This document describes the application scenarios for ScenarioFinConnector.
Cloud spending
Digital expense management solution
This solution provides intelligent expense management to help businesses reduce costs. It covers seven common expense scenarios: flights, hotels, trains, ride-hailing, corporate dining, business meal delivery, and petty cash.
Key benefits
Cost reduction: Reduces costs by comparing prices from multiple suppliers and providing incentives for group purchases.
Transaction authenticity: Guarantees authentic transactions through pre-approvals, pre-controls, and online booking with direct corporate payments.
Credit technology
Ecosystem expansion for financial institutions
Financial institutions need to expand beyond their own channels by embedding services into new scenarios. ScenarioFinConnector provides a one-stop solution for connecting with multiple scenario partners to efficiently grow their ecosystem.
Features
Precise product matching: Uses a multilayer decision routing feature to accurately match users from a scenario with the right products from an institution. This improves the user experience and conversion rates.
Business synergy: Delivers benefits through the partner's platform to create synergy between the partner's business and the financial institution's business. This drives growth in the partner's core business.
Personalized product management: Enables institutions to use ScenarioFinConnector for personalized configuration and management of financial products. This helps them meet their specific business and compliance requirements.
Cardholder marketing
Financial marketing and operations solution
This solution supports targeted bank card activation, co-branded card acquisition, and online acquisition and funding for Type II accounts. Its capabilities include privacy-preserving list intersection with bank customers, precise user segmentation, differentiated campaign strategies, and dynamic pricing for benefits.
Features
Full lifecycle management: Manages the entire cardholder lifecycle by working with partners to build product capabilities and operational solutions for targeted card activation, co-branded card acquisition, and online acquisition and funding for Type II accounts.
Digital finance strategy engine: Provides strategy services for marketing, budgeting, and risk control. It enables personalized dynamic pricing, matches scenario resources, maximizes budget return on investment (ROI), and offers pre-emptive risk control services to improve conversion quality and efficiency.
Secure and private computing: Provides robust privacy and security tools. It performs encrypted, private set intersection between a bank's list of inactive accounts and users from the Alibaba ecosystem without data leaving its respective domain. It also supports joint modeling to dynamically adjust user segmentation and targeting.
Scenario-based insurance
Connecting scenarios with insurance
An intelligent assistant that provides a one-stop solution for policy underwriting, claims processing, and risk control. It serves needs such as instant retail fulfillment guarantees, scenario-based user operations, accident and health insurance, and employee benefit services.
Key capabilities
Higher efficiency: Re-orchestrates business flows and simplifies operations. It uses visual intelligence, risk control algorithms, and an intelligent underwriting and claims assistant to automate case processing. This reduces manual intervention and improves the user experience.
Lower risk: Leverages deep, scenario-based risk control capabilities and intelligent features to detect and flag high-risk cases. This allows for faster threat identification and better risk governance.