2023-01-18
|
Moneytoday
|
Kim Nam-i

“Antock” for D-testbed... Ministry of Finance “Strengthening Fintech Support”

The Financial Services Commission announced on the 18th that the final six teams have been selected as the final winners as a result of the three-month D-test bed evaluation from September last year.

The grand prize (the Financial Services Commission Chairman's Award) was awarded to Antock.

Based on the credit information provided by the D-test bed, the company presented a model that can evaluate credit risk in more detail by checking the performance of its own alternative credit rating for SMEs. In addition, △Winkstone Partners △ UBS_FinBA △ Overtake Co., Ltd. △ Finnevo Inc. △ Small Ticket was selected as the winner.

The D-test bed is a project that provides a test environment so that startups, prospective startups, etc. can verify the business feasibility and feasibility of fintech technologies and ideas based on financial data. Companies and individuals (teams) who have ideas but have not had the opportunity to test them can use financial and non-financial data.

The Financial Services Commission selected a total of 31 participating teams after evaluation after announcing the recruitment of participants in August last year.

Each participating team tested the business feasibility and feasibility of ideas for about 12 weeks and submitted the results.Starting this year, we plan to increase data accessibility by constantly providing data through D-test beds and expand the data provided, a financial authority official said. "We will continue to improve and supplement the system so that various ideas of fintech companies can be linked to commercialization."

Read the full article here
Next Post
No Next post
Check out our Directory
Previous Post
No previous post
Check out our Directory