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Credefi Scores Major Milestone in Partnership with TradFi Mogul Experian

New York, NY, January 01, 2023 – (SEAPRWire) – On a path to solve critical inefficiencies in the field of traditional financial lending and borrowing, Credefi has achieved a major milestone in its partnership with the TradFi behemoth Experian. Credefi has managed to secure the rights to use Experian’s officially recognized and reputable brand materials to now position itself as “Credefi – Powered by Experian.” In doing so, the team has become the first in the blockchain industry to secure a partnership of this proportion. Experian is one of the two largest credit bureaus in the world. The company collects and researches credit information of individuals and also rates their ability to repay debt. It’s a publicly-traded company with thousands of employees and offices around the world, harboring a total market capitalization upwards of $27 billion. The above hints at the massive importance of this partnership and the trust and transparency it invokes in Credefi. The collaboration is aimed at further expanding Credefi’s reach and access to institutional-grade clients and formalizes both companies’ bilateral cooperation. It also highlights the highest of standards that the team sets out to maintain when it comes to the quality of its service, but also the safety and security of its users. Both companies are working to better the open banking system and integrate comprehensive FinTech APIs. The partnership makes it very easy and frictionless to check and adjust Credefi’s scoring, but it’s also important for Experian. As part of the Green Deal of the European Union, Credefi becomes the official Experian partner and mediator for providing the service of Green Company scoring to each of the firms that apply for a loan through their platform. For context, the Green Deal is aimed at improving the overall health and well-being of EU citizens and their future generations. To do so, the framework sets forth the groundwork for fresher air, cleaner water, healthier soil and biodiversity, more energy efficient buildings, healthier and more affordable food, and so forth. Understanding the importance of compliance and also being fully present, Credefi’s partnership with Experian is aimed at upholding the high standards laid out in the framework. About Credefi Credefi is a reliable provider of decentralized and secured lending portfolios. The company maintains a bespoke approach to compliance, transparency, and security. Its goals are to protect lenders and borrowers from the volatile nature of the cryptocurrency market by delivering fixed returns. About Experian Experian is a multi-billion dollar publicly-traded company dealing with credit scoring and rates. It’s the second-largest credit bureau in the entire world and offers data and analytical tools to companies in over 65 countries. Social Links Twitter: https://twitter.com/credefi_finance Instagram: https://www.instagram.com/credefi_finance/ YouTube: https://www.youtube.com/channel/UCm7pNNokKcI7c87FxBCPElA Discord: https://discord.com/invite/SWCYpE2xVq Medium: https://medium.com/@credefi Telegram: https://t.me/credefi Media contact Brand: Credefi Finance Contact: Ivo Grigorov Website: credefi.finance SOURCE: Credefi Finance The article is provided by a third-party content provider. SEAPRWire ( https://www.seaprwire.com/ ) makes no warranties or representations in connection therewith. Any questions, please contact cs/at/SEAPRWire.com Sectors: Top Story, Daily News SEA PRWire: PR distribution in Southeast Asia (Hong Kong: AsiaExcite, EastMud; AsiaEase; Singapore: SEAChronicle, VOASG; NetDace; Thailand: SEAsiabiz, AccessTH; Indonesia: SEATribune, DailyBerita; Philippines: SEATickers, PHNotes; Malaysia: SEANewswire, KULPR; Vietnam: SEANewsDesk, PostVN)

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SingSing, Sing-to-Earn Project with AI Scoring Technology Soon to Become a Musical SocialFi Platform

Ho Chi Minh City, Vietnam, June 1, 2022 - (ACN Newswire via SEAPRWire.com) - SING SING PTE. LTD. (SingSing) officially announced the successful integration of Artificially Intelligent Scoring Technology into the SingSing App, allowing automatic scoring of the singer's performance. SingSing's AI Scoring Technology is based on three criteria: First, evaluation is based on voice-related factors, including the right music, the voice quality and whether it reflects the chosen favorite singer well. Second, when performing with the camera on, AI Scoring Technology evaluates the singer's appearance based on the standard facial proportions. Finally, during the singing process, singers' facial expressions are also evaluated in comparison to the song. This is a breakthrough in community connection because this one-of-a-kind AI Scoring Technology is not only capable of interacting with, but also helping to connect millions of people who love to sing together at the same time.Sing-to-Earn towards a SocialFi platform in the music industry.In addition to its technological prowess, SingSing has connected with more than 30 famous Asian singers, with more than 40 million fans across Asia. Furthermore, the SingSing App is ready to store thousands of popular songs in English, Chinese and Vietnamese.The community in SingSing App can participate in singing events through the evaluation of AI Scoring Technology to sing along with their idols and be rewarded for their talents with tokens issued by SingSing. Singers can use these tokens for a variety of purposes on the platform, from exchanging NFTs of singers to purchasing the experience NFT for exclusive interactions between idols and fans, along with countless exciting activities. SingSing's Sing-to-Earn model will ensure simple accessibility and great entertainment.With the vision of becoming a musical SocialFi platform with global potential, SingSing welcomes users from all countries with its vast music collection from many more artists and cultures to come.SingSing has cooperated with leading rappers in Southeast Asia to issue NFT, in process of finalizing sales, and a test version of the SingSing NFT Marketplace. SingSing App trial version with Sing-to-Earn features will be released by the team in Q3 of 2022.About SingSingThe pioneer in music web3 platform for singing lovers.Social Links:Twitter: https://twitter.com/singsingnetworkTelegram: https://t.me/singsingchannelDiscord: https://dsc.gg/singsingFacebook: https://www.facebook.com/SingSingGlobalMedia Contact:Contact: SING SING Team, SING SING PTE. LTDEmail: contact@singsing.netWebsite: https://singsing.net/SOURCE: SING SING PTE. LTD Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

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Verofax is the Winner of Bahrain Islamic Bank’s ‘BisB Innovation Challenge’

BAHRAIN, Jan 25, 2021 - (ACN Newswire) - Bahrain Islamic Bank (BisB), a leading Bank in the Arab Gulf region, has announced Verofax as winner of the 'BisB Innovation Challenge', a Fintech Competition run as part of the Bank's partnership with 'FinHub 973: CBB (Central Bank of Bahrain) Digital Lab', the Kingdom's open application programming interface (API) innovation platform. Verofax, a mature and enterprise-ready service provider, was selected after rigorous screening to ensure a solution with the requisite level of feasibility and security to maintain the confidentiality and security of customers' financial data.Verofax, founded by Wassim Merheby, and technology partner Turnkey Lender proposed a unique approach in emerging as the Fintech with potential to build the most promising Proof of Concept (PoC) for the sought solution. Verofax offered a PoC for a Credit Scoring solution, incorporating alternative and unstructured datasets, to improve the Banks speed and breadth of its financial services to existing and new clients. The Credit Scoring solution will constitute a platform that uses adaptive machine learning and sophisticated AI (Artificial Intelligence) to empower the Bank's financial advisory unit with advanced data insights to enable them to provide a more personalized banking experience for their clients, especially in the wake of a pandemic that is evolving the banking landscape. 14 challengers from around the globe participated in the BisB Innovation Challenge, which was powered as the FinHub 973: CBB Digital Lab by Fintech Galaxy. The appointed judging panel comprised of Osama Nasr, Chief Information Officer of BisB; Wesam Baqer, Chief Corporate & Institutional Banking of BisB; and Yasmeen Al Sharaf, Head of Fintech and Innovation Unit at the Central Bank of Bahrain (CBB).Panel judge Wesam Baqer, Chief Corporate & Institutional Banking of BisB reiterated support for Verofax as the winner, stating, "We are confident that the Credit Scoring solution will bring a level of innovation to the banking industry that is both convenient and safe. The sought solution will ultimately simplify money matters for our customers' securely, and it will streamline internal operations while providing them with data-backed intelligence, allowing us to deliver an exceptional level of service, which was ultimately the determining criteria in our selection of the winning participant, Verofax."Chief Executive Officer of BisB, Hassan Jarrar, said, "The BisB Innovation Challenge and tech-focused Fintech Competitions of this nature are imperative for innovation, especially considering the upcoming challenges facing the financial industry, both in the wake of COVID-19 and in order to effectively bridge the existent gap we have in the market when it comes to innovative Fintech solutions. We want to create better synergies between FinTechs and Banks, and harness the power of technology and AI to solve real issues, and encourage cross-industry collaboration, in order to offer a transformed customer experience."Wassim Merheby, CEO of Verofax Limited, added, "AI-based credit scoring solutions are innovative services that draw intelligence from non-linear relationships across a plethora of unstructured and alternative datasets. The service powers banks with unmatched visibility and speed while helping reduce the probability of default and increase financial inclusion. We partnered with Turnkey Lender to provide BisB with exclusive solutions to secure its financial services with simplicity." Dmitry Voronenko, CEO and co-founder of TurnKey Lender congratulated Verofax, "We're extremely excited about helping larger audiences in the Middle East extend fully digital affordable credit to their clients locally and worldwide. We are happy and delighted to be selected by our partner Verofax. We look forward to continued and extended collaboration on new lending automation, credit scoring, and decisioning projects."For details, please visit BisB at www.bisb.com or email callcentre@bisb.com.For technical matters, visit Verofax at www.verofax.com or contact info@verofax.comAbout BisBBahrain Islamic Bank (BisB) was established in 1979, the first Islamic commercial bank in the Kingdom of Bahrain. The Bank has maintained its leading position in the Islamic banking sector through adopting innovative Islamic investment and financing products, supported by superior retail and corporate banking services. The Bank is listed on the Bahrain Stock Exchange and operates under the supervision of the Central Bank of Bahrain (CBB). Please visit www.bisb.com.About Verofax Verofax Limited is an automation, optimization and validation solutions provider for enterprises and financial institutions with a presence in Asia, the Middle East and Africa. The Verofax platform allows enterprises to share operational datasets with Banks to boost their credit scoring. Please visit www.verofax.com.About TurnKey LenderTurnKey Lender is an Award-winning AI-based Loan Origination and Management Software firm for Banks and Non-bank Lenders with offices and operations across 50 countries. Turnkey lender's Unified Lending Management platform delivers innovative and automated credit scoring solutions to minimize risk, increase efficiency and make lending easier for banks. See www.turnkey-lender.com.About FinHub973FinHub 973: CBB (Central Bank of Bahrain) Digital Lab, is the region's first cross-border, digital innovation platform that connects and facilitates collaboration between financial institutions and Fintechs. Powered by Fintech Galaxy, FinHub 973 enables Fintechs to connect seamlessly with Bahrain's financial institutions and to explore, test and prototype on a centralised digital sandbox. Visit www.finhub973.com and www.fintech-galaxy.com. Copyright 2021 ACN Newswire. All rights reserved. www.acnnewswire.com

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Verofax Winner of Bahrain Islamic Bank’s ‘BisB Innovation Challenge’

BAHRAIN, Jan 25, 2021 - (ACN Newswire) - Bahrain Islamic Bank (BisB), a leading Bank in the Arab Gulf region, has announced Verofax as winner of the 'BisB Innovation Challenge', a Fintech Competition run as part of the Bank's partnership with 'FinHub 973: CBB (Central Bank of Bahrain) Digital Lab', the Kingdom's open application programming interface (API) innovation platform. Verofax, a mature and enterprise-ready service provider, was selected after rigorous screening to ensure a solution with the requisite level of feasibility and security to maintain the confidentiality and security of customers' financial data.Verofax, founded by Wassim Merheby, and technology partner Turnkey Lender proposed a unique approach in emerging as the Fintech with potential to build the most promising Proof of Concept (PoC) for the sought solution. Verofax offered a PoC for a credit scoring solution, incorporating alternative and unstructured datasets, to improve the Banks speed and breadth of its financial services to existing and new clients. The credit scoring solution will constitute a platform that uses adaptive machine learning and sophisticated AI (Artificial Intelligence) to empower the Bank's financial advisory unit with advanced data insights to enable them to provide a more personalized banking experience for their clients, especially in the wake of a pandemic that is evolving the banking landscape. 14 challengers from around the globe participated in the BisB Innovation Challenge, which was powered as the FinHub 973: CBB Digital Lab by Fintech Galaxy. The appointed judging panel comprised of Osama Nasr, Chief Information Officer of BisB; Wesam Baqer, Chief Corporate & Institutional Banking of BisB; and Yasmeen Al Sharaf, Head of Fintech and Innovation Unit at the Central Bank of Bahrain (CBB).Panel judge Wesam Baqer, Chief Corporate & Institutional Banking of BisB reiterated support for Verofax as the winner, stating, "We are confident that the Credit Scoring solution will bring a level of innovation to the banking industry that is both convenient and safe. The sought solution will ultimately simplify money matters for our customers' securely, and it will streamline internal operations while providing them with data-backed intelligence, allowing us to deliver an exceptional level of service, which was ultimately the determining criteria in our selection of the winning participant, Verofax."Chief Executive Officer of BisB, Hassan Jarrar, said, "The BisB Innovation Challenge and tech-focused Fintech Competitions of this nature are imperative for innovation, especially considering the upcoming challenges facing the financial industry, both in the wake of COVID-19 and in order to effectively bridge the existent gap we have in the market when it comes to innovative Fintech solutions. We want to create better synergies between FinTechs and Banks, and harness the power of technology and AI to solve real issues, and encourage cross-industry collaboration, in order to offer a transformed customer experience."Wassim Merheby, CEO of Verofax Limited, added, "AI-based credit scoring solutions are innovative services that draw intelligence from non-linear relationships across a plethora of unstructured and alternative datasets. The service powers banks with unmatched visibility and speed while helping reduce the probability of default and increase financial inclusion. We partnered with Turnkey Lender to provide BisB with exclusive solutions to secure its financial services with simplicity." Dmitry Voronenko, CEO and co-founder of TurnKey Lender congratulated Verofax, "We're extremely excited about helping larger audiences in the Middle East extend fully digital affordable credit to their clients locally and worldwide. We are happy and delighted to be selected by our partner Verofax. We look forward to continued and extended collaboration on new lending automation, credit scoring, and decisioning projects."For details, please visit BisB at www.bisb.com or email callcentre@bisb.com.For technical matters, visit Verofax at www.verofax.com or contact info@verofax.comAbout BisBBahrain Islamic Bank (BisB) was established in 1979, the first Islamic commercial bank in the Kingdom of Bahrain. The Bank has maintained its leading position in the Islamic banking sector through adopting innovative Islamic investment and financing products, supported by superior retail and corporate banking services. The Bank is listed on the Bahrain Stock Exchange and operates under the supervision of the Central Bank of Bahrain (CBB). Please visit www.bisb.com.About Verofax Verofax Limited is an automation, optimization and validation solutions provider for enterprises and financial institutions with a presence in Asia, the Middle East and Africa. The Verofax platform allows enterprises to share operational datasets with Banks to boost their credit scoring. Please visit www.verofax.com.About TurnKey LenderTurnKey Lender is an Award-winning AI-based Loan Origination and Management Software firm for Banks and Non-bank Lenders with offices and operations across 50 countries. Turnkey lender's Unified Lending Management platform delivers innovative and automated credit scoring solutions to minimize risk, increase efficiency and make lending easier for banks. See www.turnkey-lender.com.About FinHub973FinHub 973: CBB (Central Bank of Bahrain) Digital Lab, is the region's first cross-border, digital innovation platform that connects and facilitates collaboration between financial institutions and Fintechs. Powered by Fintech Galaxy, FinHub 973 enables Fintechs to connect seamlessly with Bahrain's financial institutions and to explore, test and prototype on a centralised digital sandbox. Visit www.finhub973.com and www.fintech-galaxy.com. Copyright 2021 ACN Newswire. All rights reserved. www.acnnewswire.com

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Football: Manchester City recover from slow start to see off Porto

MANCHESTER (AFP) - Manchester City's latest quest for Champions League glory got off to a winning start as Pep Guardiola's men came from behind to beat Porto 3-1 at the Etihad on Wednesday (Oct 21). Luis Diaz's solo effort punished a sloppy City start for the Portuguese champions, who felt hard done by when Sergio Aguero equalised thanks to a contentious penalty award. However, the Premier League side's quality shone through after half-time when Ilkay Gundogan's free-kick and substitute Ferran Torres' fine finish moved City to the top of Group C. Guardiola admitted on Tuesday to still feeling guilty over the experimental line-up and formation that led to City's latest Champions League calamity in last season's quarter-finals against Lyon little over two months ago. The Catalan is into the final year of his contract at the Etihad and potentially his last chance to land the prize City most desired when they brought him to Manchester five years ago. However, in the early weeks of the season, City have look a faded force from the prime of Guardiola's reign in winning back-to-back Premier League titles between 2017 and 2019. Without the injured Kevin De Bruyne, the English giants were again far from their free-flowing best and Porto took advantage early on. Former Benfica captain Ruben Dias was at fault for giving the ball away for the opener against his old rivals. But Diaz still had a huge amount to do as he eased past timid challenges from Rodrigo and Joao Cancelo before unleashing a powerful effort into the far corner. The visitors' lead only lasted seven minutes and City levelled with a good deal of fortune. Gundogan inadvertantly caught Porto 'keeper Agustin Marchesin as he tried to direct the ball goalwards and after the German's shot came off the post, Raheem Sterling was barged over in the box by Pepe. After a lengthy VAR review, Gundogan's challenge was not deemed a foul to overturn the initial decision to award a penalty and Aguero smashed home his first goal of the season. Porto still had the better chances to retake the lead before half-time as Matheus Uribe fired over with the goal gaping from a misplaced clearance by Ederson. Kyle Walker then saved Dias from scoring an own goal as he turned Moussa Marega's cut-back towards his own net. City regained control after the break, but it wasn't until a moment of magic from Gundogan 25 minutes from time that they went in front. The midfielder won a free-kick on the edge of the area and then curled the ball over the wall to the relief of Guardiola on the sidelines. Gundogan was starting for the first time since testing positive for coronavirus and he was replaced seconds after scoring as Guardiola added a fresh injection of pace in Phil Foden and Torres. The 20-year-olds combined to seal the points as Foden's pass fed the Spaniard, who skipped inside Pepe before curling high into the far corner. Marchesin kept the score down late on with great saves from Riyad Mahrez and Rodrigo, while tempers flared between Guardiola and Porto boss Sergio Conceiçao after Pepe and Sterling clashed off the ball. However, City suffered a late injury blow when captain Fernandinho, who had only been on the field nine minutes, was forced off with what looked like a muscle problem.

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