News Snapshot:
China Bohai Bank taps Bairong for AI-powered digital upgrade Software-as-a-Service (SaaS) provider Bairong will provide digital infrastructure to China Bohai Bank, including fraud and loan monitoring systems. With the financial sector becoming an increasingly data-rich and technology-intensive environment, Bairong says financial institutions need help to scale up their IT infrastructure. Bairong’s cloud SaaS platform is a middle platform that allows financial institutions to “rapidly upscale and digitise their internal and external operations”. The vendor says banks use the AI-powered platform to enhance collaboration between isolated systems, integrating back-end resources and bringing down the costs of front-end business. Bairong CFO, Zhao...
