First time in Thailand! Central JD Fintech Group won 2 International Finance Awards 2021 for Best New Fintech Company and Best New Digital Payment App in Thailand

Thursday 07 October 2021 11:53
Central JD Fintech Group, a Financial Intelligent Platform Service and Fintech service provider in Thailand, has won the International Finance Award 2021 for Best New Fintech Company and Best New Digital Payment App in Thailand. It is considered the first time that Thai company won two awards from this international stage in Fintech and Digital Payment.
First time in Thailand! Central JD Fintech Group won 2 International Finance Awards 2021 for Best New Fintech Company and Best New Digital Payment App in Thailand

Mr. Yol Phokasub, Chairman of Central JD Commerce Company Limited and Director of Central JD Fintech Company Limited said, "As a result of the COVID-19 pandemic and digital disruption, the consumer market and consumer lifestyles are transitioning to the digital age. The demand for financial services via digital channels has grown at an exponential rate. We have developed a smart platform, Dolfin, which offers completed digital financial solutions that make digital financial services accessible to all Thais, while elevating their quality of life and transforming lifestyles for the fully cashless society. We offer e-payment, digital lending, and e-insurance services through Dolfin application that provide our customers with easy-to-use financial services. Since the launch of the application in 2019, the application now has over two million registered users. We consider these two prestigious awards we received as confirmation of our full dedication, and it also portrays full willingness of Central JD Fintech to provide world-class digital financial solutions".

The followings are three innovative drivers that have contributed to this success:

  1. The first application to use e-KYC technology to ensure safety and security of user identity verification
    The first application in Thailand that used the e-KYC technology which has passed and permitted by the Bank of Thailand for identity verification of its customers at the registration process of Dolfin Wallet
    (an e-wallet operated by Central JD Money Co., Ltd., an affiliate of Central JD Fintech Co., Ltd.). This technology combines Facial Recognition technology with Optical Character Recognition (OCR) technology to provide the highest security standards for users. It also allows for a much friendlier user experience for ID card and facial scans.
  2. E-wallet that allows customers to pay at more than seven million merchant partners (through open-loop and close-loop)
    With its goal to deliver the best e-payment experience to its users, Dolfin Wallet has expanded
    QR PromptPay to more than seven million merchant acceptance points nationwide and introduced a
    QR credit card payment feature with Mastercard and Visa. With these two functions, Dolfin Wallet makes digital financial services accessible while elevating their quality of life and transforming lifestyles for the fully digital and cashless society.
  3. A fast and convenient online personal loan service provider platform
    Dolfin's digital lending products, namely Dolfin Money, provides a fast and simple digital lending platform. Applicants are not required to provide any physical document of income or collateral. More importantly, the lending application can be applied easily anywhere, at any time. The loan approval can be done within 5 minutes under the pre-active approval, developed from the powerful Big Data Archives.

About International Finance Awards magazine
International Finance Awards magazine is a leading business and financial magazine that recognise companies and individuals within the finance industry who have shown excellence and dedication in their field. The awards recognise those who have overcome the difficulties posed by the ongoing global economic issues to thrive and prosper.

About Central JD FinTech Group
Central JD Fintech Group is a result of a business partnership between Central Group, Thailand's leading retailer & omni channel businesses in Thailand and Digi-Lifestyle, and JD.com, one of the world's Top 3 largest e-commerce business and the most profitable retailers and JD Technology, one of the leaders of technology in China. The company was established as part of a joint venture of Financial Intelligent Platform Services Development Company and digital technology and FinTech services in Thailand with the value of over $250 million. The group management undertakes by a holding company, Central JD Fintech Holding Co., Ltd. and conducts key business operations by its two subsidiaries which are: Central JD Money Co., Ltd., providing electronic wallet service (Dolfin e-Wallet) and digital payment business (e-Payment) and Central JD Company Fintech Co., Ltd., providing digital intelligent platform that offers various of products according to customer needs, including credit services, insurance services, as well as other financial products/services. With the digital technology services, Central JD FinTech Group is ready to provide the digital technology to enhance the quality of life with the intelligent platform, ready to move Thailand into a full digital society.

Source: Spark Communications