OneConnect Partners with Hong Kong Police on AI for Anti-Fraud Ecosystem
OneConnect has formally sealed a cooperation agreement with the Hong Kong Police Force (HKPF) recently. As a partner tasked with developing and deploying the AI Multimodal Identity Verification and Deepfake Detection System under the Joint AI Laboratory for Smart Policing, OneConnect will take an active role in the system’s research, development and on-site implementation.
Overseen and guided by the Cyber Security and Technology Crime Bureau (CSTCB) of the Hong Kong Police Force, this project has been included in the Artificial Intelligence Funding Scheme administered by the Office of the Government Chief Information Officer of the Hong Kong Special Administrative Region (HKSAR). This police-corporate partnership marks a key milestone: OneConnect’s core technological strengths built around artificial intelligence and big data, widely deployed across large-scale financial scenarios, are now repurposed to underpin public safety services. The deal underscores the company’s exemplary value in leveraging technology to serve societal needs.
Notably, OneConnect has deeply embedded itself into Hong Kong’s financial and public safety ecosystems. In the banking sector, its remote electronic identity verification (eKYC) technology serves more than half of all retail banking end users across Hong Kong. For insurance carriers, it delivers ongoing technological empowerment and builds fully digital end-to-end insurtech services. On regulatory innovation, its anti-fraud strategy platform has been admitted into the Hong Kong Monetary Authority’s GenA.I. Sandbox, emerging as one of the pioneering initiatives exploring Deepfake detection technologies. In the capital market, OneConnect partnered with the Hong Kong Exchanges and Clearing Limited (HKEX) to build the new fully electronic IPO subscription platform FINI. The platform shortened the IPO settlement cycle from T+5 to T+2, facilitated new share issuances for over 200 enterprises and raised more than HK$500 billion in total fundraising volume. In digital government, the firm recently won the tender for a core government system cloud migration project in Hong Kong, ranking among the first batch of technology firms to deliver a live government cloud migration locally.
The successive rollout of OneConnect’s core businesses within Hong Kong’s sophisticated, highly regulated market fully proves its technological prowess has won broad recognition from local financial institutions and government authorities, having passed rigorous real-world trials in a high-standard market environment.
Public statistics show Hong Kong recorded more than 9,400 fraud cases in the first quarter of 2026 alone, with total involved funds hitting HK$1.85 billion. As AIGC and Deepfake technologies advance at a rapid pace, fraudulent tactics have grown increasingly intelligent and hard to detect. Establishing an efficient, smart anti-fraud framework has become an urgent priority for Hong Kong’s financial stability and public security.
Leveraging OneConnect’s self-developed underlying AI visual product suite, the project will jointly establish a comprehensive defense architecture centered on an AI Agent Coordinator alongside CSTCB. Equipped with multimodal calibration capabilities, the system generates consistent, secure and reliable risk scores, enabling fully auditable and traceable risk assessment across every workflow stage.
PAOCCRA (Ping An OneConnect Credit Rating Agency (Hong Kong) Limited), a OneConnect subsidiary specialized in credit data services, will lead development modules for trusted data verification and behavioral pattern analysis for this project. Drawing on derived credit data features and years of accumulated risk control expertise, PAOCCRA will upgrade the model’s capability to flag suspicious identities and potential fraudulent patterns. The solution delivers higher risk identification accuracy while fully safeguarding data security and meeting regulatory compliance requirements.
As Ping An Group’s exclusive technology export platform and pivotal overseas expansion hub, OneConnect consistently integrates Ping An’s proven best practices in the financial industry with AI and data technologies to build a product portfolio backed by solid scenario expertise and robust technical capabilities. In Hong Kong, the company has assembled a full spectrum of tech solutions spanning credit reference agency (CRA) services, AI vision-powered anti-fraud tools, digital banking, digital insurance and smart office systems. Its service scope has expanded from the financial industry to municipal government services, demonstrating the rising service capacity and outward business expansion of Chinese technology enterprises. To date, OneConnect’s overseas footprint covers 20 countries and regions worldwide, having served over 200 international financial institutions.
OneConnect will actively participate in the digital development of the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) and continue to deepen its local presence in Hong Kong. Supported by AI and data technologies, the company will push forward the formulation of unified AI anti-fraud standards and refine cross-industry joint prevention and control mechanisms, and boost interconnection of digital identity infrastructure across the Greater Bay Area. With premium customized products and sustained accompanying services, OneConnect will keep injecting technological momentum into the development of Hong Kong’s digital economy and public security system, bringing tangible contributions under the Ping An brand.
