TrustDecision participated in HUAWEI CONNECT 2024 in Shanghai as a Huawei partner and Financial Partner Go Global Program (FPGGP) board member, showcasing its AI-powered fraud prevention and credit risk solutions.
September 25, 2024
2 minutes
Yuqi Chen, Elaine Cheong
Shanghai, September 25th – TrustDecision, a Huawei partner and board member of the Financial Partner Go Global Program (FPGGP), demonstrated its AI capabilities in managing fraud and credit risk at HUAWEI CONNECT 2024. The global event brought together leaders from all around the world, providing TrustDecision the platform to connect with new and familiar faces, and to engage in meaningful discussions about the future of digital transformation, risk management, and AI-driven decision-making.
TrustDecision’s team held on-site conversations with industry leaders from the Middle East, APAC, Africa, and Europe, focusing on how AI and other latest technologies are reshaping the future of risk management. Leveraging on the the strength of Huawei Cloud’s infrastructure, we've integrated a suite of solutions with enhanced computing power, data security and real-time processing capabilities -- helping our clients to achieve high-performance in speed and accuracy. The team also shared plenty of experience in preventing fraud across multiple industries, and discussed collaborative approaches to creating safer, smarter solutions for today’s complex organizational challenges.
On stage, TrustDecision’s CEO, Leo Li, delivered a keynote outlining how TrustDecision has enhanced AI's critical thinking in the risk environments, highlighting the four major cyber fraud challenges that online businesses encounter, ranging from the complexities of identity verification, the increasing sophistication of fraud methods, the diversification of fraud tactics—ranging from phishing to AI-driven attacks—and the cross-border nature of fraud that complicates law enforcement. Leo showcased the company’s innovative AI-powered solutions, which are actively reducing risks and improving operational efficiency for businesses worldwide. For instance, TrustDecision's anti-fraud solution offers real-time decision-making, capable of handling 50,000 transactions per second, identifying and blocking fraud in just 50 milliseconds. The credit scoring system leverages advanced risk management technologies to support financial institutions with 95% accuracy in credit risk assessments. By integrating with Huawei's infrastructure, TrustDecision's tackling the challenges heads-on.
In private sessions, Leo Li, CEO of TrustDecision, alongside Max He, Head of Channel Management，Peter Lv, General Manager of International Business, and Jim L., Regional Director of APAC, led discussions with risk management leaders. They shared TrustDecision’s decade of expertise in building comprehensive risk management systems and highlighted their vision for contributing to a safer, more resilient digital economy, particularly in emerging markets.
TrustDecision extends its gratitude to everyone who visited their booth and took part in these meaningful discussions. The company remains committed to advancing risk management practices through constantly evolving AI technology, deliver intelligent, scalable and secure solutions to businesses globally, meeting the growing demands of digital economy.
Let’s chat!
Let us get to know your business needs, and answer any questions you may have about us. Then, we’ll help you find a solution that suits you
TrustDecision empowers businesses with AI-driven decision engine designed for fraud prevention, credit risk decisioning and ensure regulatory compliance. It leverages on machine learning models and big data capabilities to deliver real-time risk insights with accuracy and automate decision-making process to deliver maximum operation efficiency.
