Ant Group and China Zheshang Bank Form Strategic Partnership to Combat Telecom Fraud Risks with AI Technology
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Ant Group and China Zheshang Bank have signed a strategic cooperation agreement to deepen collaboration in six areas including cutting-edge technology and digital finance. Together, they will explore new practices of digital technology in the digital transformation of financial institutions and enhance their ability to serve the real economy.
Specific cooperation includes collaboration in fields such as databases and IoT, jointly developing system construction for high-availability, high-scalability, and high-performance database application scenarios. The two parties will also cooperate in IoT and smart branches to improve the digital management level of branches and enhance customer experience. In the field of digital risk control, they will leverage big data and AI technologies to jointly combat fraud and telecom fraud risks.
China Zheshang Bank has made digital reform one of its key strategies. Through cooperation with Ant Group, it hopes to promote high-quality development of the real economy. Ant Group's digital technology solutions have been widely applied across multiple industries, including OceanBase, the distributed database with the top market share in the financial sector, as well as digital solutions serving over 10,000 clients in finance, new energy, copyright technology, and cross-border trade.
The two parties aim to jointly drive innovation and development of digital technology in the financial sector and support high-quality development of the real economy through this collaboration.