Artificial Intelligence (AI) financial technology company PFCT (PFC Technologies) announced on the 3rd that the core technology of its AI risk management solution package "AIRPACK" has been officially registered with the Korean Intellectual Property Office.
AIRPACK is an integrated solution that applies AI technology throughout the entire risk management process, from data preprocessing to strategy formulation and operational monitoring. Specifically, it consists of three products: the AI credit evaluation model "AIRModel" developed based on customized strategies for financial institutions, "AIRLab" that performs data analysis and strategy design, and "AIRStudio" responsible for executing and monitoring the established strategies.
The patented technology registered this time is for a method and device for providing loan strategies through a dashboard, which intuitively presents loan execution strategies by integrating and analyzing financial product and channel data in a market where online loan comparison services have become common. Through this, PFCT has officially secured protection for its AI risk management system architecture and algorithms.
The patented technology has undergone enhancement and is currently embedded and utilized in "AIRLab" and "AIRStudio." The two products visualize key indicators, including the performance and goals of financial institutions' loan products, customer inflow and handling status by channel, and approval rates, limits, and volumes by credit rating, on a real-time dashboard. They propose and execute strategy options through an AI-based adjustment model, enabling financial institutions to immediately verify the effectiveness of strategies based on data, respond swiftly, and achieve real-time optimization in the highly volatile real-time non-face-to-face loan market.
The commercialization of the technology has also begun in earnest. PFCT plans to supply AIRLab and AIRStudio, which incorporate this technology, to various financial institutions, starting with Consider Savings Bank, thereby providing a foundation for financial institutions to build and operate their own AI risk strategies. PFCT expects to contribute to improving inefficiencies and the diminished execution capability of risk strategies that arise from existing systems through the continuous enhancement of its patented technology.
Lee Su-hwan, CEO of PFCT, noted, "This patent registration is an official recognition of the technical differentiation and innovation of AIRPACK," adding, "It is significant as a real-time decision support platform that utilizes vast amounts of data to enable financial institutions to rapidly formulate and execute strategies in the face of rapidly changing market conditions."