Artificial Intelligence

Xilinx Technology to Power Baidu Brain Edge AI Applications

Xilinx (NASDAQ: XLNX), the leader in adaptive and intelligent computing, today announced that the newly unveiled EdgeBoard, Baidu's edge acceleration computing solution is enabled by Xilinx. The EdgeBoard is a turn-key solution which is available fully configured directly from Baidu. Read more »

Tieto and Skellefteå municipality test facial recognition in a high school in Sweden

How can AI and new technologies reduce teachers' administrative tasks in the classroom? In a unique pilot project Nordic software and services company Tieto and Anderstorp high school in Skellefteå, Sweden, tested automatic student registration using tags, smartphone apps and facial recognition technology. The reactions from both students and teachers have been positive. Read more »

Planbox Acquires Imaginatik Creating an Agile Innovation Powerhouse

Planbox, the pioneering provider of AI-Powered Agile Innovation Management software, and Imaginatik, the #1 ranked leader in Corporate Innovation Management according to Forrester Research, will join forces to seize on the innovation boom. Under the agreement, Planbox will acquire all of the assets of Imaginatik Plc (LON: IMTK) related to its Enterprise Innovation Management platform and global operations. This transaction is pending the final... more Read more »

Insurer CEOs Reveal Marketing Strategies that Communicate the True Value of Insurance Products & Services to the Customer

The game has changed. Agile start-ups, and truly innovative insurers have proved that the customer is responding to products and services that match their lifestyle choices and inspire engagement. Should your organisation have the courage to make innovation a reality there is a huge opportunity to both secure your customers’ future loyalty and attract new ones too. However, one real challenge lies in convincing new and existing customer of the... more Read more »

Artificial intelligence for better identification of road traffic disturbances

Artificial intelligence can be applied to enable the better detection of road traffic disturbances in real-time without significantly adding costs, a test by the Finnish Transport Agency and Tieto has shown. The findings were the result of a Proof of Concept experiment conducted by the two organizations in the spring of 2018 that combined LiDAR (Light Detection and Ranging) measurement technology with sensor fusion and artificial intelligence... more Read more »

Pelican launches AI-powered sanctions self-learning module to dramatically reduce false positive rates

Pelican, a global provider of AI-powered payments and financial crime compliance systems for banks and corporates, has launched a breakthrough sanctions self-learning module capable of delivering significant reductions in false positive rates (FPRs). Pelican Sanctions Self-Learning can be deployed as part of the Pelican watchlist filter, or can operate with any existing third-party sanctions screening application. Read more »

Are Insurance Companies Maximizing AI’s Impact? Leading Insurance Companies Dissect Strategies for Implementing AI

Understanding AI is non-negotiable for insurance carriers. Out of the entire spectrum of technology that have the potential to affect the insurance industry, the consensus is growing that AI is likely to have the biggest impact. The industry certainly believes this; insurance carriers’ investments in AI are increasing year-on-year, with the trend is set to continue, at least into 2019. Read more »

Arachnys Unveils Customer Risk Intelligence Suite Transforming the Intersection of Entity Data and Investigative Intelligence

Arachnys, the leader in Customer Risk Intelligence (CRI) solutions for Client Onboarding, Know Your Customer (KYC), Customer Due Diligence & Enhanced Due Diligence (CDD/EDD) and Anti Money Laundering (AML), today announced the launch of their CRI cloud-native platform. Read more »

Agorai Announces Strategic Partnership with Neuramatix

Agorai, a global platform which provides an inventory of turnkey software solutions, technology, and data needed for any company to join the AI economy, today announced that Neuramatix, a provider of artificial intelligence tools powered by a proprietary neural engine called NeuraBASE, is joining the Agorai AI marketplace.    Read more »

Cathay Bank Selects QuantaVerse AI Financial Crime Solutions to Create a More Effective AML Program

QuantaVerse, the first in the market with artificial intelligence (AI) solutions purpose-built for identifying financial crimes, today announced it has signed an agreement with Cathay General Bancorp, a holding company for Cathay Bank, a California state-charted bank. Cathay Bank selected QuantaVerse’s AI financial crime solutions as a fully built and tested anti-money laundering (AML) platform to reduce costly, manual financial crime... more Read more »

APPx Group Holdings, Inc. selects encompass corporation to bolster AML and CTF practices

encompass corporation (“encompass”), a fast-growing global provider of intelligently automated Know Your Customer (KYC) solutions, is pleased to announce that it has been selected by APPx Group Holdings, Inc. (“APPx”) (CSE:APPX), a Canada-based Fintech incubator and leader in diversified Blockchain 2.0 development, to support and enhance its Anti-Money Laundering (AML) and Counter-Terrorist Financing (CTF) processes in line with regulatory... more Read more »

Kreston Reeves Partners with MindBridge Ai to Deliver Enhanced Insights for Audit

Kreston Reeves, one of the top twenty-five accountancy firms in the UK, has partnered with MindBridge Ai to improve its audit services through the use of artificial intelligence (AI). Audit is one of the key areas for the firm, which works with SME corporations and charities, and AI-based technology was chosen to evolve its continuing promise to provide valuable insights to its clients.  Read more »

Trescon’s World AI Show Makes its Debut in Mumbai

After marking the global landscape, Mumbai is ready to host the prestigious World AI Show in its first ever edition, expanding its footprints in the Indian sub-continent. Read more »

Squirro launches dynamic machine learning service, including a bespoke training data creation module

Augmented intelligence solutions provider Squirro has launched a new machine learning service that is one of the world’s first to include an Annotation Workbench that enables organisations to compose training data sets within the platform. Read more »

encompass corporation expands product offering with new global identify verification feature

encompass corporation (“encompass”), a fast-growing global provider of intelligently automated Know Your Customer (KYC) solutions, is pleased to announce that it now offers global biometric identify verification (IDV) and document authentication on its platform. Read more »

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