AsiaFIN Holdings Corp. is a Nevada corporation incorporated on June 14 2019 that operates through its wholly owned subsidiaries to provide system solutions in payment processing regulatory technology and robotic process automation for financial institutions regulatory agencies professional service providers and private enterprises across Asia and Saudi Arabia.
The company generates revenue by selling its web based image based check truncation system its ISO20022 compliant…
AsiaFIN Holdings Corp. is a Nevada corporation incorporated on June 14 2019 that operates through its wholly owned subsidiaries to provide system solutions in payment processing regulatory technology and robotic process automation for financial institutions regulatory agencies professional service providers and private enterprises across Asia and Saudi Arabia.
The company generates revenue by selling its web based image based check truncation system its ISO20022 compliant payment gateway its RegTech reporting platform including an ESG SaaS offering and its AI based robotic process automation software to customers such as central banks financial institutions payment system providers large corporations and small medium enterprises.
The company operates through the following segments: Payment Processing Regulatory Technology and Robotic Process Automation.
- The Payment Processing segment provides an image based check truncation system similar to CHECK21 that is sold in Malaysia Singapore Indonesia Philippines Myanmar Thailand Pakistan Bangladesh and Saudi Arabia and also offers an ISO20022 compliant payment gateway enabling straight through processing of various payment types such as SWIFT RTGS GIRO and FAST which is marketed in Malaysia Myanmar and Indonesia.
- The Regulatory Technology segment offers a platform that conforms to XBRL reporting standards and supports financial statistic reporting credit risk exposure risk management FATCA CRS GST e Invoicing and provides a SaaS solution for ESG reporting serving more than 54 financial institutions and 61 large corporations.
- The Robotic Process Automation segment delivers AI based software that automates data extraction from identity documents and performs checks against blacklists anti money laundering credit scoring FATCA CRS and ESG data serving customers in Malaysia Philippines Indonesia Pakistan and through a joint venture in Thailand where the solution has been translated into Thai language.
AsiaFIN Holdings Corp. positions itself as a niche provider of integrated payment compliance and automation solutions in Asia where it competes with larger global fintech firms but differentiates through its focus on regional markets its ability to tailor products to local regulatory requirements and its commitment to building long term client relationships.
The company serves financial institutions central banks payment system providers regulatory agencies professional service providers and private enterprises with over 90 bank customers for its payment processing and RegTech offerings more than 100 customers using its RPA solutions and more than 54 financial institutions and 61 large enterprises utilizing its RegTech platform.