts as well as the CIOReview Editorial Board. After reviewing hundreds of banking technology solution providers, Bairong was shortlisted as being at the forefront of meeting challenges in the banking space.
Bairong is recognized as one of the leaders in China’s fintech industry that enables financial service providers (FSPs) to accelerate their digital transformation. The company is known for its cutting-edge AI-powered digital tools designed to help FSPs analyze consumer financial and behavioral patterns. Bairong’s state-of-the-art consumer database contains a vast array of consumer labels along with unmatched big data analysis and translation capabilities that can convert unstructured consumer financial and behavioral data into intuitive insights and exploitable. These tools have helped many FSPs establish robust credit risk management systems that allow them to continuously monitor potential risks and stay ahead of the curve.
“Being selected in the Top 10 providers of banking technology solutions at CIOReview 2021 is an important achievement for Bairong. This is a new step that demonstrates our ability and commitment to provide the best solutions to our customers to help them achieve them in the long term. growth of the company and refine their competitive advantages in the ever-changing financial scene, ”said Zhang Shaofeng, Founder, Chairman and CEO.
Leveraging Bairong’s consumer database, the company created a one-stop SaaS platform integrated with AI, cloud computing, blockchain and big data technology to enable FSPs to simplify consumer data management and more. The platform is also equipped with risk scoring algorithms, data-driven analysis models and a cloud-based decision-making engine that can enable PSFs to analyze in depth the profiles of consumers and accurately identify their financial risks. In addition, Bairong-developed InsurTech platform, Liming Box, provides a holistic data-driven analytics solution to insurance brokers to increase consumer loyalty and profitability.
Over the past few years, Bairong’s fintech solutions, along with its collaboration with global financial institutions, have created some of the industry’s best business practices. Written by Lauren Cohen, Xiaoyan Zhang, and Spencer CN Hagist, a business case study titled “Bairong and the Promise of Big Data” has been published in the Harvard Business School Case Collection. This in-depth analysis presents Bairong’s strategy to overcome the challenges faced by different companies in the fintech and big data fields, as well as its innovative AI-based fintech solutions that help financial institutions meet modern challenges.
“From day one, Bairong’s vision has been to leverage the prowess of AI, cloud computing and big data technology to create powerful tools that address some of the financial industry’s biggest challenges and help FSPs to streamline their operations. We achieved this thanks to the constant attention of our experienced staff. Now, we have created an unprecedented fintech platform based on high standards and a sense of passion that we bring to partnerships with global financial players, ”added Zhang.
About Bairong Inc.
Founded in March 2014, Bairong is a leading independent AI-based technology platform in China serving more than 5,100 financial service provider clients. Bairong was the largest independent provider of financial big data analytics solutions in China. Adhere to the mission of empowering every financial service provider in China With intelligent and comprehensive data analytics, Bairong has built a cloud-native technology platform that supports the full business cycle of FSP clients, including pre-loan risk management, post-loan monitoring, risk management NPL and insurance risk management, enabling them to reduce exposure to fraud and improve their risk management effectiveness. Bairong also provides big data marketing and distribution services that enable FSP customers to reach and serve their target customers more efficiently.
For more information, please visit Bairong Inc.
SOURCE Bairong Inc