"Qifu Technology" has released an AI intelligent assistant and a digital inclusive credit platform, and has reached a cooperation with the Shanghai Industrial Alliance.

On December 19, 2024, during the 6th Shanghai International Forum on Financial Technology, Qifu Technology and the Innovation Supervision Joint Laboratory of the Shanghai Financial Technology Industry Alliance officially established an innovative partnership.  

This cooperation relies on Qifu Technology's deep accumulation in the field of AI technology and the innovation supervision advantages of the Shanghai Financial Technology Industry Alliance. It is committed to in-depth exploration of the scenario-based applications in areas such as risk control, credit, and intelligent customer service through technology sharing and joint research and development. The two sides will take the large model technology as the core to improve the efficiency and quality of financial services and jointly build a financial technology ecosystem that integrates open communication, cutting-edge display, and win-win cooperation.

Ju Xiaoyan, Deputy Secretary-General of the Shanghai Financial Technology Industry Alliance, said that this cooperation will inject new impetus into the field of financial technology and promote the digital and intelligent upgrade of financial services.

Ju Xiaoyan, Deputy Secretary-General of the Shanghai Financial Technology Industry Alliance

During the event, Qifu Technology showcased its two core AI products - the intelligent service assistant "Xiaoqi" and the digital inclusive credit platform FocusPRO 2.0. These products deeply integrate the large model technology with the actual needs of financial services, bringing efficiency improvement and user experience optimization to the industry.

Xiaoqi AI Companion is an intelligent assistant built based on the large model technology, which can provide users with all-day services and accurately understand and predict financial needs. After being trained with Qifu Technology's 8-year massive financial transaction data, behavior logs, and customer service conversation corpora, Xiaoqi has the functions of full-process intelligent operation without human intervention, multi-round interaction, and voice control. According to Lu Yao, Vice President of Qifu Technology's Products, Xiaoqi not only effectively improves the user's credit limit application and marketing efficiency, but also significantly reduces the inbound rate of customer service.

FocusPRO 2.0 focuses on solving the "triangular problem" in the small and micro credit field - the balance of risk, cost, and scale. This platform not only optimizes the traditional consumer credit service but also expands to small and micro business loans, providing the market with more diverse and refined financial solutions. According to Qifu Technology's statistics, from January to September this year, with the help of FocusPRO, the company's monthly average compound growth rate of lending reached 14%, and the business growth momentum is strong.

At the model level, through the construction of an enterprise-level knowledge base and AI Flow, Qifu Technology's AI STUDIO now enables the fastest launch of an intelligent agent in one day, achieving matrix coverage innovation and intelligent agent remodeling of business processes. Among them, the financial expert large model JARVIS AI generates a code proportion of up to 30%, and AI generates 40% of test cases.

Qifu Technology has also applied AI technology to more specific business scenarios. For example, Qifu ChatBI has upgraded capabilities including NL2SQL and semantic modeling. In the application scenarios of cooperative banks, Qifu's AI capabilities achieve end-to-end capability transmission at the hourly level, and the FocusPRO digital inclusive credit system can cover business links such as risk control, customer acquisition, credit business, and growth, improving efficiency for them.

Wu Haisheng, CEO of Qifu Technology

Wu Haisheng, CEO of Qifu Technology, said at the event that the large model technology is redefining the boundaries of financial technology. He emphasized: "The financial industry is naturally suitable for the implementation of the large model technology. Qifu Technology will continue to deepen technological research and development and cooperate with more financial institutions to jointly promote the high-quality development of digital finance."

In addition, Song Rongxin, Chairman of the Technology Committee of Qifu Technology, shared the innovative application of AI products in financial business. He introduced how the AI STUDIO platform builds enterprise-level intelligent agents to help quickly develop and deploy intelligent solutions and comprehensively enhance the service capabilities of financial technology.