On May 30, 2024, Amazon Web Services (AWS) announced that Ascend Money, Thailand's first fintech unicorn, is using AWS's artificial intelligence (AI) and machine learning (ML) capabilities to enhance financial inclusion in Southeast Asia. Ascend Money operates the True Money app, serving 30 million underbanked users annually with real-time AI-powered credit approvals, investment services, and international payments. With AWS, Ascend Money is experimenting with generative AI to optimize and automate engineering workloads, potentially increasing productivity and service development by up to 30%. The company also uses AWS to prevent identity fraud with AI models that can verify facial features in seconds. Ascend Money's goal is to drive financial inclusion and socioeconomic mobility across the region.