OneConnect Financial Technology Co., Ltd., a member of the Ping An Group, has formally entered into a cooperation agreement with the Hong Kong Police Force.
As a partner in the "AI Multi-modal Identity Verification and Deepfake Detection System" project under the Smart Policing Joint Artificial Intelligence Laboratory, OneConnect will be deeply involved in the system's development and implementation.
This initiative is overseen by the Hong Kong Police Force's Cyber Security and Technology Crime Bureau (CSTCB) and is now included in the Hong Kong SAR Government's Digital Policy Office "Artificial Intelligence Funding Scheme".
OneConnect was invited to attend the opening ceremony of the Smart Policing Joint Artificial Intelligence Laboratory.
This collaboration between the police and the enterprise signifies that OneConnect's core technological capabilities in AI and data, already scaled within financial scenarios, are now being further transformed into technical support for public safety services, demonstrating the company's exemplary value in serving society through technology.
It is noteworthy that OneConnect is already deeply integrated into Hong Kong's financial and public safety ecosystem.
In the banking sector, it provides remote identity verification services via "Electronic Know Your Customer (eKYC)" technology to over 50% of retail banking end-customers across Hong Kong.
In the insurance industry, it continues to empower insurance clients by building fully online, end-to-end insurance technology services.
Regarding regulatory innovation, its "Anti-Fraud Strategy Platform" was selected for the Hong Kong Monetary Authority's "Generative AI Sandbox (GenA.I. Sandbox)", becoming one of the innovative projects exploring "Deepfake Detection".
In capital markets, it partnered with the Hong Kong Exchanges and Clearing Limited to jointly develop the new-generation electronic IPO platform FINI, which shortened the IPO settlement cycle from T+5 to T+2, supported over 200 companies in issuing new shares, and raised funds exceeding HK$500 billion.
In the digital government sector, it recently won a bid for a core Hong Kong SAR government system cloud migration project, becoming one of the first technology firms in Hong Kong to successfully implement a government cloud migration.
Based in the mature, regulated, and high-standard Hong Kong market, the continued implementation of OneConnect's multiple core businesses fully demonstrates that its technological strength has gained broad recognition from local financial institutions and government departments, and has withstood the test of a high-standard market.
Public data shows that in the first quarter of 2026 alone, Hong Kong recorded over 9,400 fraud cases, involving a staggering HK$1.85 billion.
With the rapid iteration of "AI-Generated Content (AIGC)" and "Deepfake" technologies, fraudulent methods are becoming increasingly intelligent and concealed, making the construction of an efficient and intelligent anti-fraud system an urgent task for Hong Kong's financial and public safety.
This project will rely on OneConnect's self-developed AI visual product matrix as its foundation, collaborating with the CSTCB to build a comprehensive defense architecture centered on an "AI Agent Coordinator".
The system employs multi-modal calibration to output a unified, secure, and reliable risk score, achieving a fully auditable and traceable risk assessment process.
In this project, Ping An OneConnect Credit Services (Hong Kong) Company Limited (PAOCCRA), a OneConnect subsidiary focused on credit data services, will primarily participate in modules related to "trusted data verification" and "behavioral pattern analysis".
Leveraging credit data derivative characteristics and years of risk control experience, PAOCCRA will enhance the model's ability to identify suspicious identities and potential fraud patterns.
This solution improves risk control precision while comprehensively addressing data security and regulatory compliance.
As the Ping An Group's "sole window for technology export" and "bridgehead for going global", OneConnect continuously integrates Ping An's "best practices" in the financial field with AI and data technologies to build a product system combining scenario experience and technical capabilities.
In the Hong Kong market, OneConnect has gradually established a portfolio of technology service solutions covering multiple areas including credit data (CRA), intelligent vision (AI anti-fraud), digital banking, digital insurance, and digital office.
Its service scenarios have gradually extended from the financial sector to city governance, reflecting the continuous enhancement of service capabilities and the outward expansion of business boundaries for Chinese technology enterprises.
Currently, OneConnect's overseas business covers over 20 countries and regions globally, cumulatively serving more than 200 overseas financial institutions.
OneConnect stated that it will actively participate in the digital construction of the Guangdong-Hong Kong-Macao Greater Bay Area in the future, continue to deepen its presence in the Hong Kong market, leverage AI and data technologies to promote the formulation of AI anti-fraud standards and the improvement of cross-industry joint prevention and control mechanisms, assist in the interconnectivity of digital identity infrastructure within the Greater Bay Area, and, through high-quality products and accompanying services, continue to inject technological momentum and contribute Ping An's strength into the construction of Hong Kong's digital economy and public safety system.
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