If you are looking for an answer to the question What is Artificial Intelligence? and you only have a minute, then here's the definition the Association for the Advancement of Artificial Intelligence offers on its home page: "the scientific understanding of the mechanisms underlying thought and intelligent behavior and their embodiment in machines."
However, if you are fortunate enough to have more than a minute, then please get ready to embark upon an exciting journey exploring AI (but beware, it could last a lifetime) …
Xendit provides payment infrastructure across Southeast Asia, with a focus on Indonesia and the Philippines. We process payments, power marketplaces, disburse payroll and loans, provide KYC solutions, prevent fraud, and help businesses grow exponentially. We serve our customers by providing a suite of world-class APIs, eCommerce platform integrations, and easy to use applications for individual entrepreneurs, SMEs, and enterprises alike. Our main focus is building the most advanced payment rails for Southeast Asia, with a clear goal in mind -- to make payments across in SEA simple, secure and easy for everyone. We serve thousands of businesses ranging from SMEs to multinational enterprises, and process millions of transactions monthly.
Developing new packaged foods and consumer goods can take a couple years as companies research, prototype and test products. In a society that runs on social media, however, people expect to see trends land on store shelves much more quickly. Founded in 2018, Ai Palette uses machine learning to help companies spot trends in real time and get them retail-ready, often within a few months. The startup, whose clients include Danone, Kellogg's, Cargill and Dole, announced today it has raised an oversubscribed $4.4 million Series A co-led by pi Ventures and Exfinity Venture Partners. Both will join Ai Palette's board.
Conversational AI (artificial intelligence) is now becoming a sought-after technology as businesses look to improve their response speed and also provide better services to customers. However, despite the advancements in technology to perfect conversational AI, businesses in Southeast Asia are still struggling with implementing the software in their business. The biggest problem for conversational AI in APAC is the language itself. Conversational AI refers to the use of artificial intelligence on chatbots or voice assistants. Using large volumes of data, machine learning, and natural language processing, the AI helps imitate human interaction by recognizing speech or text inputs and replying to them based on a set of predetermined replies.
Total annual RPA revenue is expected to reach $1.3 billion in 2020, up from $98 million in 2015. Robotic process automation (RPA) is everywhere. Businesses are talking about it, analysts are writing about it; RPA has appeared in articles in Forbes and McKinley and The Wall Street Journal. You can hardly mention digital transformation without hearing about RPA. But are there risks with using RPA?
It was not too long ago that biometric identification methods became accepted means to authenticate a customer's identity in the financial services sector. First fingerprints became commonplace, followed by voice recognition tech. Now, facial recognition tech is becoming increasingly accepted by financial institutions, notoriously some of the hardest (and slowest) organizations to approve of new procedures, due to their tight enforcement protocols. If banks in Southeast Asia are accepting facial biometric IDs, then it's a good bet that industries that don't have such stringent standards will start looking at the technology as a means of authenticating identity, too. Facial rec software applies artificial intelligence (AI) and machine learning technologies to match a face captured on-camera against a database of millions of faces, and is usually used to identify or authorize access for an individual.
The months-old startup aims to build artificial intelligence-powered applications that cut across various technology segments, including natural language processing, facial recognition, and cybersecurity. Its latest funding round was led by US VCs Lightspeed Venture Partners and Falcon Edge Capital, the startup said in a statement Tuesday. It also is supported by several angel investors including founders of Mad Street Den, Anand Chandrasekeran and Ashwini Asokan, and former Freshworks COO Nishant Rao. With the launch of its national artificial intelligence (AI) strategy, alongside a slew of initiatives, the Singapore government aims to fuel AI adoption to generate economic value and provide a global platform on which to develop and testbed AI applications. Established earlier this year, NextBillion.ai Its software development team also comprises former employees from major Chinese players such as Alibaba, Tencent, and ByteDance, the company said.
Latest published market study on Global Artificial Intelligence (AI) in Fintech Market with data Tables, Pie Chart, high level qualitative chapters & Graphs is available now to provide complete assessment of the Market highlighting evolving trends, Measures taken up by players, current-to-future scenario analysis and growth factors validated with View points extracted via Industry experts and Consultants. The study breaks market by revenue and volume (wherever applicable) and price history to estimates size and trend analysis and identifying gaps and opportunities. Some are the players that are in coverage of the study are Autodesk, IBM, Microsoft, Oracle, SAP, Fanuc & Hanson Robotics. Get ready to identify the pros and cons of regulatory framework, local reforms and its impact on the Industry. Market Factor Analysis: In this economic slowdown & due to COVID-19 Outbreak, impact on various industries is huge.
During the 13 years he spent in banking, Tomasz Borowski's career spanned operations, risk management, and product management, where he also witnessed the brutality and unprofessional methods that conventional debt collection agencies adopted to retrieve outstanding balances. He observed the same thing when he moved to Ukraine in 2005 to continue his banking career. He did his own research on alternative methods and came to know about two digital debt collection companies--US-based TrueAccord and Polish debt collection agency Kruk SA--both worth over a billion US dollars today. "I decided to move to Southeast Asia and began exploring the market here. It was obvious to me that the situation here was similar to Ukraine. I decided to utilize my experience in finance and create a professional credit management services company to help change this market," Borowski told KrASIA.
The impact of artificial intelligence on our daily lives is yet to be fully realized. Leading the movement with proprietary natural language processing technology, WebAble's SAAS platform, ChatLeads will be represented in the global stage in Seoul on April 9 at "2019 Global Digital Marketing S.E.T ", said a statement sent to FS. CEO of ChatLeads, Shadab Mahbub, will be speaking at the event about "Utilizing A.I chatbot to deliver cross-cultural marketing". He will also discuss changes to customer experience made by A.I chatbot & Facebook A.I messenger campaigns across Southeast Asia. Shadab will be sharing the stage with leaders from Hubspot, Mercer, and other global leaders in the field. The event will explore the implications of A.I powered customer experiences in an era of fragmented interfaces.