PFCT Exports AI Risk Management Solution 'Airpack' to Australia

Third Overseas Expansion Following Indonesia and Vietnam

Artificial intelligence (AI) fintech company PFCT is expanding into Australia.

On September 10, PFCT announced that it had signed a three-year contract with Australian financial company Finance One to supply its AI risk management solution package, Airpack. Under this agreement, PFCT will provide two core modules of Airpack: Airlab and Airstudio.

With this deal, PFCT will expand the supply of Airpack to three countries: Indonesia, Vietnam, and now Australia. The company expects its entry into Australia to serve as a bridgehead for global market expansion and as a testbed for entering Western markets. PFCT emphasized the significance of successfully entering an advanced financial market with a domestically developed AI fintech solution.

Finance One, established in 2010, is a leading non-bank fintech company in Australia. It provides various financial opportunities to customers who are excluded from bank loans due to insufficient credit history.

Through this contract, Finance One will apply Airlab and Airstudio to its main products, including personal credit loans, auto loans, mortgage loans, and small and medium-sized enterprise (SME) loans, in order to establish a sophisticated risk management system.

PFCT’s Airpack is an integrated solution that automates and advances the entire risk management process with AI technology, from data preprocessing to strategy development and operational monitoring.

Airpack consists of three products: Airmodel, an AI credit scoring model; Airlab, which handles data analysis and strategy design; and Airstudio, which manages strategy operations and performance monitoring.

Of these, Airlab-supplied to Finance One-rapidly preprocesses large-scale data and automatically designs optimal risk strategies using AI-based analysis, significantly reducing the time required to develop strategies.

The strategies developed are deployed to real-time operations through Airstudio, enabling agile responses to changing risk environments by continuously monitoring performance.

Lee Suhwan, CEO of PFCT, stated, "This collaboration with Finance One demonstrates that Korean financial technology is recognized in advanced financial markets. PFCT will use the Australian market-which has quickly adopted digital financial infrastructure such as open banking (CDR) and real-time payments (NPP)-as a global testbed to further solidify the status of 'K-Finance' worldwide."

This content was produced with the assistance of AI translation services.