SCB Abacus partners with Humanica to develop Thailand's first digital lending solution for HR industry
SCB Abacus has announced their partnership with Humanica, the largest HR solutions provider in Thailand, in developing AI-powered online lending platform for use in automatically processing loan for the employees of Humanica's clients. The partnership marked another step forward in enhancing service scope and capability of both organizations in offering a total solution for their customers.
As Thailand's pioneer in applying AI and machine learning technology for credit-scoring and loan personalization, SCB Abacus has successfully developed digital lending solution that allows Humanica employees to access online loan service with personalized conditions to meet each individual need and immediate approval without the need of additional documentation. SCB Abacus' digital lending platform is guaranteed with distinguished international awards such as the Global Retail Banking Innovation Awards 2018 presented by The Digital Banker, and the Digital Disruptor of the Year 2018 presented by IDC (International Data Corporation).
Dr. Sutapa Amornvivat, Chief Executive Officer, SCB Abacus Co., Ltd., said that "We are delighted to collaborate with Humanica, Thailand's largest provider of human resource management services, under a shared common vision in leveraging the power of technology to create business value for consumers and the society. In this partnership, we lend our expertise to help Humanica expand their service capacity in bringing better benefits for their corporate customers. Through ease of financing and more effective management of their income and expenses, these employees can enjoy a better quality of life."
According to Soontorn Dentham, Managing Director, Humanica Public Company Limited, "We are committed to combining knowledge in working process and technology development to support the role of human resources management in creating value for business to support sustainable growth. We have found that a major problem which many employees face is the accumulation of personal debt and lack of savings for retirement. Our partnership with SCB Abacus aims to address this problem. Together with SCB Abacus' technological expertise and experience, we are confident that our partnership will create a powerful solution that can achieve our common mission in bringing happiness for both our clients and employees."